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House Flipping Contractor Agreement
"I need a House Flipping Contractor Agreement for a Victorian property renovation in Manchester, with a project value of £250,000 and completion date of March 2025, including specific provisions for preserving historical features and managing listed building requirements."
1. Parties: Identifies and defines the contracting parties - typically the property owner/investor and the contractor
2. Background: Outlines the context of the agreement, including property details and renovation objectives
3. Definitions: Defines key terms used throughout the agreement including relevant legislation and regulatory terms
4. Scope of Works: Detailed description of renovation works to be undertaken including compliance with Building Regulations and planning requirements
5. Payment Terms: Payment schedule, amounts, and conditions for payment including CIS considerations
6. Timeline: Project schedule, completion dates, and milestones
7. Contractor Obligations: Key responsibilities and duties of the contractor including compliance with health and safety regulations
8. Client Obligations: Key responsibilities and duties of the property owner
9. Insurance and Liability: Required insurance coverage and liability provisions as per UK regulations
10. Termination: Conditions and process for contract termination
1. Change Orders: Process for handling scope changes and variations to the original contract
2. Subcontractors: Terms regarding use and management of subcontractors including compliance requirements
3. Materials Supply: Terms regarding material procurement, storage and compliance with building standards
4. Dispute Resolution: Specific dispute resolution procedures under English law
5. Warranties: Specific warranty terms for work completed and statutory guarantees
1. Schedule 1 - Scope of Works: Detailed specifications, drawings and compliance requirements
2. Schedule 2 - Payment Schedule: Detailed payment milestones, amounts and CIS details
3. Schedule 3 - Project Timeline: Detailed project timeline, milestones and completion dates
4. Schedule 4 - Insurance Requirements: Specific insurance coverage requirements as per UK regulations
5. Appendix A - Property Details: Property information, current condition and relevant planning permissions
6. Appendix B - Required Permits: List of necessary permits, approvals and regulatory compliance requirements
7. Appendix C - Health and Safety Requirements: Specific health and safety protocols and regulatory compliance measures
Authors
Applicable Laws
Approved Plans
Building Regulations
Business Day
Change Order
Commencement Date
Completion Date
Construction Documents
Contract Price
Contract Sum
Contractor
Contractor's Equipment
Defects Liability Period
Drawings
Effective Date
Force Majeure Event
Health and Safety Plan
Insurance Requirements
Materials
Method Statement
Milestone Dates
Notice
Owner
Payment Schedule
Permits
Practical Completion
Project
Project Manager
Property
Quality Standards
Renovation Works
Risk Assessment
Schedule of Works
Site
Specifications
Subcontractor
Substantial Completion
Term
Variation
VAT
Works
Working Hours
Scope of Works
Payment Terms
Timeline and Completion
Contractor Obligations
Owner Obligations
Materials and Equipment
Quality Standards
Health and Safety
Insurance
Indemnification
Warranties
Permits and Compliance
Site Access and Security
Change Orders
Variations
Force Majeure
Termination
Default and Remedies
Dispute Resolution
Confidentiality
Assignment and Subcontracting
Notices
VAT and Taxation
Record Keeping
Waste Management
Environmental Compliance
Site Conditions
Progress Reports
Intellectual Property
Limitation of Liability
Entire Agreement
Severability
Governing Law
Jurisdiction
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