I scanned the contract and sent it to my brother-in-law to look over. He,
on his own initiative (and his own dime, bless him), showed it to his
lawyer. The lawyer agreed that with the exception of the "owner will
irrevocably transfer all insurance proceeds to the builder" section, it's
not a bad contract. The lawyer added some penalties for work delays, some
requirements to follow New York city and state labor laws, and to get all
permits. Nothing that I find too unreasonable. Now we have to see if the
builder agrees.
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