Are Tennessee homebuilders Residential required to have a GC license for doing additions or construction projects on property the property over 25000.00? Are GC/ Residential Homebuilders required to have Bond and Insurance to do single residential construction projects over $25000.00 ? Are Homebuilders allowed to take deposits in excess of 40000.00 if they do not carry a GC Contractors license, Surety Bond or Insurance? Can a homebuilder place a lien on home if they do not carry these credentials in Tennessee? If homebuilder violated my rights who should these violations be reported to ? Can lien be removed for violations?