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14
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3
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Garfield Thompson
  • Bloomfield, CT
3
Votes |
14
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Contractor Contract Template

Garfield Thompson
  • Bloomfield, CT
Posted Aug 21 2019, 11:59

Do anyone have some good advice or sample contracts for contractors during a Fix and Flip?

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570
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452
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Eric H.
  • Real Estate Solutions Provider
  • Baltimore, MD
452
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570
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Eric H.
  • Real Estate Solutions Provider
  • Baltimore, MD
Replied Aug 22 2019, 02:40

@Garfield Thompson Great morning and Welcome to BP!

Check the File Place. I would recommend that you have any contracts you find there reviewed by a local attorney.

I wish you the best!!

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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
7,102
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied Aug 22 2019, 03:35

You shouldnt need one . When you hire a Professional licensed and insured contractor he will provide one to you when you hire them . 

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14
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Garfield Thompson
  • Bloomfield, CT
3
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14
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Garfield Thompson
  • Bloomfield, CT
Replied Aug 22 2019, 07:32

@Eric H.

Thank you for Replying I see where the contracts are kept.

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Garfield Thompson
  • Bloomfield, CT
3
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14
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Garfield Thompson
  • Bloomfield, CT
Replied Aug 22 2019, 07:38

@Matthew Paul

I should need my own contracts for any contractor. If his contracts are to protect himself and team but don’t protect me the way I want to. Especially if a contractor starts a project then mid way says he needs money up front or he’s not going to finish or etc. I would like a contract in place Incase I need to take action.

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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied Aug 22 2019, 12:42

@Garfield Thompson That sounds all well and good . But if you are hiring real professionals , they wont sign your agreement . And here in Maryland , by law the contractor must supply the contract with a bunch of legal stipulations the State of Md requires . Now you may find a novice contractor or "Chuck in a Truck " who may sign what you have . And naturally a contractors agreement will protect him , thats the point , to describe the work in detail , the payment schedule , and many other things . 

Contractors are businesses , you dont bring your contract to a car dealer to buy a new car , you dont write up your loan agreement when you borrow money . Dont expect a professional to sign your "contract" 

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Replied Nov 17 2020, 04:29

@Garfield Thompson or @Matthew Paul, does anyone in the industry do redlines? In my industrial line of work, either the contractor or the "owner" can supply a working contract (MSA), but sometimes we go through a couple rounds of negotiation before we come to an agreement on terms.

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Replied Dec 8 2021, 13:19

@Garfield Thompson and @Matthew Paul - Currently interested in this because my Contractor (who I have validated and verified through references) indicated he doesn't have a contract he uses. Anyone have one available that they've seen / used in the past?

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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
7,102
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied Dec 8 2021, 13:33
Originally posted by @Naweed Moalikyar:

@Garfield Thompson and @Matthew Paul - Currently interested in this because my Contractor (who I have validated and verified through references) indicated he doesn't have a contract he uses. Anyone have one available that they've seen / used in the past?

 If your so called CONTRACTor  doesnt have or use contracts , you are dealing with a non licensed worker . they are not a contractor

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John R.
  • Rental Property Investor
  • Atlanta
0
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1
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John R.
  • Rental Property Investor
  • Atlanta
Replied Jan 21 2022, 08:27

Garfiled, You are completely right. How did the contract work out for you? Did it help avoid problems,  Can you share the contract you ended up using?