(e) Voidable clauses. If a home improvement contract contains any of the following clauses, the home improvement contract shall be voidable [A> BY THE OWNER <A] :

 

11) A provision providing for the automatic or recurring renewal of any provisions of the agreement, unless:

(i) the contract establishes a procedure by which the [D> consumer <D] [A> OWNER <A] can choose not to renew the provision or provisions, thereby avoiding any new fees or charges, by providing written notice to the contractor via first class mail postmarked no later than three business days prior to any renewal;

(ii) such procedure is clearly and conspicuously disclosed in the agreement; and

(iii) the contract includes a provision requiring the contractor to notify the [D> consumer <D] [A> OWNER <A] of any automatic or recurring renewal, and the [D> consumer's <D] [A> OWNER'S <A] option to cancel such renewal, by mail not earlier than 20 days and not later than ten days prior to the date of any such renewal.