Drainage Contract for Contractor - New York 2025

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A contract should contain everything agreed upon by you and your licensed contractor. It should detail the work, price, when payments will be made, who gets the necessary building permits, and when the job will be finished. The contract also must identify the contractor, and give their address and license number.
For a contract to be legally binding, and therefore enforceable, it needs to satisfy four principles: offer, acceptance, consideration and the intention to create legal relations. Consideration requires the exchange of something of value and to make a contract there has to be a clear intention.
Pay no more than 25% of the total contract amount upfront to get the work started. Keep track of all paperwork and payments.
There are several types of construction contracts, but the most common include four primary types: Stipulated Sum Contract, Cost Plus Contract, Design-Build Contract, and Integrated Project Delivery Contract.
Unconscionable. A contract may not be enforced if you were unfairly pressured into agreeing to it and its terms are grossly unfair. In that case, you might try to argue that the contract is unconscionable. That is, the other party, who had a greater bargaining power, took advantage of you.
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In general, New York does not have a cooling-off period. A cooling-off period is where you can change your mind and cancel the contract. For most types of sales, you cannot cancel if you later change your mind. Sometimes a seller will tell you that there is a cooling-off period even when there is not.
So, heres the rule, as recently summarized by a New York County trial court: The requirements for formation of an enforceable contract are: (1) at least two parties with legal capacity to contract; (2) mutual assent to the terms of an agreement with reasonably certain terms; and, (3) consideration (i.e., payment).

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