Protect Your Business with Updated Contracts from NAHB
To help residential construction business owners protect their organizations, NAHB offers 27 contracts written specifically for home builders and remodelers that cover a wide range of construction industry activities.
NAHB Contracts has long been a go-to resource for home builders looking to save time and money in the development of their critical contracts. Now is the perfect time to explore NAHB Contracts because many were recently updated to reflect key changes in the market.
Nearly all the contracts have been significantly modified to expressly address the potential impacts from pandemics and epidemics. New language also gives contract parties the flexibility to amend the time for performance due to labor and material shortages.
Another notable update includes a substantially revised “New Home Plans & Specifications” document with almost 40 categories that allow for more detail such as listing the products to be used by brand and model, special installation requirements, finishes, sizes, dimensions, and more.
NAHB Contracts are divided into five broad categories covering most legal agreements in residential construction:
- Construction Contracts
- Sales Contracts — Completed Dwellings
- Contract Exhibits — Additional Terms (which include contracts for change orders)
- Remodeling Contracts
- Subcontracts
Check out NAHB Contracts today to get updated legal documents that will protect your business and help you get back to building and remodeling homes. NAHB members received discounted pricing on the contracts.
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Focus on Jobsite Plans During National Safety MonthJoin NAHB and its official safety sponsor, Builders Mutual, in recognizing June as National Safety Month, an annual observance to promote hazard awareness in residential construction and to help keep workers safe.
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Builders Call Attention to ‘Silver Tsunami’ Supply Constraints During Homeownership MonthAs the residential construction industry celebrates National Homeownership Month in June, a recent NAHB analysis found that fewer older home owners are choosing to transition out of their homes or downsize, a trend known as the “silver tsunami.” This shift is limiting the expected wave of housing stock released, affecting the availability of homes for new buyers. A majority (79%) of the members of the Boomer and Silent generation, U.S. adults 65 years or older, are home owners and currently own more than a third (34%) of owner-occupied housing units in the U.S.
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