A-03Legend

Legend

The vocabulary of home projects, one symbol at a time.

TermMeaning
AddendumA written change or addition to an agreement, signed by both sides.
AllowanceA set amount in an estimate for items not yet chosen, such as tile or lighting.
Building departmentThe local office that reviews plans, issues permits and inspects work.
Change orderA written record of a change to the scope, with its price and schedule effect.
CodeThe set of local rules for how buildings must be built and altered.
ContingencyMoney set aside, apart from the main budget, for surprises found during work.
DepositAn up-front payment. Limits and customs vary by state.
EstimateA written, approximate price for described work. May or may not be fixed.
ExclusionSomething the price does not include.
InspectionA check by the local authority that work meets code at a set stage.
LicenseOfficial permission to work in a trade, where a state or locality requires it.
LienA legal claim against property for unpaid work or materials. Rules vary by state.
PermitOfficial approval from the local authority to carry out certain work.
Punch listA written list of small items left to finish or fix at the end of a project.
Scope of workThe written description of the tasks included in a project.
Soft costsProject costs other than materials and labor, such as permits and design.
SubcontractorA tradesperson hired by the main contractor for part of the work.
WarrantyA written promise about the work or product, with its length and limits.

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