Insurance & LiensQuestion 682 of 690

A homeowner has a $40,000 judgment against a licensed contractor for incomplete work on the family residence. The contractor's $25,000 license bond is also being pursued by an unpaid framer ($8,000 wage claim) and by a non-residential commercial owner ($30,000 damages). Under the §7071.11 priority scheme, the homeowner can expect approximately:

a.$25,000 (the full bond), because residential consumers always come first
b.$17,000 — the framer's $8,000 wage claim is paid first as a higher-priority category, leaving $17,000 for the residential homeowner (a higher priority than the commercial owner, who recovers nothing from the bond)
c.$8,333 — equal one-third pro rata share of $25,000
d.$13,000 — half of the homeowner's damages, with the rest pro-rated

Explanation

Bus. & Prof. Code §7071.11 priority order: (1) wage/benefit/trust-fund claims by employees, (2) damages to a RESIDENTIAL property owner under a home improvement contract, (3) damages to a non-residential property owner, (4) other claims. Each higher priority is paid in full before any lower priority receives anything; pro-rating applies only WITHIN a tier when funds are insufficient. Here: framer ($8,000 wages) is paid first as priority 1, leaving $17,000. The residential homeowner is paid next as priority 2 and gets the entire remaining $17,000 ($40,000 claim partially satisfied). The commercial owner (priority 3) gets nothing from the bond and must pursue the contractor personally.

Law Reference: Bus. & Prof. Code §7071.6

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