This course explains the principles of contract law and the important elements of a home building and remodeling contract and the difference between various contracts used in the residential construction industry. Requirements and types of insurance are also covered in this course, as well as the details of Workers Compensation.
This Course Covers:
- Contracts – their terms, documents, samples, pricing and what is required
- Request for Proposal and sample RFP
- Fundamentals of Contract Law
- Written and Oral Contracts
- Offer and Acceptance
- Void and Voidable Contracts
- Contract Laws, statutes of limitations, Truth in Lending Act and prohibited conduct
- Insurance, Surety Bonds, Homeowner’s, Auto, No-fault and Health Insurance and Workers’ Compensation
- Foreclosure Due to Non-Payment or Delinquent Taxes
- Health Insurance with HSA
- Warranties, breach of warranty, remedies and guidelines
- Breach of Warranty
- Construction defects and delays
- Failure to submit change orders, abandoning the job after payment and failure to pay subcontractors
- Abandoning the job after receiving payment
- Arbitration, mediation, adjudication and court proceedings
Course ID(s): 23094
Approved By: Department of Safety & Professional Services - Commercial Buildings
- Contracts, Liabilities, and Risk Management
- Module 1: Contracts and Contract Terms [8 Activities]
- 01. Contracts and Contract Terms, Part 1
- 02. Contracts and Contract Terms, Part 2
- 03. Contracts
- 04. Contract to Build a House, Part 1
- 05. Contract to Build a House, Part 2
- 06. Contract to Build a House, Part 3
- 07. Contract to Build a House, Part 4
- 08. Contract to Build a House, Part 5
- Module 1 Assessment (30 questions)
- Module 2: Request for Proposal [2 Activities]
- 01. Request for Proposal
- 02. RFP Letter of Intent (LOI)
- Module 2: Assessment (6 questions)
- Module 3: Fundamentals of Contract Law [3 Activities]
- 01. Fundamentals of Contract Law, Part 1
- 02. Fundamentals of Contract Law, Part 2
- 03. Fundamentals of Contract Law, Part 3
- Module 3: Assessment (15 questions)
- Module 4: Bars to Contracts [6 Activities]
- 01. Bars to Contracts, Part 1
- 02. Bars to Contracts, Part 2
- 03. Contract Forms
- 04. Home Solicitation Act
- 05. Other Acts
- 06. Owner Built Residence Transfer Act
- Module 4: Assessment (15 questions)
- Module 5: Insurance [2 Activities]
- 01. Insurance, Part 1
- 02. Insurance, Part 2
- Module 5: Assessment (10 questions)
- Module 6: Additional Insurances [3 Activities]
- 01. Additional Insurances
- 02. Basic No-Fault Insurance
- 03. HDHP Health Insurance with HSA
- Module 6: Assessment (13 questions)
- Module 7: Foreclosure [1 Activities]
- 01. Foreclosure
- Module 7: Assessment (5 questions)
- Module 8: Warranties [4 Activities]
- 01. Warranties
- 02. Express Warranties
- 03. Implied Warranties
- 04. Breach of Warranty
- Module 8: Assessment (15 questions)
- Module 9: Common Disputes and Dispute Resolution [3 Activities]
- 01. Common Construction Disputes
- 02. Dispute Resolution
- 03. Damages
- Module 9: Assessment (14 questions)
- Module 1: Contracts and Contract Terms [8 Activities]
- Course Completion
- Mandatory Questionnaire
- Certificate of Completion
