TAB Residential Contracts Package is a Vital Cog for Builder Members
TAB Texas Residential Construction Contracts Package
There is a new TAB Texas Residential Construction Contracts package that will be available to purchase after September 1, 2021. Available only to builder members, the TAB contracts package subscription is your blueprint for typical construction and remodeling transactions, and can save you thousands of dollars in legal fees. A $399.99 (+ tax) two-year subscription includes eight residential construction and remodeling contracts, as well as dozens of related addenda and associated agreements. This new package will significantly modify the following areas:
Disclosure provisions
Materials Escalation Clause
Termination by Builder Procedures
Arbitration Provisions
Insurance Requirements
Definition of Construction Costs
Builders must purchase on or after Sept. 1, 2021 to get the new contracts package. This is a completely separate transaction for a new set of contracts. If a builder member buys contracts prior to that date they will have purchased the 2019-2021 contracts package, which expires on Aug. 31, 2021. The new contract package must be purchased on or after September 1, 2021.