Renovation payment term

[chengp 0]

Hi fellow house owners,

If the reno contract states 45% upon completion of tiling works/measurement and fabrication of wood joinery works, does it mean payment to be made after carpentry work is completed without issues?

Thanks.

[supreme90 4]

Hi chengp,

yes normally the big sum will only be paid after carpentry is done and satisfied. That is the standard practice i seen for all my quotations last time.
however of course, if you have any doubt, you should ask the ID for clarification to prevent any misunderstanding.

[chengp 0]

Thanks supreme90, would like hear more from others if that's the standard market practise.

[Zeerletoma 0]

Visa and MasterCard can detect a fraudulent transaction almost immediately and paypal has no problem blocking a small business account for no apparent reason and calls it "fraud protection". If earlier I wanted to use this payment system, now I have no desire to do it.