New 2026 Laws Cap Contractor Deposits for Homeowners
Contractor Deposits

New 2026 Laws Cap Contractor Deposits for Homeowners

Effective 2026, contractor deposits are limited to 10% or $1,000 to prevent financial losses from incomplete projects. These laws enforce milestone payments for transparency and trust in renovations nationwide.

By Katlyn PolinoJanuary 27, 2026
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New Laws Limit Contractor Deposits Before Work Begins

New Laws Limit Contractor Deposits Before Work Begins

Starting in 2026, homeowner protection laws cap contractor deposits at 10% of project costs, mandate milestone-based payments, and require lien waivers for greater transparency. These measures reduce risks, align funds with work completed, and make renovations more secure for all parties.

JoAnn SouzaJan 11