Who should sign the contract?
Who should sign the contract?
(OP)
I have my first official investigation tomorrow for a realtor, where the current owner is the actual client. The realtor is meeting me there tomorrow - the owner won't be there. If you do this type of work, do you have the realtor sign the contract as a representative of the owner? Or do you mail the owner the contract?





RE: Who should sign the contract?
The Realtor is just doing a favor.
BTW - I usually demand at least half up front. I am guessing the "owner" wants to buy the building. So - while he is your client - he isn't the actual owner.
If your report comes back "bad" in the sense he no longer wants to purchase the property - you might not get paid.
RE: Who should sign the contract?
RE: Who should sign the contract?
Then I would ask for 1/2 up front and the remainder on completion of report.
If you need to - you could always file in small claims and put a lien on the house.
BUT if you can get most up front - more power to you.
RE: Who should sign the contract?
I would tend to think that 50% in cash up front is significantly better than a check in full not cashed until the end. If nothing else, your 50% could be earning some interest while you're creating the report.
TTFN
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RE: Who should sign the contract?
Keep in mind that you might not have any lien rights. Our lien rights as professionals is not always the same as the typical "mechanic's lien". Check your state law on the subject. In some cases, for a professional to have lien rights, there must be improvement of the property.
You might want to consider using a standard retainer agreement for such work. I use one for most litigation or investigative work.
Are you doing a property condition assessment as in ASTM E2018 or are you doing a "home inspection"?
RE: Who should sign the contract?
Ron, do you have a favorite retainer agreement you could point me to? I'll do a google search as well.
RE: Who should sign the contract?
Attached is the retainer agreement I use. Following will be two additional attachments...1st is a corresponding contract with general conditions and the 2nd is my booklet on contract review. Hope you find them all useful....
Ron
RE: Who should sign the contract?
RE: Who should sign the contract?
RE: Who should sign the contract?