Contracts & ExecutionQuestion 715 of 1632

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 §7159

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