RESIDENTIAL RENOVATION AND CONSTRUCTION SERVICES AGREEMENT

This Residential Renovation and Construction Services Agreement (the 'Agreement') is made and entered into as of [Date], by and between:

[Homeowner Name(s)], residing at [Homeowner Address] (hereinafter referred to as the 'Owner'),

AND

[Contractor Company Name], a [State of Incorporation] corporation, with its principal place of business at [Contractor Address], and [Contractor License Number] (hereinafter referred to as the 'Contractor').

ARTICLE 1. DEFINITIONS

1.1. Project: The complete renovation and construction work described in Exhibit A (Scope of Work).
1.2. Premises: The residential property located at [Property Address] owned by the Owner.
1.3. Contract Price: The total amount payable by the Owner to the Contractor for the Project, as specified in Article 4.
1.4. Change Order: A written amendment to this Agreement mutually agreed upon by both parties, altering the scope of work, timeline, or cost.

ARTICLE 2. SCOPE OF WORK

2.1. The Contractor shall perform the renovation and construction services for the Owner at the Premises, generally described as [Brief Project Description, e.g., 'a full kitchen and master bathroom remodel, including structural modifications, plumbing, electrical, and finish work'].
2.2. The detailed scope of work, including specifications, materials, and allowances, is set forth in Exhibit A, attached hereto and incorporated by reference. Any work not explicitly listed in Exhibit A shall be considered outside the scope unless agreed upon via a Change Order.
2.3. The Contractor shall obtain all necessary permits and licenses required by [Relevant Municipality/County/State] for the execution of the Project. The cost of such permits is included in the Contract Price unless otherwise specified in Exhibit A.

ARTICLE 3. PROJECT SCHEDULE

3.1. Commencement Date: The Project shall commence on or before [Start Date].
3.2. Completion Date: The Contractor shall diligently pursue the completion of the Project and shall substantially complete the work on or before [Completion Date], subject to excusable delays as defined in Article 7.
3.3. Key Milestones: Critical project milestones are outlined in Exhibit B (Project Schedule), attached hereto and incorporated by reference.

ARTICLE 4. CONTRACT PRICE AND PAYMENT TERMS

4.1. Contract Price: The total Contract Price for the Project shall be [Amount in Words] ([Amount in Numbers] USD).
4.2. Payment Schedule: The Owner shall pay the Contractor according to the following schedule:
    4.2.1. Initial Deposit: [Percentage]% ([Amount]) due upon signing of this Agreement.
    4.2.2. Progress Payment 1: [Percentage]% ([Amount]) due upon completion of [Milestone 1, e.g., 'Rough Framing and Plumbing Inspection Approval'].
    4.2.3. Progress Payment 2: [Percentage]% ([Amount]) due upon completion of [Milestone 2, e.g., 'Drywall Installation'].
    4.2.4. Final Payment: The remaining [Percentage]% ([Amount]) due upon substantial completion of the Project, final inspection approval, and Owner's acceptance, less any agreed-upon punch list holdback.
4.3. Invoices: All invoices shall be submitted by the Contractor to the Owner electronically or via mail to [Owner Email/Address] and shall be paid within [Number] days of receipt.
4.4. Lien Waivers: The Contractor shall provide partial lien waivers from itself and its subcontractors/suppliers with each progress payment, and a final unconditional lien waiver upon receipt of the final payment.

ARTICLE 5. WARRANTIES AND GUARANTEES

5.1. Workmanship Warranty: The Contractor warrants that all work performed shall be free from defects in materials and workmanship for a period of [Number] year(s) from the date of substantial completion.
5.2. Material Warranties: The Contractor shall assign to the Owner any manufacturer's warranties for materials and equipment installed as part of the Project.

ARTICLE 6. INSURANCE AND INDEMNIFICATION

6.1. Contractor's Insurance: The Contractor shall maintain, at its own expense, comprehensive general liability insurance with limits of not less than [Amount] per occurrence and [Amount] in the aggregate, workers' compensation insurance as required by law, and builder's risk insurance covering the value of the Project.
6.2. Indemnification: The Contractor shall indemnify and hold harmless the Owner from and against any and all claims, damages, losses, and expenses arising out of the performance of the Contractor's work, except for those caused by the sole negligence or willful misconduct of the Owner.

ARTICLE 7. CHANGES TO WORK AND DELAYS

7.1. Change Orders: Any changes to the scope of work, timeline, or cost must be documented in a written Change Order, signed by both the Owner and the Contractor.
7.2. Excusable Delays: The Completion Date shall be extended for an equivalent period if the Project is delayed due to acts of God, unforeseen site conditions, material shortages, governmental actions, Owner-requested changes, or other events beyond the Contractor's reasonable control.

ARTICLE 8. DISPUTE RESOLUTION

8.1. Mediation: Any dispute or claim arising out of or relating to this Agreement, or the breach thereof, shall first be submitted to non-binding mediation in [County, State], with a mutually agreed-upon mediator.

ARTICLE 9. TERMINATION

9.1. Termination for Cause: Either party may terminate this Agreement for material breach by the other party, provided [Number] days' written notice of the breach is given and the breaching party fails to cure the breach within that period.
9.2. Termination for Convenience: Owner may terminate this Agreement for convenience upon [Number] days' written notice to the Contractor, subject to payment for work completed and reasonable demobilization costs.

ARTICLE 10. GOVERNING LAW

10.1. This Agreement shall be governed by and construed in accordance with the laws of the State of [State].

ARTICLE 11. ENTIRE AGREEMENT

11.1. This Agreement, including all attached Exhibits, constitutes the entire agreement between the Owner and the Contractor and supersedes all prior discussions, negotiations, and agreements, whether written or oral.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

OWNER:

____
[Homeowner Name 1]

____
[Homeowner Name 2 (if applicable)]

CONTRACTOR:

[Contractor Company Name]

By: ___
Name: [Authorized Signatory Name]
Title: [Authorized Signatory Title]