Contratos y EjecuciónPregunta 784 de 1605
The home improvement contract must disclose the total amount of any down payment. This ensures that:
a.The lender sets the price
b.The contractor can collect more than allowed
c.The CSLB waives its fees
d.The buyer can confirm the down payment does not exceed the legal cap
Explicación
By requiring the down payment amount to be clearly stated, §7159 lets the buyer verify the down payment complies with the $1,000-or-10%-whichever-is-less limit.
Referencia Legal: B&P §7159(c)Practica las 1605 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- If a contractor fails to give the buyer the required notice of the right to cancel, the buyer's cancellation period:
- A homeowner pays a $1,000 down payment on a $60,000 remodel, then the contractor demands another $20,000 before ordering any materials. The second demand is:
- Which of the following residential jobs would MOST likely require a full home improvement contract rather than a service and repair contract?
- A homeowner calls for a $650 emergency plumbing repair. Under a compliant service and repair contract, the contractor may collect payment:
- A person solicits home improvement contracts for a contractor but is not registered as a home improvement salesperson. This person and the contractor:
- A home improvement contract is written entirely in English, but all negotiations were conducted in Spanish. Under §7159, the contract:
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)