Payment terms to put on every contractor quote
A short list of payment terms that prevent most arguments later.
- State the deposit up front. Say how much, when it is due and what it covers.
- Define milestones. For longer jobs, tie each payment to a clear stage.
- Set the due date. Spell out when the final balance is due after completion.
- Explain late payment. State what happens if an invoice goes unpaid.
Common questions
Are deposit limits regulated?
Many states set limits or rules; check yours and verify with your attorney.
Should terms be in writing?
Yes; written terms signed by the customer avoid confusion.
See also the contractor guides and free tools.
General information, not legal or financial advice. Verify with your attorney or accountant.
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