Module Design Reservation Agreement
1. Effective Date
Your Reservation becomes effective when (1) agreement has been signed, (2) Company receives Client’s Required Payment, and (3) Company has accepted Client’s Reservation.
2. Order Process
While this Reservation secures Client’s contact priority, it does not constitute the purchase or order of construction documents or a housing unit. In 2018 we will select a limited number of projects to enter into a formal design contract. When ready, Company will contact those individuals, and, if Client decides to move forward with the Design Contract, their Reservation Fee will be put towards formal design costs. Until Client enters into a formal Design Contract, Client may cancel reservation at any time within one calendar year of signing this document. To cancel Reservation, Client must complete a Refund Request Form in which case Client will receive a full refund of Required Payment within 30 Days of submission in the form of the original payment made.
3. Acknowledgements; Non-Transferable
Company will not pay any interest on Client’s Required Payment. Client’s Reservation is not transferable or assignable to another party without the prior written approval of both parties.
This Module Design Reservation Agreement reflects the complete understanding between the Company and the Client. It cannot be amended except in writing signed by both parties. It will be governed by Pennsylvania law, and executed on the date that the order is received.