SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (18408)3/10/2004 1:09:14 PM
From: TradeliteRead Replies (1) | Respond to of 306849
 
Yep, the one-third thing seems to be the rule. I recall becoming positively irate when the landscape company wanted a third upfront yet said work would start two months from then. That would be August, and weather had nothing to do with when they wanted to start the job. They were just "too busy". Saw no reason to have them sitting on my money for two months. "But we usually get that amount." Not this time!



To: GraceZ who wrote (18408)3/10/2004 7:10:20 PM
From: broadstbullRead Replies (2) | Respond to of 306849
 
A third when you sign, a third when the sheetrock goes up, a third when it passes inspection. Anything else is asking to be raped, IMO.



To: GraceZ who wrote (18408)3/10/2004 10:10:26 PM
From: David JonesRead Replies (1) | Respond to of 306849
 
>A lot of contracts read a third when you sign<<

By law in California it's 10% or a thousand which ever is least at signing. Pay structure from there on should be spelled out in the contract. Along with a completion date.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News