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Question DetailsAsked on 3/2/2012

Should a contractor require a deposit when signing a contract for work and if so should the amount be negotiable?

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Anything is negotiable. I'm a flooring dealer/contractor, what happens if you change your mind on a color carpet, hardwood, or tile? Without a deposit no dealer will order your materials as there are 20% restocking fees freight and fuel surcharges that is not refundable. In my case, You will pay for the materials COD (deposit and COD in full), the balance is the labor due at completion.

Not many legitamate or professional contractors will work in advance for a few days and chase after your for payment. Many deals are clearly written out.


Answered 7 years ago by floortoceilingandrew




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