Important aspects of an agreement with your contractor

The anticipation of renovating your property in Georgia has you scouring the internet for inspiration to completely update your current space. In your preparation, you have found a reliable contractor who you feel good about working with. Now, it is time to form an agreement for the work you wish to have done on your property. At The Roberts Law Firm, P.C., we have helped many people to protect their assets in regards to working with real estate. 

Before you pay any money to your contractor, you should have a written agreement in hand that details the responsibilities of both you and the contractor you are interested in hiring for the job. Both parties should clearly understand the terms, as well as any consequences for failing to abide by the contract. 

According to the Federal Trade Commission, some of the essential aspects that should be addressed in your contract include the use of subcontractors, obligatory permits, an estimated timeline of completion, how change orders will be dealt with, a materials list and clarifications on the items that your contractor is not responsible for. There should also be clearly outlined parameters for a cancellation process and under what conditions your contract can legally be canceled. 

When you are aware of what components you need to define in a contract between you and someone you have hired to work on your home, you may feel much more confident about your ability to get what you are paying for. For more information about real estate, visit our web page.  

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