Contracts & ExecutionQuestion 715 of 1605
A contractor and homeowner agree on a $9,000 bathroom remodel. The three-day right to cancel period generally begins:
a.When the permit is issued
b.When the first payment is made
c.On the date the buyer signs the contract
d.When work begins on the site
Explanation
The three business-day cancellation period runs from the date the buyer signs the home solicitation contract, not from when work begins or a permit issues.
Law Reference: B&P §7159Practice all 1605 questions free — no signup required.
Related questions on this topic
- Which mandatory notice informs the homeowner that they may cancel the transaction within a stated period and how to do so?
- How many copies of the 'Notice of Cancellation' form must the contractor provide to the buyer at the time a home solicitation home improvement contract is signed?
- When a homeowner properly exercises the three-day right to cancel a home improvement contract, the contractor must return any down payment within:
- A contractor includes a clause in the home improvement contract stating the buyer waives their right to cancel. This clause is:
- A home improvement contract must be written in the same language principally used in the:
- Under §7159.5, a contractor may NOT do which of the following regarding down payments and progress payments?
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Reviewed by Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verify)