What are common contractual disputes that arise in residential construction?

The selection of payment issues and project delays as common contractual disputes in residential construction is accurate because these factors often lead to significant conflicts between builders and homeowners. Payment issues can arise for several reasons, such as failure to make timely payments, disputes over the amounts billed, or disagreements over the completion of work relative to payment milestones. When one party withholds payment, it can lead to delays in the project schedule as the builder may not have sufficient funds to continue work, leading to a cycle of conflict.

Project delays are also frequent sources of disputes, as they can stem from numerous causes including weather conditions, material shortages, or miscommunication regarding timelines. Delays not only affect the project's timetable but can also lead to increased costs for both the builder and the homeowner, contributing to further disagreements. In this context, these two issues embody the intersection of financial and logistical elements in residential construction projects, making them particularly prone to disputes.