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Asked in CA May 26, 2022 ,  0 answers Visitors: 3

Commercial Construction Deposits

Can a contractor or an engineer require

a deposit larger than 10% of the

contract price on a commercial project?

Data From  LAWGURU_Question

2 Answers

Anonymous
Reply

Posted on / Aug. 31, 2007 16:44:00

Re: Commercial Construction Deposits

Yes, that restriction only applies in the home improvement context. See Business & Professions Code 7159.5.

Anonymous
Reply

Posted on / Aug. 31, 2007 16:44:00

Re: Commercial Construction Deposits

Yes, that restriction only applies in the home improvement context. See Business & Professions Code 7159.5.

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