Once you signed an agreement, there is turning back so it is crucial to review one by one all that written in your contractor’s agreement. If there are things that are not clear, better to ask help from your friends or relatives or hi
re a professional that will explain the details of the agreement. You should read all the text from beginning to end. Your verbal agreement to your contractors should be correspond to what is written in your contractor’s agreement.
The following are some crucial information to look up in your contractor’s agreement
- The range and scope of work should provide in the agreement. This includes the
- The contract price should also be included in the contract as well as the terms of payment and how much is the initial payment before the construction of the house. It also indicated the schedule of payment.
- The contractor should identify the type of materials and specification of materials to be used in the construction of your house from elevation of the house from the land, roof types and brands, windows type, size of metal to be used, the cement brand, paint brand, and everything that will be used for the construction.
- Time frame for the construction of the house should be provided. It includes the time of the completion of the house.
- The warranty of the house should also be indicated in the contract such as the type of defects that have warranty.
- In case of dispute, consider to include which party will pay for the attorney’s fees.
- Penalty fee in case of delayed payment and delayed construction schedule.
If there are things you want to include in your contract, do not hesitate to tell to your contractor to avoid misunderstanding and disagreements.