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

Download Maryland Home Improvement Commission Exam Questions and Answers and more Exams Real Estate Management in PDF only on Docsity! MHIC Exam Questions and Answers What does MHIC mean? - correct answer Maryland Home Improvement Commission What is the primary function of the MHIC? - correct answer To protect the health and safety of the general public What type of home improvement licenses are there in Maryland? - correct answer Contractor and salesperson The contractors license enables the licensee to work as: - correct answer contractor, subcontractor, and salesperson Don smith is applying with the commission to obtain his Home Improvement License. He took the exam and failed on his first try. When will Mr.Smithh be able to retake his exam? - correct answer 30 days When is an MHIC license applicant exempt from taking the Home Improvement Law and Regulations exam? - correct answer Never John Thompson wants to apply for the Contractor's License, but he does not have the two years work MHIC Exam Questions and Answers experience in construction required by the MHIC. Can he still apply? - correct answer Yes, if he can prove that he has the amount of education and training that regulations adopted by the commission established as being equal or comparable to two years work experience Of the following, which are requirements that MUST be met when applying for and obtaining the Contractor's license: A) To Pass the test and pay fees B) To prove two years worth of work experience in the construction field C) To maintain a general liability insurance of at least $50,000 and to demonstrate financial solvency D) All of the above - correct answer All of the above Who regulates Home Improvement businesses in Maryland? - correct answer The Maryland Home Improvement Commission Paula Johnson has resided in the state of Maryland for three years and six months, and she wants to become a commissioner with the MHIC. Can she become a MHIC Exam Questions and Answers Which of the following do the MHIC law and regulations not regulate - correct answer working in a 4-unit building How much does the commission charge for verification of a license's good standing? - correct answer $1 What is the sum of all fees required to be paid when applying for a contractor's License? - correct answer $370 After someone is convicted, how long does he/she have to wait to be able to apply for a license? - correct answer 1 year Who can appoint or remove a commissioner or member of the commission? - correct answer The governor when may a licensed contractor receive a down payment for a home improvement contract? - correct answer When bot the licensed contractor and the home owner sign the contract. If a salesperson working for two contractors executes a contract with a given homeowner, whom could he receive MHIC Exam Questions and Answers a commission from? - correct answer Only from the contractor who will be approving the contract and performing the home improvement who chooses the members of the hearing board? - correct answer The members of the commission How often shall the Commission give a current list of all licensees to the building and permits department and each county's office of consumer affairs? - correct answer Each month A hearing notice shall be sent at least __ days before the hearing by certified mail to the licensee's business address that is on record. with the commission. - correct answer 10 days If a contractor fails to pay an assessment to be credited to the Guaranty Fund within 60 days after notice of the assessment, the commission will: - correct answer Suspend the license If the commission finds the the claimant unreasonably rejected good faith efforts by the contractor to resolve the claim, the commission may: - correct answer Deny the claim MHIC Exam Questions and Answers If someone is found performing a home improvement without an MHIC License for the first time, what penalty are the subjected to? - correct answer A fine of up tp $1,000 and / or imprisonment not exceeding 6 months What is the penalty for accepting a false completion certification? - correct answer A fine of up to $5,000 and / or imprisonment not exceeding 3 years What is the penalty if someone is found performing a Home Improvement without an MHIC License for the second time ? - correct answer A fine up to $5,000 and / or imprisonment not exceeding 2 years Upon conviction, what is the criminal penalty for advertising without a MHIC License number? - correct answer A fine of up to $1,000 and/ or imprisonment not exceeding 6 months A mold remediation services licensee must be covered by any insurance of at least: - correct answer $1,000,000