Construction Contract
This agreement made this _(1)_ day of ____(2)__________, 19__(3)_, by and between ________(4)___________, of _______(5)____________, herein referred to as owner, and
__________(6)__________, of _________(7)__________, herein referred to as contractor.
Owner and contractor in consideration of the mutual covenants hereinafter set forth agree as follows:
ARTICLE 1 [RUCTURE AND SITE]
Contractor shall furnish all labor and materials necessary to construct a____(8)______, upon the following described property, which owner warrants he owns, free and clear of liens and encumbrances: ________(9)___________.
ARTICLE 2 [PLANS]
Contractor shall construct the structure in conformance with the plans, specifications, and breakdown and binder receipt signed by contractor and owner, and will do so in a workmanlike manner. Contractor is not responsible for furnishing any improvements other than the structure, such as landscaping, grading, walkways, painting, sewer or water systems, steps, driveways, patios and aprons, etc., unless they are specifically stated in the breakdown.
ARTICLE 3 [PAYMENT]
Owner shall pay contractor the sum of ___(10)___ Dollars ($__________) in installments as set forth in the escrow instructions or the primary lender's schedule (whichever is applicable) signed by owner. In the event any installment is not paid when due, contractor may stop work until payment is made and for five (5) days thereafter. In the event any installment is not paid within ten (10) days after it is due, contractor may take such action as may be necessary, including legal proceedings, to enforce its rights hereunder. |
2008.04.17
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