No person shall install insulation in any existing residence for compensation without providing the owner or lessee in advance with a written contract which shall include, but not be limited to, the following provisions which shall be clearly and conspicuously disclosed in the contract:
1. Resistance factor. The resistance factor of the insulation per inch and the thickness in inches to be installed;
2. Type of insulation. The type of insulation to be installed;
3. Area covered. An estimate of the square footage of area to be covered;
4. Degree of flammability. The degree of flammability of the insulation;
5. Method of installation. The method of installation to be used;
6. Type of ventilation. The type of ventilation to be installed. If no ventilation is to be installed, the contract shall so state;
7. Guarantee against settling. Whether the installed insulation is guaranteed against settling and, if so, for how long and to what degree; if not, the contract shall so state;
8. Type of vapor barrier. The type of vapor barrier to be installed. If no vapor barrier is to be installed, the contract shall so state;
9. Areas to be insulated. The areas of the dwelling to be insulated;
10. Changes required. Any construction, reconstruction or structural changes required to install the insulation;
11. Work following insulation. Any restoration, finishing or cleanup work to be performed following the installation of insulation;
12. Provisions of warranties. The provisions of all warranties;
13. Names. The name, business address and owner of the firm providing the goods and services provided herein; and
14. Use of urea formaldehyde insulation. If urea formaldehyde insulation is to be installed, the following information:
A. A warning that urea formaldehyde may cause the occupants to experience harmful side effects, including respiratory problems, dizziness, nausea, eye and throat irritations and cancer;
B. Disclosure that allergic symptoms may develop anywhere from a few days to more than 6 months after installation; and
C. Disclosure whether the contractor will take corrective action if an allergic reaction develops.