Maryland New Home Construction Contract - Maryland 2026

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  1. Click ‘Get Form’ to open the Maryland New Home Construction Contract in the editor.
  2. Begin by filling in the Contractor's and Owner's names, addresses, and contact information in the designated fields. Ensure accuracy as this information is crucial for legal purposes.
  3. In the Project Description section, clearly outline the scope of work that the Contractor will perform. Specify any unique requirements or features of the new home.
  4. Complete the Contract Price section by entering the total amount agreed upon for construction. Include details about deposits and payment schedules as outlined in your agreement.
  5. Fill out sections regarding scheduled start and completion dates, ensuring they align with your project timeline.
  6. Review all incorporated documents and disclosures carefully to ensure compliance with Maryland laws. This includes understanding lien rights and warranty options.
  7. Once all fields are completed, utilize our platform’s signing feature to securely sign the document electronically along with any other parties involved.

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If you dont want the new construction(regardless of this new listing) ask the builder if you can be released from the contract. Tell them that you no longer want to proceed with this home.
In many instances, contractors request a higher rate than full-time employees because employers are not withholding taxes and providing benefits. As a general rule, expect to pay contractors between 50% to 70% more than what you would pay a permanent employee.
Deposit and Payments A contractor cannot accept more than 1/3 of the contract price as a deposit, and may not accept any payment until the contract is signed.
Each home improvement contract must be in writing and must be legible. Contractors cannot accept a deposit or payment from a homeowner until the contract is signed by each party to the contract. Also, the contract must describe each document that it incorporates, such as an architects drawings or a building permit.
Most down payments fall between 10% and 25% of the project cost. Contractors should never ask for more than 50% up front. Never pay in full before work has begun. Some states limit how much a contractor can charge up front.

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The maximum deposit that your builder or tradesperson can ask you for before they start work is 6.5 per cent of the contract price, but its important to note that there is no limit on deposits when the contract is valued at more than $500,00, and in these circumstances, your HII coverage for loss of deposit is capped

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