Home improvement contractors are generally companies that manage and construct improvements to existing residences—whether kitchens, bathrooms, bedrooms, or complete remodels.
A contract for home improvement includes a description of the scope of the work to be performed; the materials to be used; the general contractor’s obligations to hire and manage subcontractors to construct the various components of the building; the payment terms for the construction of the building and the management of the construction; the time for completion of the work; insurance requirements; and the filing and removal of mechanic’s and materialmen’s liens (also known as construction liens or contractor liens) for labor and materials provided to improve the real estate.
In Nevada, home improvement contractors must be licensed by the Nevada State Contractors Board to legally perform work on residential properties. The licensing process includes passing a trade examination, providing proof of experience, and obtaining a bond. Contracts for home improvement must be in writing and include specific details such as the scope of work, materials to be used, payment terms, and a timeline for completion. Nevada law requires that the contract also contains information about the contractor's obligations regarding subcontractors, insurance requirements, and the handling of mechanic's and materialmen's liens. These liens are a legal claim against a property for unpaid work or materials and can be filed by contractors, subcontractors, or suppliers. The contractor must provide a notice of right to lien to the homeowner, which informs them of the possibility that a lien could be placed on their property if bills are not paid. To protect homeowners, Nevada law also has a Residential Recovery Fund, which can provide financial assistance to homeowners who have suffered losses due to the actions of a licensed contractor.