Last updated: 2/19/2024
New Construction Contract
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Description
NEW CONSTRUCTION CONTRACT. This form is used for the sale of real estate, including a parcel of land and a building to be constructed on it. It covers various aspects such as the property details, construction specifications, payment terms, mortgage contingency, title issues, closing costs, occupancy regulations, warranties, and dispute resolution. Both the purchaser and seller must sign the contract, which also includes a section for a personal guaranty related to the contract deposit and a schedule for additions to the construction with their costs. www.FormsWorkflow.com