Renovation Acknowledgement Form

RENOVATION ACKNOWLEDGEMENT FORM

RECITALS

WHEREAS, Owner Name: is the legal owner or authorized agent of the real property located at Property Address: (the "Property");

WHEREAS, Contractor Name: has been engaged to perform renovation and related services described herein (the "Work") pursuant to the terms set forth in this Renovation Acknowledgement Form;

WHEREAS, the parties desire to set forth the scope, payment terms, responsibilities, and acknowledgements associated with the Work and to document Owner's acknowledgement of certain risks, access rights, and permit responsibilities.

SCOPE OF WORK

The Scope of Work includes all labor, materials, equipment, and supervision necessary to complete the Work as described above. Any deviation from the Scope of Work shall be performed only pursuant to a written change order signed by both parties in accordance with the Change Order provision below.

PERMITS, APPROVALS AND ACCESS

Permits required for the Work will be obtained and maintained by: Contractor Owner

Owner grants Contractor reasonable access to the Property to perform the Work during normal working hours and such other times as agreed in writing. Work hours and any restrictions:

PAYMENT TERMS

Any unpaid amount not received within days after the due date shall incur a late fee of per month, compounded monthly, or the maximum permitted by law, whichever is less.

TERM AND TERMINATION

Commencement Date: . Estimated Completion Date: .

This Agreement may be terminated by either party for material breach if the breaching party fails to cure within days after written notice. Owner may terminate for convenience upon days' prior written notice; Contractor shall be entitled to payment for work performed and reasonable demobilization costs.

CONFIDENTIALITY

Each party shall maintain as confidential and shall not disclose to third parties any proprietary information, trade secrets, or any non-public technical or business information disclosed by the other party in connection with the Work, except as required by law or to perform the Work. Confidential information does not include information that is or becomes publicly available through no fault of the receiving party.

INSURANCE, INDEMNITY, AND LIENS

Contractor shall maintain at its expense commercial general liability insurance and workers' compensation as required by law and shall provide proof of insurance upon Owner's request. Contractor shall indemnify, defend and hold Owner harmless from liabilities, claims, damages, and expenses arising out of Contractor's negligence or willful misconduct in performing the Work. Contractor shall not permit mechanic's or construction liens to attach to the Property; Contractor shall promptly discharge any liens arising from Contractor's operations.

CHANGE ORDERS AND DELAYS

All changes to the Scope of Work, contract price, or schedule shall be documented in a written change order signed by both parties. Contractor shall notify Owner promptly of conditions that may cause delay, and the parties shall agree in writing to an equitable adjustment to the schedule and price for unforeseen conditions or force majeure events.

FINAL INSPECTION, ACCEPTANCE, WARRANTY

Upon substantial completion, Contractor will notify Owner to conduct a final inspection. Owner will prepare a punch list of items to be corrected. Final payment will be due following completion of the punch list and Owner's written acceptance, except for retained amounts as set forth in the Payment Schedule. Contractor warrants that the Work will be free from defects in workmanship for a period of from substantial completion, subject to normal wear and owner maintenance.

GOVERNING LAW; DISPUTE RESOLUTION

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to conflict of laws principles. The parties shall first attempt to resolve disputes in good faith; if unresolved, disputes shall be resolved by binding arbitration or in a court of competent jurisdiction as selected by the parties in writing.

ENTIRE AGREEMENT

This Renovation Acknowledgement Form, together with any attached exhibits and executed change orders, constitutes the entire agreement between Owner and Contractor with respect to the Work and supersedes all prior negotiations, representations, and agreements, whether written or oral. No modification shall be effective unless in writing and signed by both parties.

ACKNOWLEDGEMENTS

Owner acknowledges that renovation activities may create noise, dust, and temporary inconvenience. Owner confirms that all personal property that may be affected by the Work has been protected or removed. Owner initial here to acknowledge:

Hazardous materials: Known hazardous materials are present at the Property No known hazardous materials

NOTICES

Sign Now