Category Archives: Construction Development Contracts
Why Construction Contracts Are Essential
Anytime you plan to do business with someone, you should have one thing in place: a solid contract. Contracts may seem like mindless busywork for some people, but these pieces of paper are legal documents that can help you when things go wrong. Contracts are especially useful in the construction industry, where multiple parties… Read More »
Avoid Unlicensed Contractors By Having A Contract In Place
After a disaster like a hurricane, storm, or fire, a person’s most prized possession — their home — may be damaged. Once they receive compensation from their insurance, they may want to rebuild. And because many people are living in temporary housing during this time, they often want to rebuild as quickly as possible…. Read More »
Construction Contracts: Know Before You Sign
Buying an older house from a homeowner is different from buying a brand new house from a contractor. There are different contracts involved—in fact, many contractors use their own. However, you should avoid using a builder’s contract if you can, as these legal documents often favor the contractor. It’s better to have a lawyer… Read More »
Types of Construction Contracts
When a general contractor is erecting a house, office building, store or other type of building, a contract is often required. A contract is a written document that outlines the scope of the project, as well as the schedule, compensation and responsibilities of all parties involved. There are several types of construction contracts that… Read More »
How to Resolve Construction Contract Disputes
In an ideal world, every construction project would go smoothly, based on the contract. Contractors would finish a project on time and within budget. Clients would be pleased with the work. Unfortunately, that is not always the case. Contractors often create unrealistic schedules. They don’t properly estimate the amount of money a project will… Read More »