Building Contract

Components of a Canadian Builder Contract

A well-drafted contract is essential for the proper and fair building process. Contracts are legal entities that must be respected and clearly defined. There are 3 types of construction contracts in Canada, namely: Lump Sum A fixed price is agreed upon and the owner of the property agrees to bear…

Top 7 Things to Know About a Building Contract

A building contract is a contract detailing the terms and conditions between an owner of a land and a building contractor. The contract covers the basis of remuneration, timescale, penalties, consequences in case of breach of contract, and so on. The contractor can make contracts with other individual trades which…