The State of NJ, handed a law in 2004 stating all Home Improvement Contractors” need to register with the Division of Consumer Affairs and supply proof of enterprise liability no less than within the quantity $500,000. Please observe: Contractors who want to carry out structural work on four (four) or extra family dwellings and/or industrial constructions, or new development aside from residential garages and/or accent structures, should be registered as a City of Columbus General Contractor.
All candidates for a Basic Business License for the Home Improvement Contractor class must post a Surety Bond in the amount of twenty five thousand ($25,000) during the two-12 months license interval.
Everyone has heard tales about horrendous contractors who tore apart the kitchen and by no means returned or projects that price thrice the contractor’s authentic estimate.
All applicants for a Basic Business License for the Home Improvement Contractor category shall furnish an original certificate of insurance coverage policy within the quantity of fifty thousand to at least one hundred thousand ($50, 000 to $one hundred,000) and property damage in the amount of ten thousand to twenty 5 thousand ($10, 000 to $25,000) for the license period pursuant to DC Code and DC Municipal Regulations.
Of the forty nine registered contractors cited, 23 have been the subject of client complaints and have been ordered to pay restitution from $2,250 to $25,900, authorities said.