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A pool contract is an agreement between a property owner and a contractor for pool construction or maintenance, legally protecting both parties by outlining their rights and obligations. This video explains the importance of having a swimming pool contract and the elements to include. Additionally, it discusses average pool costs, which vary based on project type, pool size, special features (like waterfalls and mood lighting), materials, and location. For precise estimates, consulting a local contractor is recommended. The video also provides a link to create a customized swimming pool contract template.