North Carolina Concrete Mason Contract for Contractor
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FAQ
The North Carolina Licensing Board does not have full reciprocity with any other state. We currently have examination waiver agreements with South Carolina, Tennessee, Louisiana, Georgia, and Mississippi (see details regarding exam waivers).
You shouldn't pay more than 10 percent of the estimated contract price upfront, according to the Contractors State License Board.
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.
If the contractor requests a large sum of money before work has begun, Mozen says you should ask specifically what types of work or materials those payments are covering.Contractors sometimes have other motives, other than purchasing materials, when they ask for large amounts of money in advance, Fowler says.
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.
North Carolina requires that anyone who contracts with another person or entity to construct or make improvements to any building, highway, or public utilities, including grading, or who undertakes to superintend or manage such activities, be licensed as a general contractor if the work costs $30,000 or more.
The maximum allowed is $10,000. Also, contractors that have provided materials and labor to property may have lien rights against the real property.
Current Law: North Carolina law currently requires any building construction or alteration project costing $30,000 or more to be superintended (supervised and managed) by a general contractor licensed in this state.This duty can only be delegated to a general contractor licensed in this state.