The Importance of Contracts When Hiring a Remodeling Contractor
One of the things you might hear every now and then is that a contract is a must for your protection when you work with a remodeling contractor.Coming up with a contract is the start of your business relationship with this professional.While working out the contract details, you will know whether this person is actually someone you can work harmoniously with over the length of the project. If the contractor is tough to deal with at this stage, just picture what it might be like if he already has your cash.
Having your attorney go through a legal document before you sign it is always favorable to you.In the total cost of a contract worth tens of thousands of dollars, adding a few hundred more to get an attorney is money well spent.This legal expert will study the fine print and tell you if he thinks any crucial details are missing.
A contract will present key information regarding the contractor as well.You can use this info to know more about his business and potentially save yourself from headaches later on.For one, a good contractor will provide a clause that shows proof of insurance.Without this, the slope can only become slippery for you.
5 Uses For Remodeling
Another bit of information that has to be on a contract is the business name of the contractor; then you can just ring the government and inquire if this is a real number.Even professional-looking contracts can have bogus numbers, and this is a good way for you to determine if they’re dealing with a legit company or a scammer.
Getting Down To Basics with Commercialremodeling
Speaking of crooks, let’s dissect the “cold, hard cash” payment scheme.Apart from the obvious — that a contract is of no use if there is no evidence of payment — the more important question is, why give cash to an utter stranger?There’s a big industry consisting of con men who are posing as contractors.They will ask for a sizable cash down payment in exchange for saving you the problem of paying the taxes, never to be seen again.
Another warning sign is a contractor who will not work with building code safety, building permits and municipal inspectors.The most crucial point is that the homeowner, not the contractor, is legally responsible for obtaining permits.If the building department finds out that you’re doing a renovation without the required permits, they can force you to tear everything down, even if the project is already nearing completion.Your contractor just vanishes.
Bottom line is, a contractor is not really a contractor without a legally acceptable contract.Make it a point to have one, and make it written.