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Is there a maximum amount I should pay as a deposit when I sign a contract for a home improvement?

Florida

In Florida is there a requirement of a maximum deposit one should pay as a first deposit on a kitchen remodeling contract when the contract is signed?

1 reply

Nov 1, 2021

There is no maximum limit under the law for a deposit, but if you deposit more than 10% with a contractor, there are certain timing requirements for permitting and the start of construction under Section 489.126, Florida Statutes, unless your contract modifies those time limits. 

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