Initially, a small deposit will be needed to secure the work and schedule. It is illegal to ask for or accept a down payment of more than 10 percent of the total home improvement contract price or $1,000, whichever is less. Many consumer victims who file complaints with the CSLB tell investigators they were unaware that there is a legal limit for down payments. Many unlicensed operators also are not familiar with this aspect of California contracting law, which should serve as a red flag for homeowners. If someone asks for a large amount of money up front, the person might not have a license or the necessary project skills.
Many times, unlicensed operators take a homeowner’s down payment and never start the project. At Builder Boy, we take our work seriously and abide by all laws set forth by the CSLB. At Builder Boy, transparency is key. We include a copy of your payment schedule. It can be found in your copy of your contract. Additionally, a copy of your original signed estimate will serve as additional documentation to your contract. All payments must be received prior to each phase of work is to begin and submitted in the form of a cashier’s check or money order. We accept all major credit cards, however, a small processing fee may apply.