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OCR Construction Contract Agreement

OCR Construction Contract Agreement

Aug 6th, 2022

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How to OCR Construction Contract Agreement

4.7 out of 5

3 votes

Construction contracts are agreements between two parties, typically involving an exchange of money for services, such as building a house. While verbal agreements can be legally binding, proving their existence can be difficult, making it essential to get all agreements in writing. A strong recommendation is to always document contracts to avoid misunderstandings. The speaker shares a personal experience, highlighting the cost of not having a written contract, which resulted in a loss of $3,000 in their first six months of business. This lesson emphasizes the importance of written agreements to protect against financial losses and disputes.

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