SECTION 1. Section 1 of Chapter 142A of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by striking out lines 6-10 inclusive and inserting in place thereof the following - 

“Claimant” an owner and resident of a residential building, containing at least one but not more than four dwelling units, who has entered into a construction contract with a contractor to carry out construction work on said building, or, an owner and resident of a single condominium unit in a residential building, who has entered into a construction contract with a contractor to carry out construction work on an area of said building under that owner's exclusive control, and who is making a claim against said contractor for failure of performance under said contract.

SECTION 2.  This act shall be effective retroactively to January 1, 2010 for any condominium owner and resident who was not previously qualified to apply for relief from the Guaranty Fund for Home Improvement Contractors. Any claim which would otherwise be foreclosed under the provisions of section 7 of this chapter shall be considered timely filed with regard to said section 7 if filed by an owner and resident of a single condominium unit in a residential building within six months of the enactment of this act.