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Remodeling: 15 Things That Your Contractors' Contract Should Contain

By
Real Estate Agent with Ryan Vaught Real Estate

Thursday, April 16 

Part 2 of: Successfully selecting a contractor for home remodels. If you didn't get a chance to read part 1, "8 Ingredients to Successfully Selecting A Contractor for Home Remodels", then check this past Monday's blog.

Before You sign the contract with any contractor that you are going to have work on your home, read this list below to make sure that the contract contains some very important points.

Make sure the contract contains:

1. Who will do the work?

2. When will the work be completed?

3. A detailed list of specific materials to be used.

4. The appliances and/or fixtures to be supplied

5. The dates for beginning and completing the job.

6. Monetary penalties for non-completion of project on time.

7. A provision for the clean-up of the premises.

8. Don't sign a contract that reads "work as per agreement".

9. Specify that contractor will obtain all necessary licenses and permits.

10. Specify contractor will meet all zoning regulations and building codes.

11. Be sure contractor will indemnify you in case of not meeting all regulations.

12. Be sure that the contract states that the contractor is responsible for any damages to

your property.

13. If contractor guarantees the work, be sure it specifically states what is guaranteed and for

how long.

14. Contract should state when payment is due. Never pay full price in advance; link payments

to certain stages of completion of the entire job.

15. Final payment and the signing of any completion certificate should only take place when

the work is completed to your satisfaction.

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