Remodeling? Start with a Solid Foundation: Your Contract.

Most big and expensive decisions in life come with a stack of paperwork and a contract to sign. That includes home remodeling.  Oftentimes, however, homeowners don’t understand the scope of the project or the risks involved.  The budget is also something that many homeowners overlook, using ballpark numbers instead.  The scope of the work, the budget and the allocation of risks are all things that should be nailed down in a contract before the work begins.  Yet, many people don’t take the time to actually read and understand a contract before they sign it.  That can be the most costly mistake in the process.  

For instance, will new electrical or plumbing work be required?  What is included in the budget? Is there an allowance or contingency amount for unforeseen problems or changes?  What happens if completion of the project is delayed?  Will the work be warranted?  That is just the beginning of a long list of questions that should be asked by a homeowner.  The contract for remodeling should cover those topics and many more, including what will happen in the event of a dispute between the homeowner and the contractor.  Arbitration?  Jury trial? 

Remodeling can be exciting, but it is also very stressful.  Save yourself some headaches along the way and be sure you know what you’re getting into before you sign a contract.  You should also educate yourself about Florida’s lien laws before any work begins.   Under Florida law, contractors and others that perform work to improve your property may record a lien against your property if they aren’t paid for the work.  If you are thinking about remodeling, talk to an attorney that can help you avoid some common pitfalls.