Understanding Contract Terminology: Essential Terms You Should Know

  • AIA Contract Documents
Digital contract review on laptop for construction project management.

Whether you are an architect, owner, contractor, subcontractor or engineer, a comprehensive contract is one of the first steps to any successful construction project. Whether you are drafting a contract or reviewing one, becoming familiar with common terminology will help you understand the contract as a whole reflecting the shared intentions of the parties involved.

Geared towards construction contract novices, this webinar walks you through basic terminology that you may recognize but not fully understand.

Disclaimer: The information contained in this article is for general informational purposes only, and the views contained herein are the author’s own. It is not legal advice or legal opinion; it does not create any attorney-client relationship; and it may not be used to indicate any intent or to inform any interpretation of ACD’s documents or services, which the AIA Documents Committee separately creates. If you need advice, seek the help of an attorney or other qualified professional who can help you make decisions based on the specifics of your situation.

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