A final problem of financing should be considered, and that is the emergency which might arise should the contractor neglect to prosecute the work properly or fail to perform any provision of his contract. If such is the case, the owner should reserve the right in the contract, that after three days’ written notice to the contractor he may make good such deficiencies and deduct the cost from the payment due the contractor at that time. Of course every contract should provide for the owner’s right to terminate the contract should the contractor fail to do his work, or prove bankrupt, or persistently disregard laws, or continually violate the provisions of the contract. End of the Project Gutenberg EBook of The Construction of the Small House, by Harold Vandervoort Walsh