The Essential Laws of Remodeling Explained
Hiring a Remodeling Contractor – Why a Contract Is Absolutely Necessary 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.Preparing a contract is the beginning of your relationship with this professional.As you work out the contract details, you will see whether the person is somebody you can actually work with throughout the course of the project. If the contractor is not easy to deal with at this point, just visualize what it may be like when he has your money already. Having your attorney go through a legal document before you sign it is always favorable to you.In the general cost of a contract that is worth tens of thousands of dollars, forking out a few hundred more for a lawyer is money well spent.This legal specialist will go through the fine print and tell you if he thinks there are important details missing. A contract will as well give you key information on the contractor’s background.You can use this info to learn more about his business and possibly save yourself from complications in the future.For one, a good contractor will provide a clause that shows proof of insurance.Without this, things can only get risky for you.
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Another piece of information that should be on a contract is the contractor’s contact number; then you can just call the government to know if it’s a real number.Even professional-looking contracts can provide bogus numbers, and this is a good way of telling if you’re dealing with a straight company or a crook.
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Now that we mentioned crooks, let’s discuss the “cold, hard cash” payment set-up.Aside from the obvious — that a contract is useless if there is no proof of payment — the more important issue is giving cash to a complete stranger.There’s a real industry of people pretending to be contractors.They will make you pay a big cash down payment in exchange for saving you the hassle of paying the taxes — and then can never find them again. Another red flag is when a contractor doesn’t work with municipal inspectors, building permits and building code safety.The most important point here is that the homeowner, not the contractor, is the one who is legally responsible for securing the building permits. If the building department discovers that you’re doing a renovation not having the mandatory permits, they can force you to tear everything you have built, even if your project is already almost complete .Your contractor just vanishes. Bottom line is, a contractor is not a real contractor if he cannot present a proper contract.Make it a point to have one, and make it written.