Building Contract Memorandum Of Agreement And Conditions Of Contract printable pdf download

Building Contract Memorandum Of Agreement And Conditions Of Contract

BUILDING CONTRACT

MEMORANDUM OF AGREEMENT AND CONDITIONS OF CONTRACT

MADE and entered into by and between:

(hereinafter referred to as the OWNER);

and

(hereinafter referred to as the BUILDER)

WHEREAS the OWNER is desirous of having a home constructed on:-

(hereinafter referred to as the PROPERTY)

DEFINITIONS

1.1

The

"CONTRACT

SUM"

shall

mean

the

amount

R______________________ (inclusive of VAT and the NHBRC levy)

payable to the BUILDER for the construction of the home.

1.2

The

"ANTICIPATED

OCCUPATION

DATE"

shall

mean

_______________________

1.3

The "COMPLETION DATE" shall mean the date on which the home has

been completed for occupation and the OWNER has been handed the

keys of the home or has been given written notice that the home has

been completed (whichever is the earlier).

1.4

The "BUILDER'S ADDRESS" shall mean

________________________________________________________________

1.5

The "OWNER'S ADDRESS" shall mean

________________________________________________________________

Building Contract Memorandum Of Agreement And Conditions Of Contract