Contracts & ExecutionQuestion 163 of 1632

After a project is satisfactorily completed and accepted on a private works job, the owner must release retention to the general contractor within:

a.7 days
b.10 days
c.30 days
d.45 days

Explanation

On private works, an owner must release retention proceeds withheld from a direct contractor within 45 days after completion of the work of improvement.

Law Reference: Civil Code §8812

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