SoCal remodeling trivia: down payment to a contractor

Written By: Kathy Price-Robinson - Feb• 04•08

I’ve called this trivia, but it’s not trivial. Here’s the question:

What is the most a California contractor can collect up front for home improvement work?

A. The down payment cannot be more than $1,000 or 10% of the contract price, whichever is less.

B. The down payment cannot be more than $5,000 or 10% of the contract price, whichever is less.

C. The down payment cannot be more than $10,000 or 20% of the contract price, whichever is less.

D. The down payment cannot be more than $2,500, plus the cost of materials that must be special-ordered.

Give it your best shot, then click here for the answer, which you’ll find by scrolling down to the bottom of the page.

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