Florida Contractors Business and Legal Practices Quiz

Florida contractors typically require general liability insurance.

The regulation of contractors in Florida is overseen by the Florida Department of Business and Professional Regulation.

Lump-sum contracts are commonly used in Florida construction projects to allocate risks and responsibilities.

The purpose of the Florida Construction Industry Licensing Board is to issue contractor licenses.

A plumbing contractor license is required for a contractor specializing in plumbing work in Florida.

A mechanical contractor license is required for a contractor focusing on HVAC installations in Florida.

Passing a state examination is required to obtain a Florida contractor's license.

A Notice of Commencement in Florida notifies the county clerk of construction commencement.

Working without a valid contractor's license in Florida incurs a fine.

A contractor's lien in Florida secures payment for completed work.

Upon discovering a construction defect in Florida, the first step for a contractor is to notify the property owner.

Forming a limited liability company (LLC) provides unlimited liability protection for a Florida contractor.

The Construction Lien Law in Florida ensures timely payment for labor and materials.

A lien waiver in Florida releases a contractor's lien rights.

The purpose of the Florida Construction Industry Recovery Fund is to compensate consumers for financial losses due to contractor misconduct.

The purpose of the Florida Construction Industry Payment and Performance Bond Law is to ensure timely payment to subcontractors.