After renovation, leave some balance money to the decoration company to prevent quality problems in the later period after renovation. If the decoration has quality problems, it can be deducted from the final payment. Generally, before renovation, the decoration owner will sign the renovation contract with the decoration company, and there will be payment time in the contract.

The specific payment time is determined by the decoration owner and the decoration company through consultation. If the decoration owner determines that it is possible, it will be implemented according to the time specified by the decoration company. The practice of some decoration companies is to pay all the money after the decoration, and some decoration companies leave about 5% of the money as the final payment, and customers will pay after the shelf life.

At present, decoration funds are generally paid in installments, which can ensure the interests of both parties. Renovation funds are mainly divided into four processes, namely, start-up advance payment, mid-term progress payment, late progress payment and final payment after completion. Among them, the construction advance payment is paid after the renovation project starts, which is mainly used for basic materials and some labor costs, generally accounting for 30%. The intermediate progress payment is basically completed in the foundation project, and it is paid before the bricklayer enters the site, generally accounting for 35%, and the later progress payment is delivered before the paint enters the site, generally accounting for 30%. Generally, after the project is completed, the completion acceptance is qualified, and the site is cleared, 5% of the final payment for decoration is paid. If the acceptance is unqualified, it will be paid after the rectification is qualified.

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