Punch List
Also known as: Snag List, Deficiency List, Completion List
A list of items that need to be fixed, finished, or corrected in a newly built home, created during a walkthrough before or shortly after closing.
Detailed Explanation
A punch list is created during your walkthrough of the completed home. You and a builder representative walk through the home together, identifying everything that needs attention — from cosmetic issues to functional problems.
Common punch list items include paint touch-ups, scratched surfaces, misaligned doors or cabinets, caulking gaps, plumbing drips, and incomplete finishes.
The builder is expected to complete all punch list items, usually before closing or within a specified period after closing. Getting them resolved before closing gives you the most leverage.
In Your Contract
Look for "punch list," "deficiency list," "completion list," or "pre-closing walkthrough" provisions. Pay special attention to any limitations on the number of items, types of issues, or deadlines for submission.
Key Points
- 1A punch list documents everything that needs fixing before you move in.
- 2Be thorough — take photos and note every issue, no matter how small.
- 3Some contracts limit what can go on the punch list or how long you have to submit it.
- 4Items not on the punch list at closing may be considered waived.
- 5Getting items resolved before closing gives you the strongest position.
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