Common use of Termination by the Homeowner Clause in Contracts

Termination by the Homeowner. If the Contractor breaches any of their obligations under this Contract, then the Homeowner may give the Contractor written notification identifying such a breach. If the Contractor has not cured such breach within seven (7) calendar days from their receipt of the Homeowner’s written notification or if such a breach cannot be cured within such seven (7) day period, then if the Contractor either does not begin to cure within such seven (7) day calendar period or fails to diligently prosecute cure to completion, the Homeowner may terminate this Contract and take possession of the Work. Alternatively, instead of terminating this Contract, the Homeowner may cure the breach and deduct the cost thereof from the amounts otherwise owed to the Contractor.

Termination by the Homeowner. If the Contractor breaches any of their obligations under this ContractAgreement, then the Homeowner may give the Contractor written notification identifying such a breach. If the Contractor has not cured such breach within seven (7) calendar days from their receipt of the Homeowner’s written notification or if such a breach cannot be cured within such seven (7) day period, then if the Contractor either does not begin to cure within such seven (7) day calendar period or fails to diligently prosecute cure to completion, the Homeowner may terminate this Contract Agreement and take possession of the Work. Alternatively, instead of terminating this ContractAgreement, the Homeowner may cure the breach and deduct the cost thereof from the amounts otherwise owed to the Contractor.