Maryland Home Improvement Salesperson Exam Practice Questions and Answers, Exams of Real Estate Management

Download Maryland Home Improvement Salesperson Exam Practice Questions and Answers and more Exams Real Estate Management in PDF only on Docsity! Maryland Home Improvement Salesperson Exam Practice Questions And Answers What is the maximum deposit a contractor can accept for a project with a total contract price of $1,500? A. $150 B. $500 C. $750 D. $1,500 - The Answer Is $500 The Home Improvement Commission holds a hearing to determine the status of an individual's application for licensure. The Commission MUST notify the applicant of its decision within A. 30 days after the hearing B. 60 days after the hearing C. 90 days after the hearing D. 120 days after the hearing - The Answer Is 60 DAYS AFTER THE HEARING What is the maximum fine for willfully violating any provision of the Maryland Door-to-Door Sales Act? A. $500 B. $1,000 C. $2,000 Maryland Home Improvement Salesperson Exam Practice Questions And Answers D. $5,000 - The Answer Is $1,000 What is the maximum imprisonment for willfully violating any provision of the Maryland Door-to-Door Sales Act? A. 6 months B. 1 year C. 2 years D. 5 years - The Answer Is 1 YEAR Which of the following holidays is considered a business day with regard to the time period allowed for cancellation of a door-to-door sales contract? A. Columbus Day B. Veteran's Day C. Election Day D. Washington's Birthday - The Answer Is ELECTION DAY A home improvement contract must contain the approximate dates when the performance of the home improvement will begin and when it will be Maryland Home Improvement Salesperson Exam Practice Questions And Answers B. Installing a new roof C. Painting the exterior of a house D. Replacing windows - The Answer Is REPAIRS TO AN HVAC SYSTEM A local county or municipality may A. Regulate the quality of home improvements B. Issue home improvement licenses C. Override state regulations D. None of the above - The Answer Is REGULATE THE QUALITY OF HOME IMPROVEMENTS The office of the Home Improvement Commission is located in A. Annapolis B. Baltimore C. Rockville D. Frederick - The Answer Is BALTIMORE Maryland Home Improvement Salesperson Exam Practice Questions And Answers The official recordkeeper of the Home Improvement Commission shall be the A. Secretary of the Commission B. Executive Director of the Commission C. Chairman of the Commission D. Treasurer of the Commission - The Answer Is EXECUTIVE DIRECTOR OF THE COMMISSION Who investigates complaints against Home Improvement licensees? A. Local Police B. Investigative staff of the Home Improvement Commission C. State Attorney's Office D. Federal Trade Commission - The Answer Is INVESTIGATIVE STAFF OF THE HOME IMPROVEMENT COMMISSION All of the following activities are grounds for disciplinary action against a licensee EXCEPT A. Issuing a promissory note for the home improvement B. Failing to complete work on time Maryland Home Improvement Salesperson Exam Practice Questions And Answers C. Misrepresenting the cost of materials D. Violating building codes - The Answer Is ISSUING A PROMISSORY NOTE FOR THE HOME IMPROVEMENT A homeowner cancels a $1,000 door-to-door contract 2 days after signing the contract. The MAXIMUM service fee that may be collected by the contractor is A. $50 B. $100 C. $200 D. Nothing. No service fee may be collected - The Answer Is NOTHING. NO SERVICE FEE MAY BE COLLECTED All of the following are grounds for denial of licensure EXCEPT A. Criminal record B. Not being a Maryland resident C. Previous license revocation D. Fraudulent practices - The Answer Is NOT BEING A MARYLAND RESIDENT Maryland Home Improvement Salesperson Exam Practice Questions And Answers B. Midnight on Monday, September 24 C. Noon on Tuesday, September 25 D. Noon on Thursday, September 27 - The Answer Is NOON ON THURSDAY, SEPTEMBER 27 All of the following information on the "Notice of Cancellation" MUST be entered by the seller prior to giving the form to the buyer EXCEPT the A. Name of the seller B. Purchase price C. Date of the transaction D. Latest cancellation date - The Answer Is PURCHASE PRICE What is the MAXIMUM deposit permitted for a project with a total contract price of $1,500? A. $150 B. $500 C. $750 D. $1,500 - The Answer Is $500 Maryland Home Improvement Salesperson Exam Practice Questions And Answers What is the MAXIMUM amount that a home improvement contractor may pay to a homeowner for referring a client to the contractor? A. $100 B. $500 C. $1,000 D. The contractor is NOT permitted to compensate the homeowner for referrals - The Answer Is THE CONTRACTOR IS NOT PERMITTED TO COMPENSATE THE HOMEOWNER FOR REFERRALS A Home Improvement Contractor is a person who offers to A. Perform repairs for a homeowner B. Sell home improvement goods C. Provide consultation for home improvement D. All of the above - The Answer Is PERFORM REPAIRS FOR