New Home Construction Agreement - Fixed Price

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This New Home Construction Agreement is between a property owner and a contractor who will construct a new home for a fixed price. This agreement sets out the terms of the arrangement including the home's specifications, home warranties and the price and specific payment terms.

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This New Home Construction Agreement (Fixed Price) is between a property owner and a contractor for the construction of a new home at a fixed price. This agreement sets out the specific arrangement between the parties including the home’s specifications, the time it will take to construct the new home and the contractor’s specific warranties. It also sets out the property owner’s detailed payment schedule. It is crucial that this type of agreement be memorialized in writing. A well-written New Home Construction Agreement – Fixed Price will prove invaluable in the event there are disagreements, misunderstandings or litigation regarding the home construction.

This New Home Construction Agreement – Fixed Price contains the following provisions:
  • Date of Agreement/Parties: The effective date of the agreement and the names and addresses of the property owner and contractor;
  • Definitions: Detailed definitions of terms contained within the agreement including commencement date, contract price, substantial completion of home and working day;
  • Construction of Home: Sets out the timeframe (number of months) expected to complete the home;
  • Changes: Sets out that no changes to layout or specifications may be made to the agreement unless mutually agreed to in writing by both parties;
  • Contract Price: The contract price shall be paid in accordance to the detailed terms set out on Schedule C to this agreement;
  • Delays: The term of this agreement shall be extended if delays are caused by owner, public authority or if the delay was unavoidable (such as a fire or union lockout);
  • Legal Compliance/Insurance: The contractor agrees to comply with all applicable laws, rules and regulations and to maintain liability insurance at its own expense;
  • Warranty: The contractor shall set out in detail any specific warranties regarding the new home construction;
  • Agreement Schedules: The layout, details of finishes and detailed payment schedule are set forth in Schedules A, B and C to this agreement.

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This attorney-prepared packet contains:
  1. General Instructions
  2. New Home Construction Agreement (Fixed Price)
State Law Compliance: This form complies with the laws of your state
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages11
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28995
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.

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