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OH HB557
Bill
Status
7/12/2010
Primary Sponsor
Mike Foley
Click for details
AI Summary
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Establishes written contract requirements for home improvements costing $1,000 or more, including contractor details, property address, work description, timeline, total cost, and required notices about cure rights and insurance coverage
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Prohibits home improvement contractors from failing to provide written estimates when excess costs exceed 10% of contract price, misrepresenting work quality, charging for unapproved costs, or making performance contingent on waiving statutory rights
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Limits down payments to 10% of contract price (or 75% for special order items) and requires contractors to begin work on agreed dates unless reasonable delays occur
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Requires contractors performing $1,000+ improvements to maintain general liability insurance of at least $250,000
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Mandates 30-day notice and cure period before owners can file legal actions for construction defects; allows immediate legal action if contractors contest defects or file mechanics liens; establishes remedies under unfair/deceptive practices law and authorizes criminal asset forfeiture for contractor offenses
Legislative Description
To establish laws governing the practices of home improvement contractors and to provide civil remedies for home owners who are damaged by a home improvement contractor who violates the law.
Home improvement contractors- regulate/remedies for damages by
Last Action
To Civil & Commercial Law
7/12/2010