It is always everyone’s own dream to have their dream house constructed in a place they may have bought or have been given to them. It goes without saying, anyone who wishes to build something is able to do so when they are given the opportunity, the chance and of course the financial stability to do so. What we often forget is the fact that constructing something is not going to be that easy, since even constructions have to go through paperwork. This does not necessarily mean that they do not go through the planning and the blue prints, what it does mean is that for someone or for a construction company to build a house or a building for you, you have to have an agreement with them. This is where the construction agreement comes to play.
A construction agreement is a kind of contract agreement between the construction company, the contractor and the person who wants to take on their construction services. The agreement is mainly between the construction company and the other party but it can also be with the contractor of the said company and to you. The agreement consists of details necessary for the construction of the house or the building and the details that are given by the management. In addition to that, a construction agreement also highlights the given facts of what is expected from the company and what is also expected of the other party. Basically, the agreement showcases the descriptions of the construction company and what they also offer.
To write an agreement there are things you need to take into consideration. When you want to write a specific agreement, the same thing follows. A lot of details to look forward to in writing that construction agreement. With that being said, take a look at these tips to guide you into writing that construction agreement.
Write the date of when the agreement starts. This is to make sure that during this day, the agreement between or among parties has taken place and the other party has agreed to what is being stated in the agreement. Keep in mind that the date has to be completed, nothing must be abbreviated.
The names and complete details of both the construction party and the owner of the land who wishes to build a home or a building. These details are also important and should be placed in the agreement. You must also double check with the client in case of any issues with the information.
The recitals should be written in a professional manner. This means no half baked recitals on your agreement. The recitals should also have the complete details of the lot that the construction company will be working on, about the construction, and the permit number just to name a few.
The job of the witnesses is to simply view the agreement. Check whether the agreement has any faulty details. It is also to assure that what has been discussed among parties is written in the agreement.
Of course once everything is being settled, the last thing to do is to give your signature. Sign the agreement. Sign the agreement along with the parties present and the witnesses. The more secured the agreement would be.
An agreement between two or more parties who plan on engaging in the services of a construction company. The agreement hereby asks for the services of a construction company to build a house for the party.
To bind the services of the company to their client. In order for the construction to take place, an agreement must be formed. In order for no unnecessary issues to befall on all parties.
Errors and false information. The agreement is a legally binding written document. When you add information to it, double check with your client to see if it is true to their knowledge.
Everyone wants to build their dream home from scratch, and there is nothing wrong with that. Everyone wants help from a good construction company to make their dreams come true. But what everyone may also forget is that you have to form a good agreement with them. To make this work, simply download any of the example templates in this article and edit it to your benefit.