CONTRACTOR/HOME-OWNER AGREEMENT

Hundreds maybe thousands of stories have been written about the nightmare of hiring a contractor without a complete written agreement.

The risk is enormous, don't even consider it! In fact, experienced contractors won't work without an agreement because the probability of a lawsuit stemming from a misunderstanding is so great.

Instead, download our free CONTRACTOR HOME-OWNER AGREEMENT and start gathering the information you will need to make it complete.

Yes, this agreement takes some effort, but the payoff is worth every minute of your time. Both you and your contractor are protected because expectations and promises are outlined in a clear and concise manner.

The form begins with naming the parties. Be sure to include your contractor's actual name, business name, and address. Next is a complete description of the work to be performed.

Don't state "Repair Deck." That could mean anything. Instead, write something like: "Contractor will replace 16 rotted/damaged deck boards with 2X6 treated redwood." In other words, be specific.

Next is the amount you agree to pay. Make sure the contractor gives you a firm bid. Then outline the method and timing of payments. You may be required to make a deposit before construction begins, but do not pay the balance in full until the job is complete and you are satisfied. Depending upon the size of the job you may make a deposit and final payment. If it is extensive, monthly payments will allow your contractor to pay for any materials he or she has purchased through the month.

Dates are an important element in your agreement. Get a firm commitment on the start date and the completion date. The CONTRACTOR HOME-OWNER AGREEMENT provides for a per-day penalty for completion after the promised date. The start date is equally important. If the job doesn't start on time you may want to "fire" the contractor and hire someone else. This agreement will allow you to do that.

Contractor and home-owner are further protected by a section of this agreement that calls for any and all changes to be in writing. Before changes are made the contractor must present to the home-owner a revised bid, outlining the cost of the changes. Both must sign the revision. Any opportunity for misunderstanding and any risk of a huge and unexpected bill is removed.

CONTRACTOR HOME-OWNER AGREEMENT