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For relatively small jobs, like a $16,000 bathroom remodel, contractors may ask for a 50% deposit. For large jobs, like a $100,000 full-home renovation, a 10%?20% deposit is more typical.
Can an individual have more than one contractors license? Yes. An individual can have as several sole owner contractors licenses.
Each additional personnel must use a separate application. If you have additional licenses with the same corporate or LLC registration number (as issued by the California Secretary of State and listed in box 3 in Section 1), you must submit a copy of this form for each license.
Family Waiver: This waiver will allow you to become the qualifier and take over an existing sole owner license. The licensee must have retired or passed away and you must be an immediate family member.
Finally, while B classification allows for contracts that involve two or more unrelated trades, the B2 classification requires three or more. There is also a difference in required experience between the two contractor classifications.