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How much can a contractor ask for upfront 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.

Does Massachusetts require contractors to be bonded?

Every state has its own version of the Miller Act, called a Little Miller Act. Massachusetts (M.G. L. c. 149, 29) requires that bonds be provided on any contract exceeding $25,000 for alteration, repair, remodeling, demolition or construction of facilities.

Can I copy a contract and use it as my own?

If the contract is written by someone else and you sign it, you can use it for your own purpose without claiming any copyright. If you claim someone elses contract as your own, youll be violating the authors copyright.

Can an out of state contractor work in Massachusetts?

Yes. You must register as an Out-of-State Contractor and submit a Guarantee Bond Form. Visit Overview and registration for more information.

How much does it cost to get bonded in Massachusetts?

This bond can cost as low as $250, depending on the applicants credentials. Consulting a surety professional is the best way to determine your exact surety bond cost in Massachusetts. You can request your free quote online, or you can call 1 (800) 308-4358 to speak with an experienced bond specialist.

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How much money should you give a contractor up front?

Avoid paying in cash. Contractors cannot ask for a deposit of more than 10 percent of the total cost of the job or $1,000, whichever is less. * (This applies to any home improvement project, including swimming pools.)

Does Massachusetts require a contractor license?

Any individual or any company that solicits, bids on, or performs residential contracting as a contractor or subcontractor on an existing one- to four-unit, owner-occupied primary residence in Massachusetts must register as a home improvement contractor.

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

Massachusetts law prohibits a contractor requiring an initial deposit of over 33% of the total contract price unless special materials are ordered. Any contractor demanding over a 33% deposit should raise a huge red flag .

Should I pay a contractor 50% up front?

The exact deposit amount contractors ask for upfront varies and is especially dependent on the size of the project. For relatively small jobs, like a $16,000 bathroom remodel, contractors may ask for a 50% deposit. For large jobs, like a $100,000 full-home renovation, a 10%20% deposit is more typical.

Does Massachusetts require a contractor license?

Any individual or any company that solicits, bids on, or performs residential contracting as a contractor or subcontractor on an existing one- to four-unit, owner-occupied primary residence in Massachusetts must register as a home improvement contractor.

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How much can a contractor ask for upfront in Massachusetts?

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How much money should you give a contractor up front?

Does Massachusetts require a contractor license?

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

Should I pay a contractor 50% up front?

Does Massachusetts require a contractor license?

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Get the up-to-date Painting Contract for Contractor - Massachusetts 2024 now

Here's how it works

The fastest way to redact Painting Contract for Contractor - Massachusetts online

Complete this form in 5 minutes or less

Got questions?

How much can a contractor ask for upfront in Massachusetts?

Does Massachusetts require contractors to be bonded?

Can I copy a contract and use it as my own?

Can an out of state contractor work in Massachusetts?

How much does it cost to get bonded in Massachusetts?

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People also ask

How much money should you give a contractor up front?

Does Massachusetts require a contractor license?

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

Should I pay a contractor 50% up front?

Does Massachusetts require a contractor license?

Related links

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