Honolulu Home Remodeling Contract Tips
April 6th, 2009 categories: Rants & Riffs
If you are remodeling a home in Honolulu, be sure to use licensed a licensed contractor and/or sub-contractors and be sure to have a contract that spells out the terms of service. The Realtor Journal had a recent article that gave a good list of the items a contract should include. The National Association of the Remodeling Industry spells out the key elements that every remodeling contract should include the following.
1. The contractor’s name, address, phone number, and license number.
2. Details on what the contractor will and will not do.
3. A list of materials for the project in your contract. This includes information about the size, color, model, brand name, and product.
4. The approximate start date and completion date.
5. All required plans. Study them carefully for accuracy. Insist that you approve them and that they are identified in your written contract before any work begins.
6. Written notice of your right to, without penalty, cancel a contract within three business days of signing it.
7. Financial terms, spelled our in a way that you understand. This includes the total price, payment schedule, and any cancellation penalty.
8. A binding arbitration clause, which you’ll need in the event a disagreement occurs. Arbitration may enable you to resolve disputes without costly litigation.
9. Everything you’ve requested. Consider the scope of the project and make sure all items you’ve requested are included. If you do not see a specific item in the contract, consider it not included. Never sign an incomplete contract.
10. A warranty covering materials and workmanship for a minimum of one year. The warranty must be identified as either “full” or “limited”. The name and address of the party who will honor the warranty (contractor, distributor, or manufacturer) must be identified. Make sure the time period for the warranty is specified.
You should strive to have as clear and complete contract as possible. Taking the time to get it right, could help to avoid huge headaches on the once the work begins.
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Very informative! Great for anyone thinking about diving in! Thanks.
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