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REMODELING CONTRACTS

If you are considering a remodeling project on your home, there are some important things that should be included in any contract you enter into with a contractor who will be doing the remodel.  The essence of any contract is to ensure that all parties have the same vision and scope of what is to be done.  The National Association of the Remodeling Industry spells out some key elements that should be included in any contract to remodel.

  • The contractor’s name, address, phone number, and license number
  • Details on what the contractor will and will not do.
  • A list of materials for the project.  This includes information about the size, color, model, brand name, and product.
  • The approximate start date and completion date.
  • All required plans.  Those plans must receive your approval before any work begins.
  • Written notice of your right to cancel a contract within 3 business days of signing it (without penalty).
  • Financial terms including the total price, payment schedule, and cancellation or change order penalties.
  • A binding arbitration clause in case of any disagreements.
  • Everything you have requested must be in writing.  If a specific item is not included in the contract, then it will not be included in the project.
  • A warranty covering materials and workmanship for at least one year.  The warranty must be identified as either “full” or “limited”.  The name and address of the party who will honor the warranty must be identified (this could be the contractor, distributor, or manufacturer).  Make sure there is a time period for the warranty written into the contract.

There may be other items you wish to include such as identifying the contractor’s liability coverage.  You may also want to consult an attorney if you have questions or concerns.  The National Association of the Remodeling Industry has a website: www.nari.org. that may be helpful as well.

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