The statute modifies three sections of Florida’s Contractor Licensing Statute. First it expands the type of relief that can be awarded by local licensing boards and imposes requirements on their recommended penalties. It also increases the amount of funds the Homeowners’ Construction Industry Recovery Fund can award, starting January 2025. Finally, it adjusts the scope of electrical contractor specialty licensing as it relates to advertising signs.
Read moreProposed Statute Would Impose New Requirements on Local Contractor Boards and Increase Homeowners' Recovery Fund Limits
The proposed changes to Chapter 489, Florida Statutes, are part of a larger bill impacting many professions governed by the DBPR.
Read moreCourt Reverses Homeowners Construction Recovery Fund Award Where Homeowners Did Not Diligently Pursue Other Avenues of Recovery First
The decision makes clear that homeowners seeking to recover from the fund must take reasonable, and diligent steps to recover on a judgment or award, even if those efforts seem like they will be fruitless, before the Construction Industry Licensing Board can disburse an award from the Homeowners Construction Recovery Fund.
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