Organización y LicenciasPregunta 1398 de 1632

A $2,500 home improvement contract must be in writing and contain specified elements. Which element does §7159 require?

a.The contractor's two most recent filed tax returns
b.A copy of the contractor's $25,000 surety bond
c.The contract price and a schedule of progress payments
d.The buyer's credit score and the lender's approval

Explicación

B&P §7159(d)(5) requires the heading 'Contract Price' followed by the amount in dollars and cents, and §7159(d)(9) requires a 'Schedule of Progress Payments' whenever payments other than the down payment come before completion, each payment tied to work performed. (a) and (b) confuse what the CSLB holds on the license record with what the contract must contain; the bond is filed with the Registrar, not attached to the contract. (d) belongs to a lender's file, and the section's disclosures run to the buyer rather than the other way round.

Referencia Legal: B&P Code §7159(d)(5) / §7159(d)(9)

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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)
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