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I don't like lump sum contracts. It limits the ability to easily and at a fair price, add or subtract scope of work. If we both know what some thing is worth and I decide to not do it, then we can easily agree what the value is. I like line item bids that clearly show where the money is going.
CA law prevents a contractor from taking more than 10% or $1000, whichever is less, up front. Every time I hear someone say I need 25 or 50% up front to start I cringe.
Mechanics lien law is another element that is there for the contractor to secure what you owe him with your real property. In other words, if he notifies you in the proper way that he has this right, and you decide to not pay him...he can move to foreclose on your property so that he can get paid. Be cautious with this one. It can work in your favor. Most contractors don't understand how this one works and only the most savvy will use it properly.
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'75 1.8 -->1911
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