Industry Tips
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Home Improvement Contractors/Builders
The FTC's Trade Regulation Rule states a consumer has three business days to cancel a contract ( for over $25.00) signed at a private residence, motel, or other temporary location. This "cooling-off" period applies to cash as well as credit transactions. The seller is REQUIRED to provide the buyer "NOTICE OF CANCELLATION" papers at the time of the transaction. (FTC Rule 16-CRF-429 and IN Code 24-5-10-1 thru 18 and IN Uniform Credit Code 24-4.5-2-501 & 502)
Indiana Law requires that consumers be given a contract, orally or in writing, for any home improvement project costing $150.00 or more. (Indiana Law #24-5-11-4). Your BBB suggests contracts be in writing.
Contractors and roofers are required to be licensed in Vanderburgh County. Consumers may wish to verify licensing by calling the Building Commissioner at 436-7880.