How much of a deposit should you give a contractor?

Payment Schedule In Your Contract Before any work begins, a contractor will ask a homeowner to secure the job with a down payment. It shouldn't be more than 10-20 percent of the total cost of the job. Homeowners should never pay a contractor more than 10-20% before they've even stepped foot in their home.

US Legal Forms
Arizona Renovation Contractor Package

Arizona Contractor

Name: Arizona Renovation Contractor Package
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.76 (272 reviews)

Category:

Arizona Construction - Contractors - Renovation

State:

Arizona

Control #:

AZ-P052-PKG

Format:

Instant download

Description Az Contractor Form

This package contains essential legal documents for Renovation Contractors, Owners, Suppliers or Subcontractors to use to assert their legal rights or claims and to address important legal issues regarding particular renovation project on residential property. The heart of this package is the renovation contract that complies with state law.

This package contains the following forms:

1. A Renovation Contract - Cost Plus or Fixed Fee
2. A Construction Project Information Sheet
3. A Change Order Sheet
4. A Certificate of Completion
5. A Weekly Equipment Summary
6. A Time and Material Log
7. A Bid Log
8. A Bid Follow Up Letter
9. A Summary of Estimate
10. A Schedule Sheet
11. A Job Progress Sheet
12. A Final Project Punch List
13. A Worker Safety and Health Plan, and
14. An Accident Report Form.

Purchase this package and more than 50% over purchasing the forms separately!

View Arizona Contractors Forms Package

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View Arizona Subcontractors Package

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View Owner's and Contractor Affidavit of Completion and Payment to Subcontractors

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View Sample Complaint by Contractor for Amount Due

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View Contractor Indemnification

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Arizona Contractor Packet Other Form Names

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Arizona Contractor Contract FAQ

Many contractors won't ask for any more than 10 percent, but if you're uncomfortable with even that amount, Palmer says shop around. Get at least three bids for a job. A down payment may not be needed at all.

Arizona law allows unlicensed contractors to perform certain jobs as long as they cost less than $1,000, including labor, materials and other items. This is commonly referred to as Arizona's "handyman" exemption for a limited range of services.

You shouldn't pay more than 10 percent of the estimated contract price upfront, according to the Contractors State License Board.

Minor work includes repairs and small alterations that don't require building permits. Unlicensed handyman in Arizona can do work, such as putting up drywall, assembling furniture, fixing windows, installing doors, and replacing fixtures. A handyman is typically paid around $25 an hour in Arizona.

Payment Schedule In Your Contract Before any work begins, a contractor will ask a homeowner to secure the job with a down payment. It shouldn't be more than 10-20 percent of the total cost of the job. Homeowners should never pay a contractor more than 10-20% before they've even stepped foot in their home.

The minimum penalty for contracting without a license as a first offense is a fine of $1,000 plus an 83% surcharge. A.R.S. § 32-1164(B). In most cases, an unlicensed contractor will simply face a fine, but jail time is not out of the question if the perpetrator is a repeat offender or the facts are egregious.

A: It's not uncommon for contractors to ask for a down payment up front to secure your spot on their schedule or purchase some of the job materials in advance. Asking for more than half of the project cost up front, though, is a big red flag.I recommend tying payments to progress made during the job.

Arizona Contractor

Description Az Contractor Form

Contractor Form Bundle Related forms

How to fill out Arizona Renovation Contractor Package?

Show more info

Arizona Contractor Application Form Rating

Arizona Contractor Download Form popularity

Arizona Contractor Packet Other Form Names

Arizona Contractor Contract FAQ

How much can a contractor ask for up front in Arizona?

How much work can you do without a contractor license in Arizona?

How much can a contractor ask for upfront in Arizona?

How much money should you give a contractor up front?

What can a handyman legally do in AZ?

How much of a deposit should you give a contractor?

How much can an unlicensed contractor charge in Arizona?

Is it normal for contractor to ask for half up front?

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Arizona Contractor

Description Az Contractor Form

Contractor Form Bundle Related forms

Related legal definitions

How to fill out Arizona Renovation Contractor Package?

Show more info

Trusted and secure by over 3 million people of the world’s leading companies