APRIL 2023 - Community Associations Newsletter - Quick Tips for Contract Review
Contracts are intended to define the agreement of the parties and to establish expectations regarding performance. Once signed, they form the legal terms by which the parties are bound. Many vendors use form contracts that are incomplete in the terms and conditions or are very one-sided to the benefit of the contractor and the detriment of the Association. As a result, it is necessary to review all contracts- even those currently in