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…