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NEW YORK CONSTRUCTION CONTRACT AS PER NEED
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You Need New York Contracts |
 •New York
General Business Law § 756-a supplies contract terms -- payment dates, validity
of invoices, grounds for disapproval of an invoice, grounds for stopping work --
if those subjects are not covered in your written agreement. |
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• New York General Business Law § 757 voids certain clauses on payment terms and
choice of law in both construction contracts and construction subcontracts. |
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• New York General Obligations Law § 5-322.2 requires specific disclosures in both construction contracts and construction subcontracts |
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• New York General Business Law Article 36-A requires specific disclosures in home
improvement contracts, home repair contracts, contracts for construction of custom
homes and contracts for improvement or repair of leased residences. For technical
violations, the penalty is $100. For substantial violations, the penalty is the
greater of $250 or 5% of the contract price up to $2,500. |
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