The weather in 2008 was hard on people and their homes all over our great Country from hurricane Ike, to deadly tornado’s and ice/snow storms. Even if you were lucky enough notto have to endure any of these treacherous storms you most likely new someone that was dealing with it.
In trying to help a friend I learned something new today regarding remodeling projects and wanted to pass the information on just in case you had not heard or might have forgotten. Contractors are required to register interior renovations on a project that exceed a cost of $10,000.00 with the Texas Residential Construction Commission. The commission charges fees to the contractor/remodeler for the application and for follow up inspections. The TRCC will review the application and do a background check for the registered agent of the contractor/remodeler.
The contractor is also required by law on home improvements/repairs that exceed $5000.00 to deposit your payments in a construction account with a financial institution. Homeowners can ask for written verification of the existence of the construction account and how the disbursements are being done. Access to the account record should be included as a requirement in your written construction contract.
I hope this helps people become aware of these requirements and if you see or know of things you would like me to get the word out on please place it on my blog. Knowledge helps all of us.
As our new President Obama stated earlier today “What is required of us now is a new era of responsibility — a recognition, on the part of every American, that we have duties to ourselves, our nation, and the world, duties that we do not grudgingly accept but rather seize gladly,” Obama said. “This is the price and the promise of citizenship.”