A building contract is a legal agreement between a client and a contractor that outlines the terms and conditions for a construction project. It specifies the scope of work, timelines, payment schedules, and responsibilities of each party. This contract helps ensure that both parties understand their obligations and protects their interests throughout the project. There are different types of building contracts, such as lump sum, cost-plus, and design and build contracts. Each type has its own advantages and is suited for different project needs. Clear communication and detailed documentation in a building contract can help prevent disputes and ensure a successful project completion.