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Contractor Payment Terms Checklist

Check the payment structure before the first dollar moves.

Print this page, or use it on your phone during the conversation. No email required.

Checklist

ItemAnswer
Deposit amount and what it buys
Refund conditions in writing
Draws tied to milestones
Retainage until punch list complete
Receipts for every payment
Lien waivers before final payment
Final payment tied to closed permit
Traceable payment method

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Educational checklist only. Not legal, engineering, pricing, contractor-vetting, or building-code advice. This does not decide whether a price is fair or which contractor to hire. Verify everything with your own licensed professional and your local building department.