Construction contract

In any type of home repair or if you are going to build a new house it is just good business sense to demand a contract be drawn up between both parties.  A contract will not only offer the builder protection it will also offer the customer protection.  It is very critical that bot parties understand and sign all parts of the documents.  If there is something in the contract you do not understand do not hesitate to ask.  In my experience of building homes, I can’t stress this enough. Many times the customer will ask for us to include certain provisions that is important to them, so what I am saying is it needs to be a good mutual contract of terms that everyone is happy with.  With out having a legal knowledge when you first read a contract it can be sometimes a little tough with the terminology, but it should be written in a manor that you can decipher.  Generally a contract will start of with the legal description, address of the property.  You  want to read over these and make sure they are correct.  The agreed upon price will be listed.  There should be an area that will state what the work is being done, In our case the contract would be for building a new house and any certain provisions or attachments that would be with the contract.  There will also be an area that covers who is financing the project and those terms, as well as how the insurance is covered during the course of construction. A good contract should spell out the warranty for the project and how that is to be handled.  A good constructed contract will go a long ways with you and your project administrator towards a positive building experience.