Texas Property Code 41.007 includes two important requirements for contractors who perform work on existing residential property, (i.e., repairs and remodels):
1. If you the contractor want to require a homestead property owner arbitrate their dispute with you, that requirement must be in 10 point bold font.
2. A residential renovation/remodeling contract must also contain the following provision, also in 10 point bold font: “IMPORTANT NOTICE: You and your contractor are responsible for meeting the terms and conditions of this contract. If you sign this contract and you fail to meet the terms and conditions of this contract, you may lose your legal ownership rights in your home. KNOW YOUR RIGHTS AND DUTIES UNDER THE LAW.”
Not sure if these provisions apply to you or whether you need to incorporate them in your own contract? Check with your attorney or reach out to one of the construction lawyers here at Saunders Walsh & Beard for help with this or any other construction-related questions you may have.
