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Agreement for construction of common stairway
Agreement for construction of common stairway
When there is a property which is used by more than just one person there always comes a question of sharing of expenses and sharing of the costs for construction of things which are used by all the parties sharing the property. One such scenario is when a common stairway is to be constructed.
As per the Agreement for construction of common stairway the agreement is made, signed as well as dated by all the parties in question who own the property. It is states that a common stairway is to be constructed and the details of where the stairway is to be constructed is also mentioned.
It also states that the hall and stairway jointly will be used by the parties and that a middle wall with a stone foundation will need to be built and on this a wall which is two stories high for 80 feet as well as one story high for 20 feet is to be constructed and this would be built on half of each person’s ground. This would be owned by both the parties in question and one of the parties would pay half of the cost of the roofing over the hall as well as doors to be put at the openings and / or partition walls. After it is completed, the stairway as well as the hall is to be maintained and repaired in such a way that both parties pay an equal sum towards both the maintenance as well as repairs.
Where to download Agreement for construction of common stairway Template?
Sample Template Preview
Agreement for construction of common stairway.
A agrees to construct a stairway on the south side of [his or her] lot, on the west side of the public square in the city of _________ and county of _________[name of state], at least _________ inches in the clear, with the hall on the second floor running to the rear end of the building, with a door in the rear end of the hall.
B, for the use of the hall and stairway jointly with A, agrees to build a middle wall of good stone foundation and _________ inch brick wall two stories high for 80 feet and 20 feet one story high; this wall is to be built half on each party’s ground, and to be owned jointly by the parties, and B agrees to pay half of the cost of a tin roof over the hall, and to put good iron doors on each opening that [he or she] may make in the partition walls. At the completion of the stairway and hall, each party shall pay half the expenses of keeping the stairway and hall in repair.
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