Contracts 101
Review your contracts regularly to ensure they spell out exactly what you are doing for a specific project.
Attorneys are aware of changes or new regulations that may necessitate a change in your contract. Plan to review your contracts at least every two to three years, Chillag says, unless regulatory changes force you to do so earlier. You can also keep your contracts up-to-date by periodically checking your state licensing board for any changes.
Nikki Golden is the marketing and communications manager for Des Plaines, Ill.-based NARI.
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