A punch list is a document that is often created to list key milestones in construction, especially right before the project is finished. A punch list can also go by many other names, such as the deficiency list, snag list, or punch-out list.
This list is usually made by the owner, contractor, architect, or any other stakeholder during the final tour and visual inspection of the property.
The punch list spells out work that has not been completed correctly, or does not conform to the contract specifications. It typically includes repairs, alterations, and unaddressed items that need to be finished before the final payment will be released. Continue reading “What Is a Punch List?”