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PSI Maryland Practice Exam Questions With Correct Answers
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MHIC Exam Latest Questions And Answers
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What is the passing score for the MHIC license? - ANS 70% If you are conducting home improvement without a license on the first offense, what is the penalty? - ANS $1000 fine, and not exceeding 6 months of prison. If you are conducting home improvement without a license on the fi...
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Add to cartWhat is the passing score for the MHIC license? - ANS 70% If you are conducting home improvement without a license on the first offense, what is the penalty? - ANS $1000 fine, and not exceeding 6 months of prison. If you are conducting home improvement without a license on the fi...
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PSI Maryland Practice Exam Questions With Correct Answers
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A buyer wants to purchase a home for $160,000 with a 15% down payment. The lender charges 2 points. How much money does the buyer need up front to make the purchase? A. $2,720 B. $24,000 C. $24,408 D. $26,720 - ANS D. $26,720 When a home is purchased using an ARM, the monthly loan pa...
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Add to cartA buyer wants to purchase a home for $160,000 with a 15% down payment. The lender charges 2 points. How much money does the buyer need up front to make the purchase? A. $2,720 B. $24,000 C. $24,408 D. $26,720 - ANS D. $26,720 When a home is purchased using an ARM, the monthly loan pa...
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MHIC Exam Questions And Answers
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What does MHIC mean? - ANS Maryland Home Improvement Commission What is the primary function of the MHIC? - ANS To protect the health and safety of the general public What type of home improvement licenses are there in Maryland? - ANS Contractor and salesperson The cont...
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Add to cartWhat does MHIC mean? - ANS Maryland Home Improvement Commission What is the primary function of the MHIC? - ANS To protect the health and safety of the general public What type of home improvement licenses are there in Maryland? - ANS Contractor and salesperson The cont...
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