Deposit: 50% ($7,250) at signing
Half of the price at signing: $7,250 before any work starts.
California's rule on deposits:
“the down payment cannot be more than $1,000 or 10 percent of the contract price, whichever is less ... If the contractor has a Blanket Performance and Payment Bond on file with CSLB ... the contractor can ask you for the entire contract amount up front.”
How does a $7,250 deposit fit California's rule? Can more of it be due when the materials arrive or the work is done?