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Three Types of Real Estate Construction Contracts. There are many different types of Real Estate Construction Contracts. Understanding them is essential if you're an individual owner or developer or contractor. Below are three of the most frequently used forms of contracts, and what they refer to. A well-drafted contract will avoid the need for delays and expensive disputes. The most common type of contract is designed for an upcoming construction project. This kind of contract is fundamentally for the seller as he has control over the title and the construction for the construction.