mtnelect
HVAC & Electrical Contractor
- Location
- Southern California
- Occupation
- Contractor, C10 & C20 - Semi Retired
Good for you. But what happens if a project is canceled and you already bought the wire, for example, or you get a roll of wire at a ridiculous price, or for any other reason you have a lot of wire. So you're going to tell me that recycling it is better.
In California, it's called a "Home Improvement Contract". You are allowed to require a down payment of 10% or $1,000.00, whichever is less. There is a 3-day recession clause. The homeowner has 72 hours to cancel the contract. After the time period has passed, without cancellation, you are good to go.
No material is purchased until the time period is passed. Then the contract is enforceable.