Section 520.73 of the Florida Statutes
Home improvement contract; form and content; separate disclosures.
(1) Every home improvement contract shall be evidenced by a written agreement and shall be signed by the parties. The home improvement contract shall be in the form approved by the office and shall contain:
(a) The name, address, and license number of the home improvement finance seller;
(b) The names of the home improvement finance seller's employees who solicited or negotiated the home improvement contract;
(c) The approximate dates when the work will begin and will be completed; and
(d) A description of the work to be done and the materials to be used.
(2) The home improvement contract shall also contain:
(a) The "amount financed," using that term, and a brief description such as "the amount of credit provided to you or on your behalf." The amount financed is calculated by:
1. Determining the cash price, and subtracting any down payment;
2. Adding any other amounts that are financed by the creditor and that are not part of the finance charge; and
3. Subtracting any prepaid finance charge;
(b) The "finance charge," using that term, and a brief description such as "the dollar amount the credit will cost you";
(c) The "total of payments," using that term, and a descriptive explanation such as "the amount you will have paid when you have made all scheduled payments";
(d) In a credit sale, the "total sale price," using that term, and a descriptive explanation, including the amount of any down payment, such as "the total price of your purchase on credit, including your down payment of $_____." The total sale price is the sum of the cash price, the items described in subparagraph (a)2., and the finance charge disclosed under paragraph (b);
(e) The amount of any money provided for debt consolidation;
(f) The interest charge for the amount advanced for debt consolidation;
(g) The total amount due under the home improvement contract, which shall be stated as a sum in dollars, less any down payment;
(h) The number of monthly payments and the amount of each payment; and
(i) The description of any collateral security taken or to be taken for the owner's obligation under the home improvement contract.
Except for the requirements of subsection (1) and the provisions of subsection (3) which provide for a separate written itemization of the amount financed, a contract which complies with the federal Truth in Lending Act, 15 U.S.C. ss. 1601 et seq., or any accompanying regulations shall be deemed to comply with the provisions of this subsection and subsection (3). However, in any proceeding to enforce the provisions of this section, the burden of alleging and proving compliance with the federal Truth in Lending Act shall be on the party claiming compliance.
A Hillsborough Florida Home Improvement Contract — Self-Employed is a legally binding agreement between a homeowner and a self-employed contractor for home improvement services in the Hillsborough County area, Florida. This contract outlines the specific details of the project, including the scope of work, cost, timeline, and other important terms and conditions. Keywords: Hillsborough Florida, home improvement, contract, self-employed, homeowner, contractor, Hillsborough County, project, scope of work, cost, timeline, terms and conditions. There are various types of Hillsborough Florida Home Improvement Contracts — Self-Employed that can be tailored to different types of projects and services. These may include: 1. Renovation Contract: This type of contract is suitable for homeowners looking to renovate their existing home by making significant changes to the structure, layout, or design. It may include remodeling rooms, adding new features, and updating the overall appearance of the property. 2. Repair Contract: A repair contract is commonly used when there are specific areas or components of the home that need fixing or restoration. It outlines the repairs required, materials to be used, and the costs involved. 3. Remodeling Contract: This contract is applicable when homeowners want to make substantial changes to their property, often involving multiple areas or rooms. It covers the renovation or alteration of existing spaces to meet the homeowner's desired outcome. 4. Construction Contract: A construction contract is typically for larger projects that involve building new structures or additions to existing ones. It includes detailed plans, permits, specifications, and construction schedules. 5. Maintenance Contract: This type of contract is for homeowners seeking ongoing maintenance services for their properties, such as periodic inspections, repairs, and general upkeep. Regardless of the specific type of Hillsborough Florida Home Improvement Contract — Self-Employed, it is essential for both the homeowner and the contractor to carefully review and understand all the terms and conditions before signing. This contract protects both parties' interests, ensures a clear understanding of the project scope, and establishes proper expectations for all involved.A Hillsborough Florida Home Improvement Contract — Self-Employed is a legally binding agreement between a homeowner and a self-employed contractor for home improvement services in the Hillsborough County area, Florida. This contract outlines the specific details of the project, including the scope of work, cost, timeline, and other important terms and conditions. Keywords: Hillsborough Florida, home improvement, contract, self-employed, homeowner, contractor, Hillsborough County, project, scope of work, cost, timeline, terms and conditions. There are various types of Hillsborough Florida Home Improvement Contracts — Self-Employed that can be tailored to different types of projects and services. These may include: 1. Renovation Contract: This type of contract is suitable for homeowners looking to renovate their existing home by making significant changes to the structure, layout, or design. It may include remodeling rooms, adding new features, and updating the overall appearance of the property. 2. Repair Contract: A repair contract is commonly used when there are specific areas or components of the home that need fixing or restoration. It outlines the repairs required, materials to be used, and the costs involved. 3. Remodeling Contract: This contract is applicable when homeowners want to make substantial changes to their property, often involving multiple areas or rooms. It covers the renovation or alteration of existing spaces to meet the homeowner's desired outcome. 4. Construction Contract: A construction contract is typically for larger projects that involve building new structures or additions to existing ones. It includes detailed plans, permits, specifications, and construction schedules. 5. Maintenance Contract: This type of contract is for homeowners seeking ongoing maintenance services for their properties, such as periodic inspections, repairs, and general upkeep. Regardless of the specific type of Hillsborough Florida Home Improvement Contract — Self-Employed, it is essential for both the homeowner and the contractor to carefully review and understand all the terms and conditions before signing. This contract protects both parties' interests, ensures a clear understanding of the project scope, and establishes proper expectations for all involved.
