2013 Kentucky Revised Statutes
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367.626 Advance payments prohibited during cancellation period -- Return of
payments or notes of indebtedness -- Contractor's right to collect
reasonable amount for services performed -- Unenforceable contract
Except as provided in subsection (3) of this section, on or after July 12, 2012, a
roofing contractor shall not require any advance payments under a contract for
the repair or replacement of any part of a roof system of residential real estate
when payment is expected to be made from the proceeds of a property or
casualty insurance policy until the cancellation period, as provided in KRS
367.622, has expired.
Within ten (10) days after a contract has been cancelled as provided in KRS
367.622, a roofing contractor shall tender to the payor any payments, partial
payments, or deposits made, and any note or other evidence of indebtedness,
except as provided in subsection (3) of this section.
A roofing contractor that performs any repair services authorized by the owner
of residential real estate, including but not limited to repair services necessary
to prevent further damage to the premises, shall be entitled to collect a
reasonable and customary amount for the repair services performed.
Any provision in a contract executed on or after July 12, 2012, for the repair of
a roof system of residential real estate, as provided in KRS 367.620 to
367.628, that requires the payment of any fee, except for repair services
performed under subsection (3) of this section, shall not be enforceable against
any person who has cancelled a contract under KRS 367.622.
Effective:July 12, 2012
History: Created 2012 Ky. Acts ch. 97, sec. 4, effective July 12, 2012.
CHAPTER 367 - CONSUMER PROTECTION
367.626 Advance payments prohibited during cancellation period -- Return of payments or notes of indebtedness -- Contractor's right to collect reasonable amount for services performed -- Unenforceable contract provisions.
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