Rock the Georgia Residential Contractor Exam 2026 – Build Your Success Blueprint!

A valid construction contract is fundamentally built on the principles of offer, acceptance, consideration, and mutual consent. These elements ensure that there is a clear agreement between the parties involved, outlining their obligations and expectations.

Offer refers to one party proposing the terms of the contract, while acceptance means that the other party agrees to those terms. Consideration is the value exchanged, which can be money, services, or goods. Mutual consent indicates that both parties fully understand and agree to the terms without coercion.

While elements like design approval, building permits, material specifications, and zoning approvals are important for the practical execution of a construction project, they do not constitute the foundational legal requirements for forming a binding contract. Without the core elements of offer, acceptance, consideration, and mutual consent, a valid contract cannot be established, regardless of any other accompanying documents or approvals.