A contractor receives a $28,000 residential contract and collects a $1,500 down payment. Under Oregon law, the contractor must begin work within how many days or return the down payment?
Correct Answer
B) 20 days
Oregon residential contractor law requires work to begin within 20 days of receiving down payment or the payment must be returned.
Why This Is the Correct Answer
Oregon residential contractor law requires work to begin within 20 days of receiving down payment or the payment must be returned.
More or-supplement Questions
Under ORS 701, what is the minimum amount of public liability insurance required for a CCB licensed contractor?
An employee is injured on a job site. The contractor's workers compensation premium was $2,400 annually. If they were operating without coverage, what is the minimum penalty multiplier applied to the premium?
A contractor completes a $12,000 deck project but the homeowner claims defective work. Under ORS 87, how long does the contractor have to file a lien for unpaid amounts?
Under ORS 701, what is the maximum amount a residential contractor can collect as a down payment before starting work?
A homeowner cancels a $8,000 roofing contract within the 3-day right to cancel period. The contractor had already ordered $1,200 in custom materials. How much can the contractor retain?
A general contractor hires a subcontractor who performs $15,000 worth of electrical work. The property owner pays the general contractor but the general contractor fails to pay the subcontractor. Calculate the subcontractor's maximum lien claim under ORS 87.
A renovation project in a 1972 home will disturb 15 square feet of painted trim. The contractor is not RRP certified. What must they do under Oregon lead regulations?
What is the minimum experience requirement for obtaining an Oregon CCB contractor license?
A homeowner hired an unlicensed contractor who abandoned a $25,000 project. The homeowner wants to file a claim with the CCB. What is the likely outcome?
A residential contractor completes a $35,000 kitchen remodel but fails to obtain required permits. Under Oregon law, what is the potential penalty?
People Also Study
Business & Financial Management
120 questions Β· 70% to pass
Contract Administration
60 questions Β· 70% to pass
Project Management
60 questions Β· 70% to pass
Related Study Resources
Previous Question
A subcontractor completes electrical work on February 15th. The general contractor stops all work on March 1st due to weather, then resumes April 10th and finishes the project May 20th. Under ORS 87, the subcontractor's lien filing deadline is:
Next Question
Under ORS 701, what is the maximum amount a residential contractor can collect as a down payment before starting work?
