Remodeling Contract Template

What Should Be in a Remodeling Contract?

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:

1. Names and addresses of the parties.
2. Description of remodeling services and the address where they must be performed . State which party has to furnish the materials, supplies, and labor to perform the services adequately. Determine the team the contractor will use to finish the work. If the contractor must remove all the debris upon completion of the services, mention it in writing.
3. Remodeling schedule . Submit the start date, substantial completion date (indicate the percentage), and full completion date.
4. Payment schedule . Write down the sum of money the customer pays the contractor upon the execution of the agreement and completion of all services.
5. Safety precautions . Add references to all applicable laws, rules, ordinances, and regulations related to the safety of people and property.
6. Termination . Usually, the contract can be terminated when one party gives the other written notice.
7. Signatures that acknowledge a full understanding of the terms and conditions of the agreement . Once a Home Remodeling Contract is signed, it becomes legally binding.

What to Look for in a Remodeling Contract?

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:

• Building Permit Application;
• Land Contract Form;
• Independent Contractor Agreement;
• Subcontractor Agreement;
• Lead Disclosure Form.