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This page is inclusive of the Contractor Registration information and the Lien Law Disclosure Forms required of the Residential Contractor. Effective January 1, 2006 Builders within the state of Idaho are required to be registered with the state. On March 25, 2005, Governor Kempthorne signed into law the Contractor Registration Act - HB163 (pictured below).
To read the bill, follow this link: House Bill 163 To register as an Idaho Contractor and for further information, the following link has been provided: Contractor Registration Form Effective July 1, 2002 IDAHO Lien Law Disclosure Law Lien Law: Form 1 Residential Property Disclosure Form Lien Law: Form 2 Residential Property Disclosure of Subcontractors, Material-men and Rental Equipment Suppliers Lien Law: Form 3 Request for Account Balance - Sample Governor Kempthorne signed into law a bill that took effect July 1, 2002. The purpose of the law is to provide information to homeowners and purchasers of your projects. Here are the key requirements. You are a "general contractor" under this law if you enter into an agreement in excess of $2,000 with (a) a homeowner or prospective purchaser for the construction, alteration or repair of residential real property, or (b) a prospective residential purchaser for the sale of a newly constructed home. General contractors must provide a written disclosure statement to the homeowner or prospective property purchaser before entering into a contract to construct, alter or repair residential real property. The disclosure statement must have a variety of general information in the nature of advising people of their rights. You must keep proof of receipt by the homeowner or prospect. General contractors must provide a second written disclosure statement to the homeowner or prospective property purchaser within a reasonable time before closing or final payment. This disclosure statement must list the business names, addresses and telephone numbers of all subcontractors, materialmen and rental equipment providers (a) with direct contractual relationship with you, and (b) who provided labor or materials in excess of $500 on the job. If requested, all subcontractors, materialmen and rental equipment providers listed on your disclosure statement are required to disclose only balances owed on the job or on the account to homeowners, prospective purchasers or their agents. Failure to provide complete disclosures as required is an unlawful and deceptive act or practice under the Idaho Consumer Protection Act, and will be subject to penalties. For More Information Contact: |
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