A HOMEOWNER All door-to-door sales contracts MUST include A. The name and address of the seller B. The buyer's social security number C. A detailed list of materials to be used Maryland Home Improvement Salesperson Exam Practice Questions And Answers D. The buyer's bank account details - The Answer Is THE NAME AND ADDRESS OF THE SELLER The Commission MUST give a MINIMUM of how many days notice to a licensee about a hearing on disciplinary action against the licensee? A. 5 days B. 10 days C. 15 days D. 30 days - The Answer Is 10 DAYS A person who is convicted of acting without a required Home Improvement license MUST wait a MINIMUM of what time period before being issued a license? A. 6 months B. 1 year C. 2 years D. 5 years - The Answer Is 1 YEAR Who investigates complaints against Home Improvement licensees? Maryland Home Improvement Salesperson Exam Practice Questions And Answers B. 2 months C. 3 months D. 6 months - The Answer Is 1 MONTH The Home Improvement Commission holds a hearing to determine the status of an individual's application for licensure. The Commission MUST notify the applicant of its decision within A. 30 days after the hearing B. 60 days after the hearing C. 90 days after the hearing D. 120 days after the hearing - The Answer Is 60 DAYS AFTER THE HEARING An applicant was denied a license after a hearing. When may the applicant reapply? A. 3 months B. 6 months C. 1 year D. 2 years - The Answer Is 6 MONTHS Maryland Home Improvement Salesperson Exam Practice Questions And Answers All of the following activities are grounds for disciplinary action against a licensee EXCEPT A. Issuing a promissory note for the home improvement B. Failing to complete work as agreed C. Misrepresenting the cost of services D. Violating building codes - The Answer Is ISSUING A PROMISSORY NOTE FOR THE HOME IMPROVEMENT All of the following Commission records can be inspected by the public during normal office hours EXCEPT A. Financial records of each licensee B. Meeting minutes C. Licensee applications D. Disciplinary actions - The Answer Is FINANCIAL RECORDS OF EACH LICENSEE A license that is NOT renewed will A. Be suspended B. Expire C. Be put on hold Maryland Home Improvement Salesperson Exam Practice Questions And Answers D. Be transferred to another individual - The Answer Is EXPIRE All of the following are grounds for denial of licensure EXCEPT A. Criminal record B. Not being a Maryland resident C. Previous license revocation D. Fraudulent application - The Answer Is NOT BEING A MARYLAND RESIDENT A homeowner cancels a $1,000 door-to-door contract 2 days after signing the contract. The MAXIMUM service fee that may be collected by the contractor is A. $50 B. $100 C. $200 D. Nothing. No service fee may be collected - The Answer Is NOTHING. NO SERVICE FEE MAY BE COLLECTED Maryland Home Improvement Salesperson Exam Practice Questions And Answers A. 5 days B. 10 days C. 15 days D. 30 days - The Answer Is 10 DAYS; What Must Be in Writing?: According to Section 8-501, what must be in writing for a home improvement contract? A) Verbal agreement B) The contract itself C) A handshake D) A text message - The Answer Is Answer: The contract itself must be in writing according to Section 8-501. Who Can Sign a Contract?: Per Section 8-501, who needs to sign the home improvement contract? A) Only the contractor B) Only the homeowner Maryland Home Improvement Salesperson Exam Practice Questions And Answers C) Both the contractor and homeowner D) The salesperson - The Answer Is Answer: Both the contractor and homeowner need to sign the home improvement contract as per Section 8-501. Salesperson Compensation: According to Section 8-502, from whom can a salesperson accept compensation? A) Any contractor B) The contractor they represent C) The homeowner D) Any third party - The Answer Is Answer: A salesperson can accept compensation only from the contractor they represent according to Section 8-502. Inducement Limitations: Per Section 8-503, what is the maximum value of a gift a salesperson can offer to a prospective customer? A) $10 B) $25 Maryland Home Improvement Salesperson Exam Practice Questions And Answers C) $50 D) $100 - The Answer Is Answer: The maximum value of a gift a salesperson can offer is $25 according to Section 8-503. Permit Requirements: According to Section 8-504, what must a permit for a home improvement include? A) The homeowner's social security number B) The license number of a licensed contractor C) The salesperson's favorite brand of tools D) The estimated market value of the home - The Answer Is Answer: A permit must include the license number of a licensed contractor as per Section 8-504. Code Violation Notification: Per Section 8-505, who is responsible for notifying the Commission of a contractor's failure to correct a building code violation? A) The homeowner B) The salesperson C) The county or municipal corporation Maryland Home