Organización y LicenciasPregunta 1399 de 1632
For a home improvement contract, what is the maximum down payment a contractor may require?
a.One-third of the contract amount, collected at signing time
b.$1,000 or 10 percent of the contract amount, whichever is greater
c.10 percent of the contract amount, with no dollar ceiling at all
d.$1,000 or 10 percent of the contract amount, whichever is less
Explicación
B&P §7159.5(a)(3) caps the down payment at $1,000 or 10 percent of the contract amount, whichever is less, so on a $30,000 remodel the ceiling is $1,000 rather than $3,000. (a) is a percentage with no statutory basis. (b) inverts the comparison, which is the most common error on this rule: 'whichever is greater' would let the cap rise with the size of the job, which is exactly what the section prevents. (c) keeps the percentage but drops the $1,000 ceiling, and that ceiling is what binds on nearly every contract.
Referencia Legal: B&P Code §7159.5(a)(3)Practica las 1632 preguntas gratis — sin registro.
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)