Property Changes Document

Property Changes Document

This Property Changes Document (the "Agreement") is entered into as of by and between Property Owner: and Contractor/Agent: (each a "Party" and collectively the "Parties").

RECITALS

WHEREAS, Owner is the legal owner of the real property located at: (the "Property");

WHEREAS, Owner desires to make certain alterations, repairs, improvements or other changes to the Property as set forth in this Agreement; and

WHEREAS, Contractor is qualified and agrees to perform the Property changes in accordance with the terms, specifications, and conditions set forth below.

SCOPE OF WORK

Contractor shall perform the work described below and in any attachments listed in Change Items. Work shall be performed in a professional and workmanlike manner, consistent with industry standards, and in compliance with all applicable codes and permits.

CHANGE ITEMS

The Parties acknowledge the following itemized changes, which shall be incorporated into the Scope of Work. Additional change orders must be executed in writing by both Parties and will modify the schedule and compensation as required.

PAYMENT TERMS

Owner shall pay Contractor the total amount agreed for the Work. Payment obligations are subject to the conditions below.

Invoices not paid within the agreed payment period shall accrue the late payment fee specified above, and Contractor may suspend work after providing seven (7) days' written notice of suspension for nonpayment. Owner remains responsible for costs incurred and reasonable collection expenses.

TERM AND TERMINATION

Either Party may terminate this Agreement for material breach that remains uncured for the notice period specified above. Termination shall not relieve Owner of the obligation to pay for work completed and materials ordered prior to termination. Upon termination, Contractor shall submit a final invoice and reasonably cooperate with Owner for orderly transition.

CONFIDENTIALITY

Each Party shall treat as confidential all non-public information disclosed in connection with this Agreement and shall not disclose such information to third parties except to employees, subcontractors, or professional advisors who have a need to know and who are bound by confidentiality obligations no less restrictive than those set forth herein. Confidential information does not include information that is public through no fault of the receiving Party, known prior to disclosure, or rightfully obtained from a third party.

Breach of confidentiality may result in injunctive relief in addition to other remedies at law or equity.

NOTICES

All notices required or permitted under this Agreement shall be in writing and delivered to the addresses below by personal delivery, certified mail, or other commercially reasonable method.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the state of without regard to its conflicts of law principles.

ENTIRE AGREEMENT

This Agreement, together with any attachments, change orders, and exhibits executed by the Parties, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations and discussions, whether oral or written. Any amendment or modification must be in writing and signed by both Parties.

If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall continue in full force and effect. The Parties acknowledge that they have had the opportunity to consult legal counsel and that this Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns.

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