520.83 – Cancellation of contract on payment in full.
520.83 Cancellation of contract on payment in full.— (1) For all home improvement contracts pursuant to which there is a lien, mortgage, or encumbrance upon the goods or real property, upon payment in full by the owner of the time sales price and other amounts lawfully due under a home improvement contract, the holder shall: (a) Return to […]
520.998 – Regulatory Trust Fund.
520.998 Regulatory Trust Fund.—All fees, charges, and fines collected by the office pursuant to this chapter shall be deposited in the State Treasury to the credit of the Regulatory Trust Fund under the office. History.—ss. 34, 36, ch. 90-103; s. 4, ch. 91-429; s. 30, ch. 99-155; s. 638, ch. 2003-261.
520.84 – Credit to owner on prepayment.
520.84 Credit to owner on prepayment.—Any buyer may pay in full at any time before maturity the debt of any home improvement contract and in so paying such debt shall receive a refund credit thereon for such anticipation of payments. The amount of such refund shall represent at least as great a proportion of the time […]
520.999 – Requirements of licensees.
520.999 Requirements of licensees.— (1) Each licensee under this chapter shall report, on a form prescribed by rule of the commission, any change in the information contained in any initial application form or any amendment to such application not later than 30 days after the change is effective. (2) Each licensee under this chapter shall report any changes […]
520.85 – Delinquency and collection charges; court costs and attorney’s fees.
520.85 Delinquency and collection charges; court costs and attorney’s fees.—A home improvement contract may provide for the payment by the owner of a delinquency and collection charge on each installment in default for a period of not less than 10 days in an amount not in excess of 5 percent of such installment. However, only one […]
520.86 – Extension or deferment.
520.86 Extension or deferment.— (1) The holder of a home improvement contract, upon agreement in writing with the owner, may extend the scheduled due date, or defer the scheduled payment, of all or of any part of any installment. All terms of the agreement shall be in writing. (2) The holder may charge and contract for the payment […]
520.87 – Receipt for cash payment; payment to assignor.
520.87 Receipt for cash payment; payment to assignor.—Whenever payment is made in cash on account of any home improvement contract, the person receiving such payment shall, at the time of receiving such payment, furnish to the person making such payment a written receipt showing the date, identification of the account, and the amount paid. Unless notice […]
520.88 – Assignments of contracts or notes.
520.88 Assignments of contracts or notes.— (1) No holder shall sell, transfer, or assign any obligation in connection with a home improvement contract or any evidence of indebtedness thereunder to any person who is not authorized as a sales finance company. (2) Notice of any assignment shall be sent to the owner immediately after the assignment is made. […]
520.73 – Home improvement contract; form and content; separate disclosures.
520.73 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 […]
520.74 – Provisions expressly prohibited.
520.74 Provisions expressly prohibited.—No home improvement contract shall contain any provision by which: (1) The buyer agrees not to assert against a home improvement finance seller a claim or defense arising out of the sale or agrees not to assert against an assignee such a claim or defense; (2) In the absence of the buyer’s default in the […]