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 Palm Bay Florida Home Improvement Contract — Self-Employed is a legally binding agreement between a self-employed contractor and a homeowner in Palm Bay, Florida, for performing home improvement services. This contract outlines the terms and conditions of the project, ensuring both parties are aware of their rights and responsibilities throughout the construction or renovation process. The primary purpose of a Palm Bay Florida Home Improvement Contract — Self-Employed is to protect all parties involved by clearly defining the scope of work, project timeline, payment details, and any other specific terms agreed upon. This contract plays a crucial role in maintaining transparency, avoiding disputes, and ensuring the successful completion of the home improvement project in Palm Bay, Florida. Keywords: Palm Bay Florida, home improvement contract, self-employed, legally binding agreement, contractor, homeowner, construction, renovation, project, terms and conditions, rights, responsibilities, scope of work, project timeline, payment details, disputes, successful completion. Types of Palm Bay Florida Home Improvement Contract — Self-Employed: 1. Major Renovation Contract: This type of contract is used when significant alterations or improvements are planned for the property, such as adding a new room, remodeling the kitchen or bathroom, or expanding the living space. It covers extensive work and requires detailed project specifications and cost estimates. 2. Minor Repair Contract: This contract is suitable for smaller projects that involve minor repairs or upgrades to the home, like fixing a leaky faucet, replacing light fixtures, or painting a room. It outlines the specific tasks to be completed, materials to be used, and the fixed or hourly rate for the contractor's service. 3. Landscape Improvement Contract: For homeowners looking to enhance their outdoor living space, a landscape improvement contract is utilized. It covers various landscaping projects such as installing a patio, constructing a retaining wall, planting trees and shrubs, or building a deck. This contract ensures that all landscaping work follows the desired design and adheres to local regulations. 4. Energy Efficiency Contract: With a growing emphasis on eco-friendly homes, an energy efficiency contract helps homeowners make improvements that reduce energy consumption and lower utility bills. It may include projects like installing solar panels, upgrading insulation, replacing windows, or updating HVAC systems. 5. Maintenance and Service Contract: This type of contract is tailored for ongoing home maintenance or service needs. It outlines the responsibilities of the self-employed contractor to regularly perform tasks such as gutter cleaning, air conditioning system maintenance, pool cleaning, or seasonal landscaping, ensuring the proper upkeep of the property. Keywords: major renovation contract, minor repair contract, landscape improvement contract, energy efficiency contract, maintenance and service contract, alterations, remodeling, repairs, upgrades, project specifications, cost estimates, tasks, materials, fixed rate, hourly rate, outdoor living space, design, eco-friendly, energy consumption, utility bills, ongoing maintenance, service needs, responsibilities, property upkeep.A Palm Bay Florida Home Improvement Contract — Self-Employed is a legally binding agreement between a self-employed contractor and a homeowner in Palm Bay, Florida, for performing home improvement services. This contract outlines the terms and conditions of the project, ensuring both parties are aware of their rights and responsibilities throughout the construction or renovation process. The primary purpose of a Palm Bay Florida Home Improvement Contract — Self-Employed is to protect all parties involved by clearly defining the scope of work, project timeline, payment details, and any other specific terms agreed upon. This contract plays a crucial role in maintaining transparency, avoiding disputes, and ensuring the successful completion of the home improvement project in Palm Bay, Florida. Keywords: Palm Bay Florida, home improvement contract, self-employed, legally binding agreement, contractor, homeowner, construction, renovation, project, terms and conditions, rights, responsibilities, scope of work, project timeline, payment details, disputes, successful completion. Types of Palm Bay Florida Home Improvement Contract — Self-Employed: 1. Major Renovation Contract: This type of contract is used when significant alterations or improvements are planned for the property, such as adding a new room, remodeling the kitchen or bathroom, or expanding the living space. It covers extensive work and requires detailed project specifications and cost estimates. 2. Minor Repair Contract: This contract is suitable for smaller projects that involve minor repairs or upgrades to the home, like fixing a leaky faucet, replacing light fixtures, or painting a room. It outlines the specific tasks to be completed, materials to be used, and the fixed or hourly rate for the contractor's service. 3. Landscape Improvement Contract: For homeowners looking to enhance their outdoor living space, a landscape improvement contract is utilized. It covers various landscaping projects such as installing a patio, constructing a retaining wall, planting trees and shrubs, or building a deck. This contract ensures that all landscaping work follows the desired design and adheres to local regulations. 4. Energy Efficiency Contract: With a growing emphasis on eco-friendly homes, an energy efficiency contract helps homeowners make improvements that reduce energy consumption and lower utility bills. It may include projects like installing solar panels, upgrading insulation, replacing windows, or updating HVAC systems. 5. Maintenance and Service Contract: This type of contract is tailored for ongoing home maintenance or service needs. It outlines the responsibilities of the self-employed contractor to regularly perform tasks such as gutter cleaning, air conditioning system maintenance, pool cleaning, or seasonal landscaping, ensuring the proper upkeep of the property. Keywords: major renovation contract, minor repair contract, landscape improvement contract, energy efficiency contract, maintenance and service contract, alterations, remodeling, repairs, upgrades, project specifications, cost estimates, tasks, materials, fixed rate, hourly rate, outdoor living space, design, eco-friendly, energy consumption, utility bills, ongoing maintenance, service needs, responsibilities, property upkeep.
