How many days does a licensee have to contest a claim to be paid from the Residential Contractors' Recovery Fund?

A licensee who wishes to contest a claim to be paid from the Residential Contractors' Recovery Fund has a specific timeframe in which to act. The correct answer is that the licensee has 15 days to contest the claim. This period is essential for ensuring that disputes regarding claims are managed promptly and that all parties involved have a clear understanding of the timeline for contesting claims.

Understanding this timeframe is crucial for licensees, as failing to respond or contest a claim within the designated period may result in the automatic approval of the claim, potentially leading to financial consequences for the licensee. The adherence to this 15-day requirement illustrates regulatory efforts to balance the interests of consumers seeking recovery with the rights of contractors who may contest the validity of claims made against them.