Mhic exam a 2024 - Study guides, Class notes & Summaries

MHIC NASCLA CONTRACTORS EXAM REVIEW Question and answers rated A+ 2023/2024 Yes - correct answer Does home improvement include work done on an individual condominium unit? Yes - correct answer Does home improvement include work done on a swimming pool? Yes - correct answer Does a home improvement contract HAVE to be in writing in order to preserve your lien rights? Subcontractors - correct answer Contractors who can only contract with a contractor or a subcontractor are:

MHIC Study set Exam 2024 Q&A Verified Which title is the Home Improvement law contained in? - CORRECT ANSWER-Title 8 of the Business Regulation Article of the Annotated Code of Maryland. How many sections or subtitles is the law divided into? What are they? - CORRECT ANSWER-8 sections. 1. Definitions and Jurisdiction. 2. The Commission. 3. Licensing and Disciplinary Actions. 4. The Guaranty Fund. 5. Home improvement contracts and miscellaneous provisions. 6. Prohibited acts and penal...

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...

MHIC Exam Graded A+ 2024

MHIC NASCLA CONTRACTORS EXAM REVIEW | Questions and Correct Answers | Latest Update 2024/2025 | 100% Pass Yes - Answer -Does home improvement include work done on an individual condominium unit? Yes - Answer -Does home improvement include work done on a swimming pool? Yes - Answer -Does a home improvement contract HAVE to be in writing in order to preserve your lien rights? Subcontractors - Answer -Contractors who can only contract with a contractor or a subcontractor are: Cannot - ...

MHIC NASCLA CONTRACTORS EXAM REVIEW 2024 Yes - CORRECT ANSWER-Does home improvement include work done on an individual condominium unit? Yes - CORRECT ANSWER-Does home improvement include work done on a swimming pool? Yes - CORRECT ANSWER-Does a home improvement contract HAVE to be in writing in order to preserve your lien rights? Subcontractors - CORRECT ANSWER-Contractors who can only contract with a contractor or a subcontractor are: Cannot - CORRECT ANSWER-A county or municipa...

MHIC NASCLA CONTRACTORS EXAM REVIEW 2024 Yes - ANS ️️ Does home improvement include work done on an individual condominium unit? Yes - ANS ️️ Does home improvement include work done on a swimming pool? Yes - ANS ️️ Does a home improvement contract HAVE to be in writing in order to preserve your lien rights? Subcontractors - ANS ️️ Contractors who can only contract with a contractor or a subcontractor are: Cannot - ANS ️️ A county or municipality in Maryland __________...

MHIC Questions And Answers Rated A+ 2024/25. Home improvement - correct answer. the addition to or alteration, conversion, improvement, modernization, remodeling, repair, or replacement of a building or part of the building Excluded (is not a) home improvement - correct answer. new home construction or work done to comply with the guarantee of completion for a new building Excluded (is not a) home improvement - correct answer. sale of materials, if the seller...

MHIC NASCLA Study Guide/State Exam Q&A 2024 How long does a claimant have to bring a claim against the guaranty fund? - CORRECT ANSWER-3 years from discovery of the loss or damage How many days does a contractor have to respond in writing to the copy of claim that was sent by the commission? - CORRECT ANSWER-10 days If within ________ after the commission gives notice , a contractor on whose amount a claim was paid does not reimburse the fund in full, the commission may sue the contr...

MHIC EXAM A 2024