Real Estate Agreements

1. Explore Our Real Estate and Construction Contract Templates agreements.org/real-estate-construction-agreements January 31, 2020 A real estate contract with a developer is the first step towards constructing a property. Whether it is for commercial use or your dream house, a detailed agreement outlines the terms of engagement between you and the developer. As a developer, a contract can lay out a plan of action. It is a great way to communicate with the how you want to construct or improve your property. If you are a developer, a construction contract specifies the requirements and your obligations towards fulfilling them. It also lays out a timeline until completion A real estate construction contract is dynamic. Apart from the price, description of the work, and timeline, you may want to insure yourself against changes in the cost. Whether you’re working on a cost-plus model, or on a fixed model, you need to detail the scope of your responsibility. Unlike in any other form of agreement, there are multiple parties involved in any development process. For a point of discussion, however, there exists a tripartite relationship between the owner, contractor, and construction manager. Outlining your duties while ensuring you don’t lose out on your rights with the other party can be a challenging task. Drafting a real estate contract requires an agreement between all the parties involved. Arriving at a consensus among three parties with diverse vested interests can be troubling. It is a fact that a contract does not guarantee performance. However, a well- written contract can increase your chances of winning the litigation or shifting the allocated risk to the other party. You could always go to a lawyer for advice on whether to sue or not, but with us, you don’t need to write up a document that outlines those responsibilities How Comprehensive and Reliable Are Our Services? Our team of experts have created binding contractual obligations in a template between the stakeholders in a real estate agreement. All you have to do is decide what work you want to outsource to the contractors. We have an exhaustive list of agreement templates that deal with construction and design. If you want to delegate management and receivables as well, we have templates that can act as a base for tweaking and fine- tuning the contracts. IRUs, though an extreme step, can help in binding contractual obligations between the parties. Our templates meet any requirements you could envisage. 1/2

2. Our template bundles assist you in understanding what responsibilities you can allocate, what risks you can shoulder, and what rights you can retain. You can use our templates in their raw form, or improve upon them to suit your needs. Either way, our set of agreement templates is the one-stop destination for all your construction contract needs. 2/2