Real Estate Demolition Document

REAL ESTATE DEMOLITION AGREEMENT

Parties

Property Identification

Recitals and Effective Date

This Real Estate Demolition Agreement (the Agreement) is entered into by and between Owner and Contractor identified above. The effective date of this Agreement is . Owner owns the Property identified above and desires to have the improvements demolished. Contractor is duly licensed and agrees to perform demolition work on the terms set forth herein.

Scope of Work

Contractor shall perform all demolition, disconnection, removal, and hauling operations necessary to remove structures, foundations, and ancillary improvements described above in accordance with applicable codes, permits, and industry standards. Contractor shall secure and maintain all required permits. Permit number(s):

Utilities, Disconnects, and Protection

Owner is responsible for arranging and paying for utility disconnection unless otherwise agreed in writing. Contractor shall obtain verification of disconnection and shall take reasonable precautions to protect adjacent property, utilities, and remaining structures.

Utility disconnect responsibility:

Environmental Conditions & Hazardous Materials

Owner represents to the best of Owner's knowledge whether the improvements contain the following hazards. For each item indicate the known status by selecting the applicable checkbox.

Asbestos present? Yes No

Lead-based paint present? Yes No

Underground storage tanks or contaminated soils? Yes No

If hazardous materials are discovered during performance, Contractor shall stop work in the affected area, notify Owner, and implement interim controls. Contractor shall not proceed until written instructions are provided by Owner or until abatement by a qualified remediation contractor has been completed as required by law.

Salvage, Debris Removal, and Site Restoration

Title to any salvaged materials shall be retained by . Contractor shall remove demolition debris and legally dispose of all waste. Final site restoration, grading, and temporary erosion control shall be performed as described in the Scope of Work.

Schedule

Demolition Start Date: ; Estimated Completion Date: .

Normal working hours: . Contractor shall minimize disturbance to neighbors and comply with any local noise ordinances.

Payment Terms

Total Contract Price: $. Payment shall be made in accordance with the schedule below.

Retainage (if any): $. Contractor shall submit invoices that itemize work performed, and Owner shall pay undisputed amounts within the time required by applicable law.

Change Orders, Delays & Force Majeure

Any changes to the Scope of Work, price, or schedule shall be performed only pursuant to a written change order signed by Owner and Contractor. Contractor shall not be responsible for delays caused by events beyond Contractor's reasonable control, including but not limited to acts of God, governmental actions, utility delays, or recognized labor disputes. Time extensions shall be granted for excusable delays. Claims for additional compensation must be supported by documentation.

Insurance, Bonds and Compliance

Contractor shall maintain, at Contractor's expense, commercial general liability insurance with limits not less than $ per occurrence and shall maintain workers' compensation insurance as required by law.

Performance/Payment Bond required? Yes No

Indemnity, Liability and Warranties

Contractor shall indemnify, defend and hold harmless Owner and Owner's agents, employees and insurers from and against all claims, damages, losses and expenses, including reasonable attorneys' fees, arising out of or resulting from performance of the work, provided such claim is caused by the negligent acts or omissions of Contractor, subcontractors, or anyone directly or indirectly employed by them. Owner shall indemnify Contractor against claims arising from hazardous conditions known to Owner and not disclosed in writing to Contractor prior to contract execution.

Contractor warrants that work performed under this Agreement shall be performed in a workmanlike manner and in compliance with applicable law for a period of following completion. This warranty does not cover latent environmental conditions or damage caused by others.

Default, Remedies and Termination

If either party materially breaches this Agreement, the non-breaching party may provide written notice of default. If the default is not cured within days after notice, the non-breaching party may terminate this Agreement and pursue available remedies at law or equity, including recovery of costs and damages. Owner may withhold payments for defective or nonconforming work.

Liquidated damages per day for delayed completion (if agreed): $.

Governing Law; Entire Agreement

This Agreement shall be governed by and construed in accordance with the laws of the state in which the Property is located. This Agreement, including any exhibits and written change orders, constitutes the entire agreement between the parties and supersedes all prior negotiations, representations, and agreements, whether written or oral.

Notices

Acknowledgment

Each party represents and warrants that the person signing below is authorized to bind the party to the terms of this Agreement and that the party has read, understands, and accepts the obligations set forth herein.

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