Florida General Contractor Florida General Contractor Contracts and Law 2

Question 1

Under Florida Statute §489.126, how soon must a contractor apply for a required permit after receiving a deposit from a residential homeowner?

Accepted Answer

Within 30 days

Answer

Florida Statute §489.126 requires a contractor who receives a deposit to apply for any required permits within 30 days of receiving the deposit.

Question 2

What constitutes 'abandonment' of a construction project under Florida Statute §489.129?

Accepted Answer

Failing to perform work for 90 consecutive days without a valid reason

Answer

Under Florida Statute §489.129, abandonment is defined as failing to perform work without valid reason for 90 consecutive days.

Question 3

In Florida, what is the effect of a 'no-damages-for-delay' clause in a construction contract?

Accepted Answer

It bars the contractor from receiving monetary compensation for owner-caused delays

Answer

A no-damages-for-delay clause typically limits the contractor's remedy for owner-caused delays to time extensions only, not monetary compensation.

Question 4

Under Florida's prompt payment laws, how many days after receiving a complete payment application must an owner pay a contractor on a private project?

Accepted Answer

20 days

Answer

Florida Statute §715.12 generally requires owners on private construction projects to pay contractors within 20 days of receiving a complete pay application.

Question 5

Which of the following is an essential element required to form a valid construction contract in Florida?

Accepted Answer

Mutual assent (offer and acceptance), consideration, and legal capacity

Answer

A valid contract in Florida requires mutual assent (offer and acceptance), consideration, legal capacity of the parties, and a lawful purpose.

Florida General Contractor Practice Test

Florida General Contractor Practice Test

Florida General Contractor Florida General Contractor Contracts and Law 2