ilmscore | Contractor Contracts Predictions
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Contractor Contracts

Topic
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Accuracy

Recent Predictions

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Prediction
Author
Predicted at
Status
Video
A signed contract allows legal recourse against a contractor for breaches, whereas its absence leaves no legal basis for accountability.
"And when you have a signed contract by both parties, it then gives you something that you can do whe..."
BiggerPockets BiggerPockets
Mar 25, 2025
Pending
How to Find a Contra...
Without a contract, a contractor can easily place a lien on a property if payments are withheld, leaving the investor vulnerable.
"The problem with that is since there is no contract, there's nothing stopping the contractor from sa..."
BiggerPockets BiggerPockets
Mar 25, 2025
Pending
How to Find a Contra...
Contractors are unlikely to agree to contract penalties for delays or budget overruns unless corresponding bonuses for early completion are also included.
"I don't think you can have penalties without bonuses. I don't think you'll get a contractor to sign ..."
BiggerPockets BiggerPockets
Mar 25, 2025
Pending
How to Find a Contra...