If an overage occurs on new home construction due to a change order, who is responsible for the excess payment?

In the context of new home construction and change orders, when an overage occurs, it is typically the buyer who is responsible for the excess payment. Change orders refer to any alterations or modifications made to the original construction agreement, which can result in additional costs.

When a buyer requests changes to the project, they essentially modify the contractual obligations of the builder or contractor. The builder proceeds with the change relying on the buyer's agreement to pay for any additional costs incurred. Therefore, it is standard practice for the buyer to cover these additional expenses, as they are the ones initiating the changes that lead to the overage.

The seller's obligation usually pertains to delivering the home as per the agreed-upon specifications and terms of the contract. If changes are made post-contract, the buyer becomes accountable for those costs because they expressed a desire for modifications beyond what was originally agreed upon.

The other options do not typically reflect standard practices regarding responsibility for financial overages due to change orders in home construction contracts.