Than Merrill’s excellent article “The Independent Contractor Agreement & Every Document You’ll Need To Work With A Contractor” recommends six critical documents to help reduce your exposure to risk.
- Independent Contractor Agreement
- Final Scope Of Work
- Payment Schedule
- Insurance Indemnification Agreement
- Final & Unconditional Lien Waiver
Following these recommendations should facilitate a smooth process, and help you maintain a good relationship with your contractor.
When you choose Lead Funding as your lender, you will work with a staff that has decades of experience in all areas of real estate, including valuation, budgeting, scope of work, and project execution.
To read the full article and see a description of the contracts, click here.