Final exam of mhic Study guides, Class notes & Summaries

FINAL EXAM OF MHIC WITH ALL QUESTIONS AND ANSWERS...

MHIC EXAM COMPLETE FINAL STUDY GUIDE 2024 How many licenses are there? - CORRECT ANSWER-2 Contractor and Sub-Contractor Who can request a Mechanics Lien? - CORRECT ANSWER-Contractor or SubContractor How many days do you have to issue a Mechanics Lien - CORRECT ANSWER-180 Days How many days do you have to issue a notice of a Mechanics Lien? - CORRECT ANSWER-120 days What is the % of value must the property have before you are eligible to issue a ML? - CORRECT ANSWER-15% How many day...

MHIC EXAM COMPLETE FINAL STUDY GUIDE 2024 How many licenses are there? - CORRECT ANSWER-2 Contractor and Sub-Contractor Who can request a Mechanics Lien? - CORRECT ANSWER-Contractor or SubContractor How many days do you have to issue a Mechanics Lien - CORRECT ANSWER-180 Days How many days do you have to issue a notice of a Mechanics Lien? - CORRECT ANSWER-120 days What is the % of value must the property have before you are eligible to issue a ML? - CORRECT ANSWER-15% How many day...

MHIC Study Guide Final Exam 2024 A contractor must pay ________ to the gauaranty fund? - CORRECT ANSWER-10% Unlicensed contractor homeowner receives how much for work - CORRECT ANSWERNothing because unlicensed Filing a complaint is a way to receive compensation for a homeowner - CORRECT ANSWER-False Gauaranty fund exceeds 100,000 commission will do what - CORRECT ANSWER-Pro rate the claims so claimant receives the same amount Renew for sales person - CORRECT ANSWER-$100 Contractor has...