Consumer Building Guide

When the owner withdraws during cooling-off period

Home owner mailing paperwork.

If an owner chooses to withdraw during the cooling-off period (which is five business days), then they must give you, as the contractor, a written withdrawal notice.

You are entitled to receive or retain an amount equal to any out-of-pocket expenses you have reasonably incurred up to the time the owner withdrew, and if you have given the owner the required documentation you are also entitled to an additional $100.