The contract you sign with the handyman or contractor should include the following elements:

• Itemize in detail all work to be done.
• Specify the type and brand of materials and finishes to be used.
• Include a specific timetable and ad in a penalty for late completion, or a reward for early completion.
• A fixed-price contract should specify the total cost of the job.
• A cost-plus contract should specify the cost of materials and labor. Payments should be dependent on work completed.
• Include a right of rescission, permitting you to back out of a contract within 72 hours of signing it, if you are not satisfied with the work.
• Ask for a certificate of insurance that guarantees that the contractor is covered.
• Include in the contract a warranty ensuring that the labor and materials are free from defects for at least a year.
• Include an arbitration clause, which delineates the method for resolving disputes.
• Include a release of liens clause, to ensure that you will not be responsible for liens filed against the contractor by suppliers or subcontractors.