Where would you expect to find changes when comparing the Family Residential Contract 20-14 with contracts for new construction?

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When comparing the Family Residential Contract 20-14 with contracts for new construction, you would expect to see changes primarily in the property conditions section. This is because contracts for new construction typically address unique considerations related to the condition and specifications of the property that differ from those of existing homes. In new construction contracts, specific clauses may address the construction process, materials used, warranties, and inspections that are particularly relevant to a newly built property versus a previously owned one.

The property condition can vary significantly, as new construction may include just-completed work along with builders' guarantees, representing a different focus compared to existing properties, where conditions might vary widely depending on wear and tear, maintenance history, and other factors. Therefore, changes in this section are essential for accurately reflecting the nature of the property being sold and the responsibilities of the parties involved.

This aspect is crucial for buyers and sellers to understand their rights and obligations in relation to the property's condition, leading to more informed decision-making during the transaction process.

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