Of course, if you sign the contract one day and pay $1,000 and the contractor starts on the second day, the contract can legally ask for the full amount of the contract any time after he begins work. So, this is significant only between the date of signing and the date the work begins.
The maximum amount a contractor can charge for late payment varies by jurisdiction and contract terms. It is important to review the contract for specific late payment clauses and check local laws for any limitations on late fees.
Some people enjoy eating cheese
What is the maximum amount an unlicensed contractor can charge in Arizona
Cashing a check that you know is for more than what is due is considered fraud, which is a criminal offense. It is important to return the excess amount to the issuer and request a correct payment to avoid legal consequences.
"Don't do it, because if you screw up they can sew you for all your worth. My advice is get licesened then if you screw up you have insurance for a reason." Wrong, an unlicensed contractor in California has no standing to sue, however, a homeowner may sue the unlicensed contractor and recover any money paid even if they are and were aware of the state of the contractor's license prior to contracting.
The charge date for this transaction is the date when the payment was made or the amount was deducted from the account.
No, the charge theft of service is a crime. Only police officers can charge someone with a crime. However the contractor can sue you in civil court for theft of service. In strict terms though the contractor is not charging the crime.
"Don't do it, because if you screw up they can sew you for all your worth. My advice is get licesened then if you screw up you have insurance for a reason." Wrong, an unlicensed contractor in California has no standing to sue, however, a homeowner may sue the unlicensed contractor and recover any money paid even if they are and were aware of the state of the contractor's license prior to contracting.
"charge off" is an accounting term that has nothing to do with collection or amount owed or anything like that. They can repo a car if a payment was recently made as long as you are behind.
No difference in coverage but the amount per year will be less. Many companies charge a monthly service charge.
In California, a creditor typically has four years from the date of the last payment or activity on the account to file a lawsuit for a charge-off. This period is governed by the statute of limitations for written contracts. It's important for consumers to be aware of this timeframe, as making a payment or acknowledging the debt can reset the statute of limitations.
A general Contractor does not typically charge by the hour. They usually charge by the job or by percentage. A G.C.'s job is to hire and coordinate not to "work" so hours would be a pore measure of his worth. Perhaps you are confusing a GC with a Home Improvement Contractor?