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By Jana Ward
Since most people are interested in home improvement topics
predominantly when they are thinking about remodeling, some general
information that is extremely useful may go unnoticed. The following
information is invaluable and is provided periodically so that it is
available to those who need it, when they need it.
Before you nail down your next home improvement project,
learn the lingo. These common terms and definitions may help you
avoid miscommunications with your contractor.
Allowance A
specific dollar amount allocated by a contractor for specified items
in a contract for which brand, model number, color, size or other
detail is not yet known.
Bid A proposal
to work for a certain amount of money, based on plans and
specifications for the project.
Building Permit A document issued by a governing authority, such as a
building department, granting permission to undertake a construction
project.
Call-back An
informal term for a return visit made by a contractor to repair or
replace items the home owner has found to be unsatisfactory or that
require service under the warranty.
CGR (Certified Graduate
Remodelor) A professional certified program
offered through the National Association of Home Builders (NAHB)
RemodelorsÔ Council. To attain the CGR
designation, a remodeler must take a specified number of continuing
education courses and must comply with a strict code of
ethics.
Change Order
Written authorization to the contractor to make a change or addition
to the work described in the original contract. The change order
should reflect any changes in cost.
Cost-plus Contract A contract between a contractor and homeowner based on the
accrued cost of labor and materials plus a percentage for profit and
overhead. Also known as a time-and-materials
contract.
Draw A
designated payment that is “drawn” from the total project budget to
pay for services completed to date. A draw schedule typically is
established in the contract.
Lien Release A
document that voids the legal right of a contractor, subcontractor
or supplier to place a lien against your property. A lien release
assures you that the remodeler has paid subcontractors and suppliers
in full for labor and materials.
Mechanic’s Lien A lien obtained by an unpaid subcontractor or supplier
through the courts. When enforced, real property—such as your
home—can be sold to pay the subcontractor or
supplier.
Plans and
Specifications Drawings for the project, and
a detailed list or description of the known products, materials,
quantities and finishes to be used in the
project.
Punch List A
list of items of work to be completed or corrected by the
contractor, typically near or at the end of a
project.
Subcontractor
A person or company hired directly by the contractor to perform
specialized work at the job site. Sometimes referred to as a trade
contractor.
Jana Ward, of Clear Choice Flooring and Design, is President
of the Greater San Antonio Builders Association Remodelor's
Council. |