“Get it in writing.” Seems so obvious, doesn’t it? Why would anyone do work or have work done without a contract? As a homeowner, I have hired contractors and handymen and I have had work done with and without contracts. In this episode, I give a couple examples of when I had work done without a written contract and the consequences. I also explain what should be included in a good contract.
Elements of a Good Contract
- The general job description
- The price and payment terms (when installments are due)
- What is included in the price– the materials to be used and what the contractor is going to do. Basically this is the job description in more detail.
- What is not included. For example, “priming and painting not included.”
- Details of any warranty and the transferability of that warranty.
- Details of liability limitations (the damage waiver). For example, a roofing company is usually not responsible for cracks to interior plaster or drywall.
- The contract should also mention that the contractor has worker’s compensation insurance or the equivalent.
Links to content referred to in this episode
The attic renovation: This article covers the complete attic renovation including the work done by the contractor mentioned in the episode.
Contracts and Contractors: Blog post from 2013 on this topic.