New Contrcution Contract.docx

New Contrcution Contract.docx

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NewContrcutionContract

NEWCONSTRUCTIONPURCHASEANDSALEAGREEMENT

OfferDate:

GeorgiaREALTORS®

A.KEYTERMSANDCONDITIONS

2015Printing

1.PurchaseandSale.Thebuyer（s）listedbelow（“Buyer”）agreetobuyandtheseller（s）listedbelow（“Seller”）agreetoselltherealpropertydescribedbelowincludingallfixtures,improvementsandlandscapingtherein（“Property”）onthetermsandconditionssetforthinthisAgreement.

a.PropertyIdentification:

MLSNumber:

TaxI.D.Number:

b.LegalDescriptionofProperty:

Address:

City,County,Georgia,ZipCodeLot:

Block:

Unit:

Phase/Section:

ofSubdivision,asrecordedinPlatBook,Pageofsuchcounty’srecords.UnlessalegaldescriptionofthePropertyisattachedheretoasanexhibit,thelegaldescriptionofthePropertyisthesameasisrecordedinthelandrecordsofthecountyinwhichthePropertyislocated.

2.Survey.AsurveyofPropertyorsubdivisionplat☐isOR☐isnotattachedtothisAgreementasanexhibit.

3.CommunityAssociation.TheProperty☐isOR☐isnotapartofamandatorymembershipcommunityassociation（s）.

4.PurchasePriceofPropertytobePaidbyBuyer.

$

5.Seller’sMonetaryContributionatClosing.

$

6.ClosingandPossession.

a.ClosingDate:

b.PossessiononClosingDateunlessstipulatedotherwise.

7.ClosingLawFirm.

8.HolderofEarnestMoney（“Holder”）.

9.EarnestMoney.EarnestMoneyshallbepaidby☐check☐cashor☐wiretransferofimmediatelyavailablefundsasfollows:

☐a.$asoftheOfferDate.

☐b.$withindaysfromtheBindingAgreementDate.

10.ConstructionDeposit.BuyerhaspaidSelleraconstructiondepositof$.

11.DecorativeSelections.DecorativeSelectionsmustbemadebyBuyerbythefollowingdate:

.

12.HomeWarranty.SellershallprovideBuyerwith:

☐noconstructionwarranty;☐thewarrantyattachedasanexhibittothisAgreement;OR☐thewarrantydescribedinHomeWarrantyparagraphofthisAgreement.

13.DisputeResolution.Arbitrationcompanytoresolvedisputes:

.

14.Disclosures.

a.Buyer☐hasOR☐hasnotreceivedacopyoftheGARbrochureentitled“ProtectYourselfWhenBuyingaHome”.

b.Buyer☐hasOR☐hasnotreceivedacopyoftheGARbrochureentitled“ProtectYourselfWhenBuyingaHometobeConstructed”.

c.InsulationDisclosure:

Insulationhasbeeninstalled（orwillbeinstalledpriortoclosing）inaccordancewiththetermsofthisparagraph.

（1）Exteriorwallsareinsulatedwithinsulationtoathicknessofincheswhichwill,accordingtothemanufacturer,yieldanR-valueof;

（2）Ceilingsbelowatticareasareinsulatedwithinsulationtoathicknessofincheswhichwill,accordingtothemanufacturer,yieldanR-valueof;

（3）Vaultedceilingsareinsulatedwithinsulationtoathicknessofincheswhichwill,accordingtothemanufacturer,yieldanR-valueof;

（4）Flooroverhangsareinsulatedwithinsulationtoathicknessofincheswhichwill,accordingtothemanufacturer,yieldanR-valueof.

d.WaterSourceDisclosure:

SellerwarrantsthatthemaindwellingonthePropertyisservedby:

☐PrivateWaterSystem☐PublicWater☐Well

e.DisposalSystem:

SellerwarrantsthatthemaindwellingonthePropertyisorwillbytheclosingservedby:

☐PublicSewer☐SepticSystemDesignedtoServeaDwellingwithbedrooms,or☐PrivateCommunitySewerSystem

f.OtherUtilities:

SellerwarrantsthatthemaindwellingonthePropertyisorwillbytheClosingbeservedbyotherutilitiesasfollows:

☐Electric;☐Gas;☐CableTelevision;☐Telephone;☐Other

g.RequiredAgriculturalDisclosure:

TheProperty☐isOR☐isnotwithin,partiallywithin,oradjacenttoanypropertyzonedoridentifiedonanapprovedcountylanduseplanasagriculturalorforestryuse.IfthePropertyiswithin,partiallywithinoradjacentto

anypropertyzonedoridentifiedonanapprovedcountylanduseplanorforestryuse,thefollowingdisclosureismade.Itisthe

policyofthisstateandthiscommunitytoconserve,protect,andencouragethedevelopmentandimprovementoffarmandforestlandfortheproductionoffood,fiber,andotherproducts,andalsoforitsnaturalandenvironmentalvalue.Thisnoticeistoinformprospectivepropertyownersorotherpersonsorentitiesleasingoracquiringaninterestinrealpropertythatthepropertyinwhichtheyareabouttoacquireaninterestlieswithin,partiallywithin,oradjacenttoanareazoned,used,oridentifiedforfarmandforestactivitiesandthatfarmandforestactivitiesoccurinthearea.Suchfarmandforestactivitiesmayincludeintensiveoperationsthatcausediscomfortandinconveniencesthatinvolve,butarenotlimitedto,noises,odors,fumes,dust,smoke,insects,operationsofmachineryduringany24hourperiod,storageanddisposalofmanure,andtheapplicationbysprayi