realtyreport
Get It in Writing
Spring is a popular time for home renovations. To help minimize disputes with your contractor and ensure your project goes smoothly, your contract should include the following details:
- The contractor's name, address, phone number and, where applicable, his or her professional license number.
- A description of the work to be done, including who will be doing it, what equipment will be used or installed, and a materials list specifying things like the quantity, grade, brand, size, weight, color and model numbers.
- The total price, and a breakdown of all labor costs and material charges.
- The dates by which the project is to be started and completed, as well as any penalties to be incurred by the contractor should the work not begin or end on time.
- What time the work will start and end each day.
- Who will be responsible for obtaining permits and arranging necessary inspections. In most cases, you'll want this to be the contractor's responsibility.
- How cleanup and debris removal will be handled (e.g., Who will be responsible and when it will be done.).
- What will happen in the event the contractor is unable to finish the job or does any damage to your property in the process, or if the work is deemed unsatisfactory.
- Any warranties covering materials and workmanship, including their length and limitations.
- A cancellation clause giving you time (typically three days) to change your mind after you've signed the contract.
- A payment schedule detailing how and when you must pay for the work, and any circumstances in which you may withhold payment.
