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Watch for Illegal Building Deposits

01 Mar 2013

Be aware of illegal and exorbitant building deposits for your home extension.

For home improvement contracts the following rules apply by law:

An owner shall not pay more than 5% of the final fixed contract price if the contract price exceeds $20K.

Be aware of Companies or individuals illegally trying to ‘tie you in’ with large deposits before you know the total fixed contract price (in writing) and

a full specification that shows everything you are getting and more importantly what your not!

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