Hall of Fame Nominations It's that time of year again! Hall of Fame Nominations are due January 27, 2014. The Home Builders Association of Mississippi Housing Hall of Fame was established in 1988 to honor men and women who have made significant and lasting contributions to housing in Mississippi, the building industry and HBAM. Candidates are selected from three categories: Builder/Developer, Government and Housing Related. Hall of Fame inductees are chosen annually by a committee charged with selecting outstanding honorees making significant contributions within the home building industry, as well as their own communities. Click here for the 2014 Hall of Fame Nomination form.
Southwest MS HBA Giving Back
The Southwest MS HBA is giving back to the community! They held a fundraiser on August 9 for the Southwest MS Children's Advocacy Center and are happy to be able to present them with a check for $1,000. They would like to thank everyone for their help and support!
HBAM Launches New App
HBAM has launched a new App to give association members instant access to housing information. "We are excited about offering the App to our members," said Randy Bosarge HBAM President. "The App is another way to reach not only our members, but also the public with the latest information on the housing industry" Bosarge stated further.
With the free App, users can read the Mississippi Buider Magazine, keep up with scheduled events, and stay up to date with real time housing information from HBAM and NAHB. There are also direct links to our industry partners and Association sponsors.
To download the free App, go to the App store on your iPad, iPhone or android device and search for Home Builders Association.
General Liability Insurance Now Required for Licensed Builders and Remodelers
Builders and remodelers that are licensed by the Mississippi State Board of Contractors will now be required to show proof of general liability insurance to obtain a license. Last legislative session, HBAM was successful in lobbying the legislature and Governor to approve legislation allowing the Board to take this action.
The Board took the action to require the general liability insurance last fall, and exhausted the public notice rules as required on a new policy being implemented. There is no minimum limit on the policy, but the insured will be required to have the State Board of Contractors noticed on the policy in case of cancellation of the insurance policy.
The effective date of the rule was January 25, 2013. All residential builders and remodelers will be required to show proof of general liability insurance after January 25, 2013.
There will also be an inactive licensee category added for those that wish to keep their license current, but are not actively building. For additional information, please call the State office at 601-969-3446 or CLICK HERE to visit the MS State Board of Contractors.
Member benefits from National Association of Home Builders (NAHB)
Put money back in your wallet for being a member of the National Association of Home Builders.
As an NAHB benefit, members have access to discounts and savings opportunities offered by many top companies. All program, rates and prices are subject to change without notice.
When using these program please remember to identify yourself as a member of the National Association of Home Builders. Click here to view all the discounts.
Important Notice to Builders Regarding the New Home Warranty Act
There is a new law to give home buyers at closing! Pursuant to Senate Bill 2223, which was passed during the 2012 Regular Session of the Mississippi Legislature, the New Home Warranty Act will change July 1, 2012. Since builders are required to give home owners notice of the New Home Warranty Act the new law attached should be used with your notice.
The Home Builders Association of Mississippi supported the changes and lobbied legislators to pass this legislation. For the structural portion of the warranty, the New Home Warranty Act was changed to the completion date to trigger the 6 year warranty for major structural defects, regardless of when the home is sold. The one year warranty still begins when the home is sold. The new law will also help further clarify the definition of structural damage and when a warranty begins. Click here to download the new act.
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