Contracts for builders are important in New Jersey because they help to define what is expected of the builder by building's owner. A contract helps to define everyone's responsibility during the project and the remedies if people do not uphold their end of the bargain. Once a contract has been signed, people on both sides rely on the promises made in the contract. If those promises are broken, it is possible that a breach of contract has occurred and a lawsuit may be brought. These types of contract disputes can be complex and time consuming for contractors and businesses alike.