Contracts & ExecutionQuestion 736 of 1632
A home improvement contract must state the total price the buyer will pay, described as the:
a.Lender's appraised amount
b.County-assessed value
c.Contractor's estimated cost only
d.Contract price agreed upon in the contract
Explanation
B&P §7159 requires the contract to clearly state the total contract price the buyer will pay, so the owner knows the full obligation before work begins.
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Related questions on this topic
- A contractor's payment schedule requires the owner to pay 80% of the price before any materials arrive or work begins. This violates §7159 because:
- Which scenario would DISQUALIFY a job from using the service and repair contract form?
- The required title 'Home Improvement' and the mandatory notices in a §7159 contract must be presented in a way that is:
- If a home improvement contract fails to contain the elements required by §7159, the contractor may be subject to:
- To cancel within the three-day period, the buyer must:
- Which of the following must appear near the buyer's signature line as a required caution in a home improvement contract?
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Reviewed by Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verify)