Improvement Salesperson Exam Practice Questions And Answers B) Stating an equal monetary obligation to the consideration C) Stating a greater monetary obligation than the consideration D) Stating the monetary obligation in a foreign currency - The Answer Is Answer: It is prohibited to state a greater monetary obligation than the consideration for the home improvement according to Section 8-609. Advertising Regulations: According to Section 8-610, which of the following advertisements would NOT be considered false, deceptive, or misleading? A) An advertisement that complies with Federal Trade Commission regulations B) An advertisement that offers a service the person does not intend to perform C) An advertisement that states a price the person does not intend to honor D) An advertisement that directly contradicts the services offered - The Answer Is Answer: An advertisement that complies with Federal Trade Commission regulations would not be considered false, deceptive, or misleading according to Section 8-610. Maryland Home Improvement Salesperson Exam Practice Questions And Answers Violation of Laws: Per Section 8-611, which of the following laws is a licensee NOT prohibited from violating? A) Building law of the State B) Safety or labor law of the State C) The Maryland Workers' Compensation Act D) The Maryland Ice Cream Flavor Act - The Answer Is Answer: A licensee is not prohibited from violating the Maryland Ice Cream Flavor Act according to Section 8-611. Doing Business With Unlicensed Person: According to Section 8-612, can a person perform or sell a home improvement with someone who is not licensed? A) Yes B) No C) Only if the unlicensed person is a family member D) Only if the homeowner agrees - The Answer Is Answer: A person cannot perform or sell a home improvement with someone who is not licensed as per Section 8-612. Maryland Home Improvement Salesperson Exam Practice Questions And Answers Notification of Employment: Per Section 8-613, who is required to notify the Commission of an employment or other contractual relationship between a contractor and a salesperson? A) The salesperson B) The homeowner C) The contractor D) The Commission itself - The Answer Is Answer: The contractor is required to notify the Commission of an employment or other contractual relationship with a salesperson according to Section 8- 613. Business Name: According to Section 8-614, under what name can a person act as a contractor or sell a home improvement? A) Any name they choose B) The name under which they are licensed C) Their nickname D) Their social media handle - The Answer Is Answer: A person can act as a contractor Maryland Home Improvement Salesperson Exam Practice Questions And Answers B) $2,500 C) $5,000 D) $10,000 - The Answer Is Answer: The maximum civil penalty that the Commission may impose for a violation is $5,000 according to Section 8-620. General Criminal Penalty: Per Section 8-623, what is the maximum fine for a misdemeanor under this title if no greater penalty is provided? A) $500 B) $1,000 C) $2,000 D) $5,000 - The Answer Is Answer: The maximum fine for a misdemeanor under this title is $1,000 if no greater penalty is provided according to Section 8-623. Salesperson Representation: According to Section 8-502, can a salesperson represent more than one contractor concurrently? A) Yes Maryland Home Improvement Salesperson Exam Practice Questions And Answers B) No C) Only if the contractors are related D) Only if the homeowner agrees - The Answer Is Answer: A salesperson cannot represent more than one contractor concurrently according to Section 8-502. Inducements to Owners: Per Section 8-503, can a salesperson offer a cash loan as an inducement to make a home improvement contract? A) Yes B) No C) Only if it's less than $100 D) Only if it's more than $100 - The Answer Is Answer: A salesperson cannot offer a cash loan as an inducement to make a home improvement contract according to Section 8-503. Misrepresentation: According to Section 8-607, what is a person prohibited from making when obtaining a home improvement contract? A) A substantial misrepresentation Maryland Home Improvement Salesperson Exam Practice Questions And Answers B) A minor misrepresentation C) A true statement D) A suggestion - The Answer Is Answer: A person is prohibited from making a substantial misrepresentation when obtaining a home improvement contract according to Section 8-607. Fraudulent Actions: Per Section 8-608, what is a person prohibited from committing when executing a home improvement contract? A) Fraud B) A minor mistake C) A clerical error D) A true statement - The Answer Is Answer: A person is prohibited from committing fraud when executing a home improvement contract according to Section 8-608. Advertising Without Intent: According to Section 8-610, is it permissible to advertise a home improvement service that the person does not intend to perform? A) Yes