The Construction Agreement

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The Construction Agreement

Solve Problems Through Prevention

Perhaps the riskiest part of residential real estate investing is the property renovation. Repairing older homes comes with its own issues that can be compounded by problems with your contractor. You can avoid many of these issues by clearly communicating expectations and using a well-written construction agreement. 

Click here to download a generic construction agreement used by the pros over at Flipping America. They spent thousands to pay an attorney to help write it and it can be yours for free. 

Two recommendations:

1. Whether you use this agreement or not, do NOT use an agreement provided by your contractor without first having your attorney review. 

2. If you want to use the free download - have your attorney review and make edits appropriate for your local laws.