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 Broward Florida Home Improvement Contract is a legally binding agreement between a homeowner or property owner in Broward County, Florida, and a self-employed contractor specializing in home improvement services. This contract outlines the specific terms and conditions of the project, ensuring that both parties understand their responsibilities and rights. Keywords: Broward Florida, home improvement contract, self-employed, homeowner, property owner, contractor, terms and conditions. 1. Standard Broward Florida Home Improvement Contract — Self-Employed: The standard Broward Florida Home Improvement Contract is a comprehensive agreement that covers a wide range of home improvement projects. It includes detailed sections regarding project scope, materials, timelines, payments, change orders, warranties, and dispute resolution. 2. Minor Broward Florida Home Improvement Contract — Self-Employed: A minor Broward Florida Home Improvement Contract is suitable for smaller-scale projects, such as minor repairs, paint jobs, or small room remodels. While it still includes essential elements found in the standard contract, it may have simplified sections due to the project's relatively smaller scope. 3. Major Broward Florida Home Improvement Contract — Self-Employed: For larger-scale renovations or extensive home improvement projects, a major Broward Florida Home Improvement Contract is necessary. This contract addresses more complex project details, including architectural plans, permits, inspections, subcontractors, insurance requirements, and payment schedules. 4. Broward Florida Home Improvement Contract — Self-Employed with Escrow: Some homeowners may choose to establish an escrow account as a safeguard against potential payment issues or incomplete work. This specialized Broward Florida Home Improvement Contract includes provisions for allocating funds to an escrow account, releasing payments based on agreed-upon milestones or completion of predetermined project stages. 5. Broward Florida Home Improvement Contract — Self-Employed for Green/Environmentally Friendly Projects: In response to growing environmental concerns, certain homeowners may look for contractors specializing in eco-friendly home improvements. This specific Broward Florida Home Improvement Contract focuses on incorporating sustainable materials, energy-efficient practices, and environmentally friendly solutions into the project. It may also include certification requirements for verifying the project's sustainability credentials. By utilizing these Broward Florida Home Improvement Contracts, self-employed contractors can ensure clear communication, legal protection, and a mutually beneficial relationship with their clients. It is crucial for both parties to review and understand the terms and conditions before signing the agreement, promoting transparency and accountability throughout the home improvement process.A Broward Florida Home Improvement Contract is a legally binding agreement between a homeowner or property owner in Broward County, Florida, and a self-employed contractor specializing in home improvement services. This contract outlines the specific terms and conditions of the project, ensuring that both parties understand their responsibilities and rights. Keywords: Broward Florida, home improvement contract, self-employed, homeowner, property owner, contractor, terms and conditions. 1. Standard Broward Florida Home Improvement Contract — Self-Employed: The standard Broward Florida Home Improvement Contract is a comprehensive agreement that covers a wide range of home improvement projects. It includes detailed sections regarding project scope, materials, timelines, payments, change orders, warranties, and dispute resolution. 2. Minor Broward Florida Home Improvement Contract — Self-Employed: A minor Broward Florida Home Improvement Contract is suitable for smaller-scale projects, such as minor repairs, paint jobs, or small room remodels. While it still includes essential elements found in the standard contract, it may have simplified sections due to the project's relatively smaller scope. 3. Major Broward Florida Home Improvement Contract — Self-Employed: For larger-scale renovations or extensive home improvement projects, a major Broward Florida Home Improvement Contract is necessary. This contract addresses more complex project details, including architectural plans, permits, inspections, subcontractors, insurance requirements, and payment schedules. 4. Broward Florida Home Improvement Contract — Self-Employed with Escrow: Some homeowners may choose to establish an escrow account as a safeguard against potential payment issues or incomplete work. This specialized Broward Florida Home Improvement Contract includes provisions for allocating funds to an escrow account, releasing payments based on agreed-upon milestones or completion of predetermined project stages. 5. Broward Florida Home Improvement Contract — Self-Employed for Green/Environmentally Friendly Projects: In response to growing environmental concerns, certain homeowners may look for contractors specializing in eco-friendly home improvements. This specific Broward Florida Home Improvement Contract focuses on incorporating sustainable materials, energy-efficient practices, and environmentally friendly solutions into the project. It may also include certification requirements for verifying the project's sustainability credentials. By utilizing these Broward Florida Home Improvement Contracts, self-employed contractors can ensure clear communication, legal protection, and a mutually beneficial relationship with their clients. It is crucial for both parties to review and understand the terms and conditions before signing the agreement, promoting transparency and accountability throughout the home improvement process.
