How much more should I ask for as a contractor?

As a general rule of thumb your contractor rate should be at least 50% more than you'd get for the same work as an employee.

US Legal Forms
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Construction Contractor Forms
Multi-State
Construction Contract for Home - Fixed Fee or Cost Plus

Construction Cost Contract Plus Withdrawal In Cuyahoga

Q: How to file a mechanics lien in Cuyahoga County?

The Affidavit of Mechanics&#039; Lien must be filed at the county recorder&#039;s office where the project was located. It must also be served on the owner within 30 days of filing. If the owner cannot be found, a copy of the lien must be posted conspicuously on the project site within 10 days of failure of service.

Q: Can you file a lien without a contract in Ohio?

With regard to mechanics&#039; liens, Ohio requires that the work be performed pursuant to a contract in order to secure a claimant&#039;s lien rights.

Q: What is the right to cure law in Ohio?

Ohio&#039;s Right to Cure Law is intended as a means to help homeowners and their contractors amicably resolve their disputes. Used appropriately and meaningfully, the statute can assist in the resolution of claims by both Owners and Contractors. A home is an Owner&#039;s most valuable investment.

Category:

Construction - Contractors

State:

Multi-State

County:

Cuyahoga

Control #:

US-00462

Format:

Instant download

Description

The Construction Cost Contract Plus Withdrawal in Cuyahoga is an essential legal document facilitating agreements between a contractor and an owner for construction projects. This contract outlines the scope of work, specifying the responsibilities for materials and labor while conforming to local regulations. It also details the work site, permits required, soil conditions, and insurance provisions necessary for the project. The contractor's fee can be structured as 'cost plus' or 'fixed fee,' and the contract stipulates procedures for changes to the scope of work through written change orders. Additional provisions cover late payment penalties and warranty limitations for the contractor's workmanship. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a comprehensive framework to ensure clarity and legal compliance during construction projects, reducing the risk of disputes and misunderstandings. Users are encouraged to fill in specific details such as project information and financial agreements before execution.

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FAQ

The Affidavit of Mechanics' Lien must be filed at the county recorder's office where the project was located. It must also be served on the owner within 30 days of filing. If the owner cannot be found, a copy of the lien must be posted conspicuously on the project site within 10 days of failure of service.

11.0 HEARING AND SUBMISSION OF MOTIONS If the motion requires consideration of facts not appearing of record, the movant shall serve and file copies of all affidavits, depositions, photographs or documentary evidence which the movant desires to submit in support of the motion.

With regard to mechanics' liens, Ohio requires that the work be performed pursuant to a contract in order to secure a claimant's lien rights.

"Any person who wishes to file a Mechanic's Lien shall make and file for record in the office of the county recorder in the counties in which the improved property is located, an affidavit showing the amount due over and above all legal setoffs, a description of the property to be charged with the lien, the name and ...

To attach the lien, the creditor files the judgment with the clerk of court of common pleas in any Ohio county where the debtor owns real estate (a home, land, etc.) now or may own real estate in the future.

As a general rule of thumb your contractor rate should be at least 50% more than you'd get for the same work as an employee.

Ohio's Right to Cure Law is intended as a means to help homeowners and their contractors amicably resolve their disputes. Used appropriately and meaningfully, the statute can assist in the resolution of claims by both Owners and Contractors. A home is an Owner's most valuable investment.

The law also places a limit on the amount a contractor can take as a down payment or deposit before work starts. Unless there are custom or specialty orders for materials, the contractor cannot ask for more than 10% upfront before work starts.

Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.