What can a builder do to protect themselves during a residential construction project?

Keeping detailed records of all transactions is an essential practice for builders during a residential construction project. This approach serves several important functions: it provides a clear account of the materials purchased, the labor performed, agreements made with customers, changes to contracts, and payments received. These records can help resolve disputes that may arise during or after the project. In case of legal issues, having comprehensive documentation can serve as evidence to support the builder’s claims and decisions.

Moreover, detailed records facilitate better project management, ensuring that budgets are adhered to and timelines are met. It enhances communication and transparency with clients, fostering stronger relationships and contributing to a smoother operation. Such meticulous attention to documentation not only aids in compliance with regulations but also helps in verifying that the project aligns with the specified plans and contractual obligations.