What is the MAXIMUM service fee that may be collected if a homeowner cancels a $1,000 door-to-door contract within 2 days?

Study for the Maryland Home Improvement Salesperson Exam. Explore exam formats and content with our detailed multiple choice questions, hints, and explanations. Pass confidently!

In Maryland, the law protects consumers by allowing them to cancel certain door-to-door contracts within a specified period, generally providing a cooling-off period for consumers to reconsider their purchase. If a homeowner cancels a $1,000 door-to-door contract within two days, they are entitled to a full refund, and no service fee may be collected. This consumer protection measure is designed to prevent any undue pressure or rush in accepting offers made during door-to-door sales, ensuring that homeowners have adequate time to reflect on their decisions without incurring fees. Thus, the correct answer indicates that homeowners have the right to cancel without financial penalty within this time frame.

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