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.
When embarking on a home improvement project in Pompano Beach, Florida, it is crucial to have a formal agreement in place to protect both parties involved. A Pompano Beach Florida Home Improvement Contract — Self-Employed is a legally binding document that outlines the terms and conditions of the project between a homeowner and a self-employed contractor. This type of contract ensures that all parties understand their roles, responsibilities, and expectations throughout the duration of the project. It organizes the project details, work schedule, payment terms, and dispute resolution procedures, fostering a transparent and professional working relationship between the contractor and the homeowner. Key elements that should be included in a Pompano Beach Florida Home Improvement Contract — Self-Employed are: 1. Identification: The contract should include the full names, addresses, and contact information of both the contractor and the homeowner. 2. Description of Work: A detailed description of the home improvement project, including specific tasks, materials, and equipment needed. This section should provide sufficient clarity to ensure both parties are on the same page regarding the scope of work. 3. Timeline: A well-defined timeline is essential to ensure that the project progresses smoothly. This section should include start and completion dates, milestones, and any agreed-upon deadlines. 4. Payment Terms: This section outlines the total cost of the project, payment schedule, and any agreed-upon deposit. It's important to specify whether payments will be made in installments or upon completion of certain project milestones. 5. Change Orders: In the event of any changes to the original project scope or additional work requested by the homeowner, a change order should be documented. This section should outline how such changes will be handled, including any additional costs and time implications. 6. Permits and Insurance: The contract should state whether the contractor will be responsible for obtaining any necessary permits or insurance for the project. It is crucial to comply with local building codes and regulations. 7. Dispute Resolution: To avoid potential conflicts, the contract should include a dispute resolution clause outlining the procedure for resolving disagreements, such as mediation or arbitration. Different types of Pompano Beach Florida Home Improvement Contract — Self-Employed may vary based on the nature of the project. Some specific types could include: 1. Interior Remodeling Contract: Focusing on projects such as kitchen or bathroom remodeling, flooring installation, or interior redesigns. 2. Exterior Renovation Contract: Covering projects like roof replacement, window installation, landscaping, or deck construction. 3. Home Maintenance Contract: Suitable for ongoing or recurring maintenance tasks such as gutter cleaning, lawn care, or HVAC system servicing. By utilizing a Pompano Beach Florida Home Improvement Contract — Self-Employed specific to your project, you can ensure a clear understanding of the obligations, expectations, and rights of both parties involved, setting the stage for a successful and satisfying home improvement experience.When embarking on a home improvement project in Pompano Beach, Florida, it is crucial to have a formal agreement in place to protect both parties involved. A Pompano Beach Florida Home Improvement Contract — Self-Employed is a legally binding document that outlines the terms and conditions of the project between a homeowner and a self-employed contractor. This type of contract ensures that all parties understand their roles, responsibilities, and expectations throughout the duration of the project. It organizes the project details, work schedule, payment terms, and dispute resolution procedures, fostering a transparent and professional working relationship between the contractor and the homeowner. Key elements that should be included in a Pompano Beach Florida Home Improvement Contract — Self-Employed are: 1. Identification: The contract should include the full names, addresses, and contact information of both the contractor and the homeowner. 2. Description of Work: A detailed description of the home improvement project, including specific tasks, materials, and equipment needed. This section should provide sufficient clarity to ensure both parties are on the same page regarding the scope of work. 3. Timeline: A well-defined timeline is essential to ensure that the project progresses smoothly. This section should include start and completion dates, milestones, and any agreed-upon deadlines. 4. Payment Terms: This section outlines the total cost of the project, payment schedule, and any agreed-upon deposit. It's important to specify whether payments will be made in installments or upon completion of certain project milestones. 5. Change Orders: In the event of any changes to the original project scope or additional work requested by the homeowner, a change order should be documented. This section should outline how such changes will be handled, including any additional costs and time implications. 6. Permits and Insurance: The contract should state whether the contractor will be responsible for obtaining any necessary permits or insurance for the project. It is crucial to comply with local building codes and regulations. 7. Dispute Resolution: To avoid potential conflicts, the contract should include a dispute resolution clause outlining the procedure for resolving disagreements, such as mediation or arbitration. Different types of Pompano Beach Florida Home Improvement Contract — Self-Employed may vary based on the nature of the project. Some specific types could include: 1. Interior Remodeling Contract: Focusing on projects such as kitchen or bathroom remodeling, flooring installation, or interior redesigns. 2. Exterior Renovation Contract: Covering projects like roof replacement, window installation, landscaping, or deck construction. 3. Home Maintenance Contract: Suitable for ongoing or recurring maintenance tasks such as gutter cleaning, lawn care, or HVAC system servicing. By utilizing a Pompano Beach Florida Home Improvement Contract — Self-Employed specific to your project, you can ensure a clear understanding of the obligations, expectations, and rights of both parties involved, setting the stage for a successful and satisfying home improvement experience.
