This checklist ensures homeowners gather all required documentation before submitting a claim to the Florida Homeowners’ Construction Recovery Fund. 1. Eligibility Confirmation [ ] Final judgment, arbitration award, or CILB restitution order based on contractor misconduct under Fla. Stat. §489.129(1)(g), (j), or (k). [ ] Contractor held a valid license […]
Why CILB Compliance Matters Florida is constantly growing. Whether it is for the weather or the freedom, Florida attracts many new residents each year. As a result, construction will always be a huge part of the economy. The state has determined to regulate the construction industry to protect Floridians, both […]
For Florida small and mid-sized businesses (SMBs), timely and complete payment is essential to maintaining operations and growth. While non-payment of invoices can certainly disrupt cash flow, it is often unclear or incomplete invoices and vague payment terms that lead to costly legal disputes. This blog explores how vague invoicing […]
The Florida Homeowners’ Construction Recovery Fund (“Recovery Fund”) is established pursuant to ss. 489.140–489.144, F.S., and provides a final chance at recovery for Florida Homeowners incurring losses from the misconduct by Florida licensed Division 1 or 2 contractors. The Recovery Fund is administered by the Florida Construction Industry Licensing Board […]
The Florida Homeowners Construction Recovery Fund is a powerful tool for homeowners who have been wronged by a licensed contractor. The “Recovery Fund”, as it is commonly called, is established under section 489.140, Florida Statutes. It is intended solely to compensate aggrieved claimants who contracted for construction or improvement of […]
Many homeowners in Florida have encountered significant challenges when engaging contractors, including unmet expectations, missed deadlines, and contractual disputes. As the state’s population continues to grow and development accelerates, issues within the construction industry have become increasingly prevalent. They are not alone as the state has seen a significant increase […]
A single construction lien can freeze your financing, cloud your property title, or even lead to foreclosure. Florida’s construction lien law (Chapter 713, Florida Statutes) is designed to protect contractors and suppliers. But for SMBs, it can create significant legal exposure, especially when a lien is filed even after the […]
The Florida Homeowners’ Construction Recovery Fund (known as the “Fund”) is a statutory remedy for homeowners who suffer financial losses due to the misconduct of licensed contractors. The Fund serves as a last resort for homeowners and is only an option for those homeowners who have done the work to […]
Ignoring a construction lien in Florida can result in foreclosure, stalled property sales, and costly lawsuits. Chapter 713 of the Florida Statutes sets strict rules that can catch property owners off guard if they don’t act quickly. Although the law is designed to protect contractors, subcontractors, and suppliers from nonpayment, […]
Small and mid-sized businesses (SMBs) often find themselves vulnerable to disputes over unpaid construction work. When payments break down, disputes over unpaid or unsatisfactory work can escalate quickly, leading to liens, lawsuits, or arbitration. Whether you are a business owner managing a build-out, renovation, or routine facility upgrades, understanding how […]