Contratos y EjecuciónPregunta 698 de 1605
A contractor structures a home improvement contract so that each progress payment is due 'as work proceeds.' Under §7159, each progress payment must:
a.Be collected only at project completion
b.Not exceed the value of the work performed or materials delivered at that point
c.Be at least $5,000 to be enforceable
d.Equal one-third of the total contract price
Explicación
B&P §7159 requires that progress payments be tied to specifically described phases and that a contractor not request or accept payment exceeding the value of work performed or materials delivered.
Referencia Legal: B&P §7159(d)Practica las 1605 preguntas gratis — sin registro.
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)