(eight) Decide whether or not the contractor has the proper insurance coverage. Illinois regulation requires that persons selling home repair and improvement companies provide their customers with notice of any change to their enterprise name or handle that comes about previous to the agreed dates for beginning or finishing the work. If the consumer rejects both the binding arbitration clause or the jury trial waiver clause, or rejects each clauses, it shall be viewed as a counter provide to proceed with the proposed contract or settlement with out the clause or clauses rejected.
(b) All remedies, penalties, and authority granted to the Lawyer Basic or the State’s Attorney of any county on this State by the Shopper Fraud and Deceptive Enterprise Practices Act shall be obtainable to her or him for enforcement of this Act, and any violation of this Act shall represent a violation of the Consumer Fraud and Deceptive Enterprise Practices Act.
Notice of cancellation, if given by mail, is efficient upon deposit into the United States mail, postage pay as you go and correctly addressed to the contractor. If you assume you might have been defrauded by a contractor or have any questions, please carry it to the eye of your State’s Attorney or the Illinois Legal professional Normal’s Workplace. In the event you cancel, any payments made by you under the contract, other than funds for items or services related to a catastrophe which you agreed in writing to be obligatory to prevent harm to your property, shall be returned to you within 10 enterprise days following receipt by the contractor of your cancellation notice.
On and after January 1, 2001, any individual engaged in the enterprise of dwelling repair and reworking shall acquire and preserve in full power and impact through the operation of the enterprise public legal responsibility and property injury insurance coverage in the amount of $10,000 per incidence for residence repair or transforming not in conformance with applicable State, county, or municipal codes, until the person has a web price of not less than $1,000,000 as decided on the premise of the person’s most up-to-date financial assertion, prepared within thirteen months.
If, nevertheless, the contractor has supplied any items or companies related to a disaster, acknowledged and agreed to by the insured in writing to be crucial to forestall injury to the premises, the contractor is entitled to the reasonable worth of such goods and providers. No written acknowledgment of receipt of the pamphlet is required for a contract of $1,000 or underneath.