Easily Hide Data from the Home Repair Contract

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How to Hide Data from the Home Repair Contract

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[Music] hi im joseph patrick co-founder of lamont brothers and in todays video i want to give you some tips in what you should look for in a remodeling construction contract when you review one with your remodeler now to start with im going to preface this by saying this is not legal advice at all in any way whatsoever these are just a few tips from us having observed a lot of clients over the past decade know whats in our construction contract but also talk to a lot of people who have signed the contracts that they regretted later or started relationships with contractors that they regretted i want to help you spot some things and avoid getting into a bad situation the first thing you need to look for in a construction contract is an exhaustive scope of work its supposed to be a construction contract is supposed to be good communication about whats going to happen during the project and so that scope of work is essential it has to include everything that you want and not leave a

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How do I protect myself from a contractor?

Protect Yourself When Hiring a Contractor Get Proof of Bonding, Licenses, and Insurance. Dont Base Your Decision Solely on Price. Ask for References. Avoid Paying Too Much Upfront. Secure a Written Contract. Be Wary of Pressure and Scare Tactics. Consider Hiring Specialized Pros for Additional Guidance. Go With Your Gut.

Is pay if paid enforceable in Massachusetts?

Generally speaking, both pay-if-paid clauses and pay-when-paid clauses are enforceable in the state of Massachusetts. In order to be enforceable, these provisions must be clear and unambiguous to the reader.

How long does a contractor have to pay a subcontractor in Massachusetts?

Generally, the general contractor (GC) must pay each subcontractor (sub) as soon as he receives any payment from the awarding authority for work or materials the sub has already provided. Within 65 days after the sub has completed all his work on the project, he is due the entire balance (minus any retainage).

What is the statute of limitations for contractor work Massachusetts?

For lawsuits dealing with contracts in Massachusetts, the statute of limitations is typically six years after the contract was broken.

How much can a contractor ask for a deposit in Massachusetts?

Any deposit required to be paid in advance of the start of the work cannot exceed one-third of the total contract price or the actual cost of any material or equipment of a special order or custom made nature, which must be ordered in advance of the start of the work to assure that the project will proceed on schedule.

What is the contractor payment law in Massachusetts?

On private projects, Massachusetts Prompt Pay law requires property owners to make progress payments to Prime Contractors within 45 days after approval of invoice. The invoice must be approved or denied within 15 days.

How are subcontractors usually paid?

Some common forms include: For small projects, the contract can include language that states half of the contracted amount is due at the onset of the job, with the other half due at the end of the project. For medium-sized projects, splitting the payments up into a 20/30/30/20 percent payment schedule makes sense.

What is the maximum down payment amount or percentage a contractor can request at the time an HIC is executed?

Except for a down payment, a contractor cant demand or accept payment for work or materials until the work is actually done or the materials are delivered. The down payment may not exceed $1,000 or 10 percent of the contract amount, whichever is less.

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