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Essential information about construction contracts to protect your interests during building projects
A clear construction contract protects both you and your contractor. Here's what every homeowner should include and understand.
Always specify the exact materials to be used, including brands and quality grades. This prevents contractors from using cheaper alternatives that could affect your home's quality.
Include a detailed timeline with milestones and penalties for delays. Weather delays are normal, but the contract should specify how long extensions are reasonable.
Clearly outline payment schedules tied to completed work, not calendar dates. Never pay large amounts upfront, and always retain final payment until all work is completed to your satisfaction
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