Killer Construction Contracts

Sales contracts get no respect. They're signed every day. Sometimes with changes scribbled in that could cause trouble. Sometimes with prices that are flat out wrong. And sometimes with boilerplate language that doesn't say what you think it says.

Although no contract is bulletproof, a good one protects both you and your customer — and that's not a contradiction.

Read on for a checklist of important items to include in your contract. However, laws mandating what absolutely must be in a contract vary from state to state, so make sure you're aware of what's required where you do business. “What you don't know can hurt you very, very badly,” says attorney D.S. Berenson, managing partner of Johanson Berenson in Washington, D.C..

To read the rest of this story on JLC's website click here.