Craftsman Book Company

  • If you’ve been a contractor for a while . . .

     

    You know about headaches that come with any project – risk of loss, regulation, code compliance, employees, warranty claims, liens, and – always – the need for more capital.

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  • Illegal Construction Contracts

     

    All states set standards for construction contracts. The notices and disclosures required by state law vary with the size of the job, type of work, materials used, who signs the agreement and even where the contract is signed. To see what’s required where you do business, go to Construction-Contract.net and click on your state.

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  • E-Sign Your Construction Contracts

     

    I’ve been asked, “Can I get my contracts E-signed -- send my contract to a client as an email attachment, get an electronic signature and then have the E-signed contract emailed back to me?”

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  • Why Contractors Like ADR

     

    Construction disputes usually start with a surprise – something nobody considered. A good contract anticipates the most likely surprises. But no contract is perfect. Occasionally you’re going to have a dispute.

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  • Insurance Repair Work in Illinois

     

    Starting January 1, 2012, residential contractors in Illinois have to jump through another hoop. If any part of a job may be covered by insurance proceeds, section 513/18 of Illinois’ Home Repair and Remodeling Act will require a special notice in the contract and extra cancellation forms. Section 513/18 applies if:

     

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  • A.I.A. Contracts vs. ConsensusDOCS

     

    In April 2009, Bennett Builders signed a contract to remodel the Stamford, CT home of Tarun Mehta. It was a cost plus job at a price not to exceed $446,900. Under the agreement, work was to be completed by October 2009. Over a year later, work still wasn’t done and Mehta terminated the agreement. Bennett filed suit for $31,754.94 still due on the contract and asked the court for a pre-judgment remedy, an attachment of $32,000 on Mehta’s home.

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  • Truth-in-Lending for Contractors

     

    Most contractors don’t get into the money-lending business – at least not on purpose. Contractors want to be paid in full when the work is done. But at least occasionally, you’re going to bump into the Federal Truth-in-Lending (T-I-L) Act. Here’s how it happens:

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  • Contracts for Insurance Restoration

     

    Last week I had a chance to interview Paul Bianchina, author of the new book, Insurance Restoration Contracting. Excerpts from that interview:

     

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  • Changes in Construction Contract Law

     

    Every state sets standards for construction contacts. For residential work, most states require very specific notices and disclosures. Heavy penalties apply to contractors who ignore these requirements. Click here and then click on your state to see what the law in your state requires.

     

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  • Tips for Solar Contractors

     

    Most of solar installation contracts I've seen are pretty weak. They don’t cover the essentials and won’t hold up in court. Here’s why.

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