A Residential Remodeling Contract Template is a standard document used to outline the agreement between a homeowner and a contractor for a remodeling project. It outlines the scope of the project, the materials and services to be provided, the payment schedule, and any other relevant details. The contract is legally binding and should be reviewed by both parties prior to signing. There are two main types of Residential Remodeling Contract Template: fixed-price and cost-plus. Fixed-price contracts outline a single price for the entire project, while cost-plus contracts outline the project’s costs and a markup fee for the contractor’s services. Additionally, some remodeling contracts may include a warranty, a payment schedule, and other relevant details.