Prior to the commencement of residential home building by a residential home builder, the residential home builder shall disclose in writing to the homeowner whether the residential home builder has obtained and is currently maintaining liability insurance. The written disclosure shall be signed by the residential home builder and the homeowner and attested by one witness selected by the homeowner. Failure of the residential home builder to comply with this section is a violation of this chapter and punishable by the board pursuant to Section 34-14A-8. (Acts 2018, No. 18-398. § 1)
