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Podcast: The Real Estate Espresso Podcast
Episode: Keeping Your Contractor In Line
Description: On today’s show we are talking about the elements of negotiating a construction contract, specifically using the industry standard AIA contract forms.
I’ve heard a number of people insist on using the industry standard AIA contracts. These industry standard contracts are supposed to be a fair contract that is not one-sided favouring neither the owner nor the general contractor.
I compare the AIA contract to the standard real estate board purchase and sale agreement template. Nobody would ever use the standard real estate board contracts without alteration. They are, after all, just a blank...