Top Ten Clauses to Have in Your Contract-The Contractor
As a post for starting off the new year, I have been thinking about the most important clauses to have in home contractor contracts. So, in an attempt to add to the top ten lists that are generated at this time of year, here is my list for contractors: 1. ALL CHANGE ORDERS MUST BE IN WRITING AND INITIALED BY BOTH THE HOMEOWNER AND THE CONTRACTOR! Should I say it again? 2. The contract should clearly spell out the price for the job along with a clear cut payment schedule. 3. The contractor should list reasonable start dates and end dates for the project with exceptions for delays caused by unforseen circumstances or homeowner delay. 4. The contractor should include a provision that will allow him or her to collect attorney's fees if he has to pursue payment from the homeowner. 5. There should be a complete description of the scope of the work and the materials to be used. 6. The contractor should ask the homeowner to designate who the decision makers are and make that person...