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Watch for Illegal Building Deposits

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!