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Glossary

Shelves of books in a library — Photo: Unsplash License. Illustration of the topic, not a service endorsement.

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Scope of work: Description of what will be done.
Change order: Written change to a contract.
Permit: Government approval for work.
Lien: Legal claim on property.
Lien waiver: Document giving up lien rights.
Bid: A contractor's price for the work.
Deposit: Money paid up front.
Licensing board: Agency overseeing contractors.
Cooling-Off Rule: FTC rule allowing cancellation of certain home sales.
Punch list: List of final items to finish.