TRUST YOUR GUT: Chapter Twelve, Stop Warranty Work On Unpaid Jobs

About this episode

Karalynn Cromeens discusses the importance of warranties in construction contracts and how to protect your business from warranty-related issues.

Warranties should protect your business, not bankrupt it. Karalynn breaks down express and implied warranties, how to limit what you're on the hook for, why no warranty starts before full payment, and how to separate maintenance issues from true defects. Grab Karalynn's new book Trust Your Gut here . Follow Karalynn Cromeens on Facebook here . Follow Karalynn Cromeens on Instagram here . Follow Karalynn Cromeens on LinkedIn here . Watch the show on YouTube here . Learn more about The Cromeens Law Firm here , and subscribe to our newsletter ! Key Takeaways 1. A warranty is your legal obligation to fix defective work or materials for a defined period after completion. 2. Residential contractors have both express warranties (what you say or write) and implied warranties created by law. 3. You can limit warranties by stating only promises in the contract apply and no outside verbal promises are honored. 4. Implied warranties can often be disclaimed to the fullest extent allowed by law, depending on your state. 5. Your contract should state that the warranty does not begin until the job is complete and paid in full. 6. You should reserve the right to decide whether issues are handled…

People in this episode

Host: Karalynn Cromeens

Topics covered

• warranties
• construction law
• contract management
• business protection
• defects vs maintenance

Keywords

• warranty
• construction
• contract
• defects
• maintenance
• payment
• legal obligation

Mentioned in this episode

Organizations: The Cromeens Law Firm

Products: Trust Your Gut

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