Home Fee Cost Plus Contract With Guaranteed Maximum In Sacramento
Category:
State:
Multi-State
County:
Sacramento
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Home fee cost plus contract with guaranteed maximum in Sacramento is a crucial document for residential construction projects. It outlines the agreement between the contractor and the owner regarding the scope of work, payment structure, permits, and responsibilities related to soil conditions and insurance. This form specifically includes sections for defining the project scope, site location, and the requirement for all necessary permits, ensuring compliance with local regulations. Notably, the contract includes both cost plus and fixed fee payment options, providing flexibility for owners. Filling and editing instructions emphasize the need for clear communication regarding changes in scope through written 'Change Orders.' This contract is particularly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction law or real estate transactions. Understanding the terms of the contract helps ensure project management accountability and legal compliance, ultimately safeguarding the interests of all parties involved.
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FAQ
Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
