What Should Be In My Remodeling Contract?
When entering into a remodeling contact, you should be thorough and clear with your contractor. It is important that you get on the same page before the project begins. Otherwise, it could create a hassle for you over the life of the project. Your contract should clearly spell out the arrangement in which both parties are entering. What are some things that should be in your signed contract?
- A Project Description – This section should provide an overview of the project. It should detail what each party is responsible for, as well as clarifying who is allowed access to the project. This section should also detail exactly what the job being performed is – what is going to be demolished, etc.
- Payment – This section should spell out how much the project will cost, and when the contractor will be paid. It is possible that you and your contractor negotiate a payment plan, or payments based on certain project milestones. These terms should be clearly agreed upon and detailed here. It is not recommended that you pay in full upfront.
- Project Dates – Expectations of the start and completion dates of the project. Delays are to be expected in good faith. You should outline penalties for missed completion dates, if you choose to do so.
- Policy Regarding Permits – Your contractor should agree to secure all permits necessary to complete the project
- Policy Regarding Changes – Who is authorized to allow changes? What is the procedure or chain-of-command to do so?
- Proof of Licensure and Insurance – Your contractor should be able to provide proof of all licensure and insurance required for the project.
- An “Out” – Otherwise known as a termination cause, it can detail reasons why the homeowner or the contractor can leave the project without a penalty.
- Signatures – The contract will not be official with signatures from both parties. A pretty important step!
Work With A Remodeling Contractor You Can Trust
Working with a contractor you can trust is vitally important in the remodeling process. At Cardigan Kitchens and Baths, we have over 40 years of experience, having been family owned and operated since 1971. We take pride in servicing the Annapolis area, and are committed to the highest level of quality. A brother and sister run-business, we are BBB Accredited, and Houzz Recommended. We look forward to working with you today to complete your dream remodel!