A Remodeling Contract is a detailed document intended for use by contractors who provide residential remodeling services. This form includes areas to outline the scope of work, its price, and legal terms and conditions.
Similar to a Construction Contract, the form sets the schedule of a construction project and specifies which individuals or businesses are going to participate in the construction process. A properly-composed Remodeling Contract is just as important as the foundation of the house because it legally makes the plan a reality and protects the interests of the parties: both the contractor and the customer.
A thoroughly written home Remodeling Contract is filled with stipulations and numbers that will take many hours to review, so establish a meeting with the other party to examine every provision of the contract before signing it.
A simple Remodeling Contract contains the following information:
It is a wise move to avoid an allowance - a specified amount of money for a certain job not outlined at the time of signing the papers. Sort out all the materials and products before the contractor gives an itemized bid for the job, otherwise, the final cost of the remodeling will be much higher than what the customer wants to spend.
Establish a good rapport with another party. Try to meet at least once a day to share progress reports and decide what work should be scheduled over the coming days. It is a good idea to keep a project journal to write down ideas and record numbers, as well as note upcoming stages of remodeling.
A Remodeling Agreement signed by two parties will define the purpose of remodeling and will help you to avoid misunderstandings that might lead to legal troubles. This is why it is crucial to customize the contract according to the specific needs of your project.
Want to find out more? Check out these construction-related agreements and contracts: