Renovation and finishing contract template (US)

Home Renovation Contract

This Home Renovation Contract is made on Contract Date between Contractor Name, a Contractor Entity Type and State, at Contractor Address, contractor license no. Contractor License Number ("Contractor"), and Owner Name, at Owner Address ("Owner").

1. Property and Work

Contractor will perform the following work at Property Address: Scope of Work, as shown in these plans and specifications: Plans and Specifications or None.

2. Materials

Contractor will supply all labor and materials except: Owner-Supplied Materials or None. Materials will be new and of the following grade or brand: Material Grade or Brands. Owner will make allowance selections by Selection Deadline; allowances are Allowance Amounts, and Owner pays any amount over them.

3. Price and Payment

The contract price is $Contract Price, payable as follows:

| Stage | Amount |

| --- | --- |

| Deposit on signing | $Deposit Amount |

| First Payment Stage | $First Stage Amount |

| Second Payment Stage | $Second Stage Amount |

| Final payment on completion and final inspection | $Final Payment Amount |

The deposit will not exceed any limit set by state law. Contractor will give Owner lien waivers from itself and its subcontractors and suppliers with each payment.

4. Schedule

Work will start on about Start Date and be substantially complete by about Completion Date. The schedule extends for Owner's changes, permit or inspection delays, weather and other causes beyond Contractor's control. If Contractor is late for reasons within its control, it will credit Owner $Daily Delay Credit for each day of delay, up to $Maximum Delay Credit.

5. Permits and Codes

Contractor will obtain all required permits and inspections and perform the work to applicable building codes. Permit fees are Included in Price or Paid by Owner.

6. Change Orders

Any change to the work, price or schedule must be in a written change order signed by both parties before the changed work starts.

7. Site

Contractor will keep the site reasonably clean, remove debris, and protect Owner's property. Work hours are Work Hours. For homes built before 1978, Contractor will follow the EPA Renovation, Repair and Painting Rule.

8. Insurance

Contractor will carry general liability insurance of at least $Liability Insurance Amount and workers' compensation as the law requires, and provide certificates before starting.

9. Warranty

Contractor warrants its workmanship for Workmanship Warranty Period after completion and will pass on all manufacturer warranties. This does not cover damage from misuse, neglect or normal wear.

10. Completion and Handover

When the work is done, the parties will walk through the property and list any remaining items, which Contractor will complete within Punch List Days days. Owner will make the final payment when the list is complete and the final inspection is passed.

11. Termination

Either party may end this Contract for a material breach not cured within Cure Days days after written notice. Owner will pay for work properly performed up to termination.

12. Required Notices

State law may require notices to be attached to this Contract, such as a mechanics' lien notice and, for contracts signed at Owner's home, a notice of Owner's right to cancel within three business days. They are attached as: Attached State Notices.

General Terms

Governing law. This Contract is governed by the laws of the State of Governing State, without regard to its conflict of laws rules. Any lawsuit will be brought in the state or federal courts located in Venue County and State.

Entire agreement. This Contract is the parties' complete agreement on its subject and replaces all earlier discussions. It may be changed only in a writing signed by both parties.

Severability. If a court finds any part of this Contract unenforceable, that part will be enforced to the extent the law allows, and the rest stays in effect.

Assignment. Neither party may assign this Contract without the other's written consent, except to a successor to its whole business.

Notices. Notices must be in writing and sent to the addresses above by personal delivery, certified mail or a nationally recognized courier.

Counterparts and e-signatures. This Contract may be signed in counterparts and by electronic signature, which has the same effect as an original.

| Contractor | Owner |

| --- | --- |

| Signature: Contractor Signature | Signature: Owner Signature |

| Name: Contractor Printed Name | Name: Owner Printed Name |

| Date: Contractor Signing Date | Date: Owner Signing Date |