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.
Orlando, Florida Home Improvement Contract — Self-Employed: A Comprehensive Guide to Enhancing Your Home Are you a self-employed contractor in Orlando, Florida, specializing in home improvements? If so, it is crucial to understand the importance of having a well-structured home improvement contract to protect both you and your clients. A home improvement contract serves as a legally binding agreement between you, the contractor, and the homeowner, outlining the terms and conditions of the project. Types of Orlando, Florida Home Improvement Contracts for Self-Employed Contractors: 1. General Home Improvement Contract: A general home improvement contract is a versatile agreement that covers a wide range of projects. It typically includes details such as the scope of work, project timeline, pricing, payment schedule, and any warranties or guarantees. 2. Kitchen and Bathroom Remodeling Contract: For self-employed contractors specializing in kitchen and bathroom remodels, having a specific contract tailored to these types of projects is essential. This contract may include specific considerations like plumbing and electrical work, appliance installation, cabinet and countertop specifications, and detailed project plans. 3. Roofing and Siding Contract: Contractors specializing in roofing and siding projects should utilize a contract that focuses on these areas. This agreement may cover aspects such as roof or siding materials, installation techniques, removal and disposal of existing materials, and adherence to local building codes. 4. Flooring Installation Contract: Flooring contractors can benefit from a contract that specifically addresses the installation and maintenance of various flooring materials like hardwood, laminate, tile, or vinyl. This contract might outline the scope of work, specific flooring products to be used, prep work required, and disposal of old flooring materials. 5. Outdoor Living Space Contract: For contractors specialized in creating outdoor living spaces such as decks, patios, or landscaping, having a tailored agreement is crucial. This contract may include elements such as design and layout plans, materials selection, permit requirements, irrigation systems, and landscaping installation. Key Components of an Orlando, Florida Home Improvement Contract — Self-Employed: 1. Contact Information: Include the full names, addresses, and contact details of both parties involved, including the contractor and homeowner. 2. Scope of Work: Clearly define the scope of the project to avoid any confusion. This includes a detailed description of the tasks to be performed, starting with demolition or preparation work (if applicable) to the final completion of the project. 3. Project Timeline: Specify the expected start and completion dates of the project. Include milestones or deadlines for specific project phases if necessary. 4. Pricing and Payment Schedule: Outline the total project cost, including any applicable taxes or fees. Clearly define the payment schedule, including the amount due at different project stages or milestones. 5. Material and Labor: Specify the types and quality of materials to be used in the project. Include any relevant warranties or guarantees associated with the materials and the labor involved. 6. Permits and Approvals: Clearly state which party will be responsible for obtaining the necessary permits and approvals required for the project. 7. Change Orders: Establish a process for handling any changes or modifications to the original contract. Include provisions for documenting and approving change orders as well as any associated cost adjustments. 8. Dispute Resolution: Include provisions for resolving disputes, including mediation or arbitration, should any conflicts arise during the project. By incorporating these key components into your Orlando, Florida Home Improvement Contract — Self-Employed, you can ensure a smooth and successful home improvement project. Remember to consult with an attorney or legal professional to ensure your contract meets all local, state, and federal regulations and adequately protects the interests of all parties involved.Orlando, Florida Home Improvement Contract — Self-Employed: A Comprehensive Guide to Enhancing Your Home Are you a self-employed contractor in Orlando, Florida, specializing in home improvements? If so, it is crucial to understand the importance of having a well-structured home improvement contract to protect both you and your clients. A home improvement contract serves as a legally binding agreement between you, the contractor, and the homeowner, outlining the terms and conditions of the project. Types of Orlando, Florida Home Improvement Contracts for Self-Employed Contractors: 1. General Home Improvement Contract: A general home improvement contract is a versatile agreement that covers a wide range of projects. It typically includes details such as the scope of work, project timeline, pricing, payment schedule, and any warranties or guarantees. 2. Kitchen and Bathroom Remodeling Contract: For self-employed contractors specializing in kitchen and bathroom remodels, having a specific contract tailored to these types of projects is essential. This contract may include specific considerations like plumbing and electrical work, appliance installation, cabinet and countertop specifications, and detailed project plans. 3. Roofing and Siding Contract: Contractors specializing in roofing and siding projects should utilize a contract that focuses on these areas. This agreement may cover aspects such as roof or siding materials, installation techniques, removal and disposal of existing materials, and adherence to local building codes. 4. Flooring Installation Contract: Flooring contractors can benefit from a contract that specifically addresses the installation and maintenance of various flooring materials like hardwood, laminate, tile, or vinyl. This contract might outline the scope of work, specific flooring products to be used, prep work required, and disposal of old flooring materials. 5. Outdoor Living Space Contract: For contractors specialized in creating outdoor living spaces such as decks, patios, or landscaping, having a tailored agreement is crucial. This contract may include elements such as design and layout plans, materials selection, permit requirements, irrigation systems, and landscaping installation. Key Components of an Orlando, Florida Home Improvement Contract — Self-Employed: 1. Contact Information: Include the full names, addresses, and contact details of both parties involved, including the contractor and homeowner. 2. Scope of Work: Clearly define the scope of the project to avoid any confusion. This includes a detailed description of the tasks to be performed, starting with demolition or preparation work (if applicable) to the final completion of the project. 3. Project Timeline: Specify the expected start and completion dates of the project. Include milestones or deadlines for specific project phases if necessary. 4. Pricing and Payment Schedule: Outline the total project cost, including any applicable taxes or fees. Clearly define the payment schedule, including the amount due at different project stages or milestones. 5. Material and Labor: Specify the types and quality of materials to be used in the project. Include any relevant warranties or guarantees associated with the materials and the labor involved. 6. Permits and Approvals: Clearly state which party will be responsible for obtaining the necessary permits and approvals required for the project. 7. Change Orders: Establish a process for handling any changes or modifications to the original contract. Include provisions for documenting and approving change orders as well as any associated cost adjustments. 8. Dispute Resolution: Include provisions for resolving disputes, including mediation or arbitration, should any conflicts arise during the project. By incorporating these key components into your Orlando, Florida Home Improvement Contract — Self-Employed, you can ensure a smooth and successful home improvement project. Remember to consult with an attorney or legal professional to ensure your contract meets all local, state, and federal regulations and adequately protects the interests of all parties involved.
