On April 15, 2024, Governor DeSantis signed HB 623 into law. The law protects new home buyers by requiring builders to provide a mandatory builder warranty for newly constructed homes. For more details on the requirements for mandatory builder warranties please review the new law here: Chapter 2024-95, Laws of Florida.
What is considered new construction in Florida?
553.84. (c) Newly constructed home means any residential real property or manufactured building, modular building, or factory-built building as defined in s. 553.36 which is a single-family dwelling, duplex, triplex, or quadruplex that has not been previously occupied.
What is the new law in Florida about roofs?
ing to Florida Statute 627.7011(5), if your roof is: Less than 15 years old, insurers cant refuse to issue or renew your policy. More than 15 years old, then you have the right to hire and pay for an authorized inspector to evaluate your roof.
What is the new 25% rule in Florida?
Florida Building Code 25% Reroofing Rule Not more than 25 percent of the total roof area or roof section of any existing building or structure shall be repaired, replaced or recovered in any 12-month period unless the entire roofing system or roof section conforms to requirements of this code.
What is the bond for a construction license in Florida?
The bond amount a licensed contractor needs varies depending on the type of work he or she will perform. Division I contractors must post a $20,000 bond, while Division II contractors need either a $10,000 or $5,000 bond. However, you do not pay the entire amount of the Florida licensed contract bond.
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Here, the bail bondsman pays the full amount of the bail. In return, the arrestee pays the bail bondsman a percentage of the assigned bail. It is common for the bail bondsman to charge a fee of 10% of the total assigned bail. After the bail bondsman posts the bail, the arrestee is released from jail.
What is the new construction warranty law in Florida?
Florida Governor Ron DeSantis recently signed H.B. 623 into law on April 15, 2024, creating a new section 553.837, Florida Statutes, which will require builders to provide a one-year warranty for all newly constructed homes.
How much is a construction bond in Florida?
Click Here To Get Bonded to get your Florida Construction License Surety Bond LicenseFlorida Construction License Surety Bond: Division I$20,000 License Florida Construction License Surety Bond: Division II $10,000
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Fla. Admin. Code Ann. R. 60D-5.0041 - Waiver of Bond
Fla. Admin. Code Ann. R. 60D-5.0041 - Waiver of Bond Requirements 1. Copy of the project legislative budget request in the capital improvement plan;. 2.
The court must then determine whether to require the posting of a bond to secure the opposing parties damages, interest thereon, and attorneys fees and costs
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