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In the video, Joseph Patrick, co-founder of Lamont Brothers, shares tips on what to look for in a remodeling construction contract. He emphasizes that these are not legal advice but insights gained from observing clients over the past decade. Joseph highlights the importance of having an exhaustive scope of work in the contract, as it ensures good communication about the project. A well-defined scope should include all desired work to avoid misunderstandings and regrettable situations with contractors. He encourages viewers to pay close attention to the details of the contract to ensure all expectations are clearly outlined before proceeding.