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A solid pact.


Every home renovation The creator of this article, or someone who has substantially contributed to it, may have a conflict of interest regarding its subject matter.
It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view.
 contract should include

* Contractor information such as name, address, phone numbers and license number.

* A list of what exactly will and will not be done.

* All materials, sizes, colors and other specifications.

* A dated copy of all drawings and diagrams. Changes to such documents should be initialed and dated by all parties.

* Start and finish dates.

* Times work will commence and end each day.

* How change orders will be handled.

* A one-year warranty.

* A binding arbitration clause.

* A statement about how the contract can be canceled.

* A statement that the contractor will provide affidavits of final release, final payment or final lien waivers In the Mechanics lien process a lien waiver is a document from a contractor, subcontractor, materialmen, equipment lessor or other party to the construction project stating they have received payment and waive any future lien rights to the property.  from all subcontractors and suppliers.

* Proof the contractor checked with local building codes.

Source: Adapted from Remodel re·mod·el  
tr.v. re·mod·eled also re·mod·elled, re·mod·el·ing also re·mod·el·ling, re·mod·els also re·mod·els
To make over in structure or style; reconstruct.
 or Move? Make the Right Decision by Dan Fritschen, ABCD See CompTIA.  Publishing LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, 2005.
COPYRIGHT 2005 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:HOME FRONT
Publication:Journal of Accountancy
Date:Dec 1, 2005
Words:136
Previous Article:In the public interest.(ON THE RECORD)
Next Article:CPA exam top scorers.(TOP LINE)



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