This detailed sample New Home Contract (Completed Construction) complies with Texas law. Adapt the language to fit your facts and circumstances. Available in Word and Rich Text formats.
Arlington Texas New Home Contract — Completed Construction is a legally binding agreement entered into between a homeowner or buyer and a home builder in Arlington, Texas. This comprehensive contract outlines the terms and conditions regarding the purchase of a newly constructed home that has already been completed by the builder. Keywords: Arlington Texas, new home contract, completed construction, homeowner, buyer, home builder. Types of Arlington Texas New Home Contract — Completed Construction: 1. Standard New Home Contract: The standard new home contract is the most common type used in Arlington, Texas. It includes all the necessary provisions related to the purchase of a completed new home, such as the agreed purchase price, property description, closing date, and financing terms. This type of contract ensures a smooth transfer of ownership from the builder to the buyer. 2. Custom Home Contract: A custom home contract is used when the buyer requests modifications or customization to the completed home. This type of contract includes additional details regarding the customization, such as design changes, material upgrades, and specific construction specifications. It ensures that the buyer's desired modifications are properly documented, agreed upon, and executed by the builder. 3. Spec Home Contract: A spec home contract is utilized when the builder constructs a home before securing a buyer. In this case, the builder assumes the financial risk of building the home without a specific buyer in mind. This type of contract includes provisions related to the completion of construction, marketing the home, and the builder's obligation to find a buyer within a specified timeframe. 4. Model Home Contract: A model home contract is used when the builder has a completed home that serves as a showcase for potential buyers. This type of contract typically includes additional provisions related to the use of the model home for promotional purposes, maintenance responsibilities, and access limitations during the sales process. In conclusion, the Arlington Texas New Home Contract — Completed Construction is a crucial legal document that outlines the terms and conditions for the purchase of a newly constructed home that is already completed. It ensures a transparent and protected transaction between the homeowner or buyer and the home builder in Arlington, Texas.Arlington Texas New Home Contract — Completed Construction is a legally binding agreement entered into between a homeowner or buyer and a home builder in Arlington, Texas. This comprehensive contract outlines the terms and conditions regarding the purchase of a newly constructed home that has already been completed by the builder. Keywords: Arlington Texas, new home contract, completed construction, homeowner, buyer, home builder. Types of Arlington Texas New Home Contract — Completed Construction: 1. Standard New Home Contract: The standard new home contract is the most common type used in Arlington, Texas. It includes all the necessary provisions related to the purchase of a completed new home, such as the agreed purchase price, property description, closing date, and financing terms. This type of contract ensures a smooth transfer of ownership from the builder to the buyer. 2. Custom Home Contract: A custom home contract is used when the buyer requests modifications or customization to the completed home. This type of contract includes additional details regarding the customization, such as design changes, material upgrades, and specific construction specifications. It ensures that the buyer's desired modifications are properly documented, agreed upon, and executed by the builder. 3. Spec Home Contract: A spec home contract is utilized when the builder constructs a home before securing a buyer. In this case, the builder assumes the financial risk of building the home without a specific buyer in mind. This type of contract includes provisions related to the completion of construction, marketing the home, and the builder's obligation to find a buyer within a specified timeframe. 4. Model Home Contract: A model home contract is used when the builder has a completed home that serves as a showcase for potential buyers. This type of contract typically includes additional provisions related to the use of the model home for promotional purposes, maintenance responsibilities, and access limitations during the sales process. In conclusion, the Arlington Texas New Home Contract — Completed Construction is a crucial legal document that outlines the terms and conditions for the purchase of a newly constructed home that is already completed. It ensures a transparent and protected transaction between the homeowner or buyer and the home builder in Arlington, Texas.
