What critical information must builders disclose to prospective clients?

Builders are required to disclose any past license suspensions or violations to prospective clients because this information is crucial for ensuring transparency and trust in the business relationship. Clients have the right to understand the builder's professional history, particularly any issues that may reflect on their reliability or adherence to industry standards. Past violations or suspensions may indicate potential risks in the quality of work or compliance with regulations, which can significantly affect the decision-making process for clients who are considering hiring a builder.

While the other information listed—such as financial status, materials to be used, and construction timelines—can be important for clients, the disclosure of past license issues directly relates to a builder’s professional integrity and credibility. This is especially relevant in the construction industry, where compliance with laws and regulations is vital to the safety and satisfaction of clients.