MHIC NASCLA Contractors Guide

MHIC NASCLA Contractors Guide How long does a claimant have to bring a claim against the guaranty fund? - ANS 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? - ANS 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 contractor for reimbursement. - ANS 60 days In addition to full reimbursement of the fund, a contractor is responsible to pay at least _________interest on the amount to reimburse. - ANS 10 % The state can record a lien against any real property owners by the contractor for a debt owed to the fund - ANS True If the commission pays a claim from the fund base on the actions or omissions of a contractor, the commission may suspend the contractors license until full reimbursement of the fund plus at least 10%interest - ANS True A home improvement contract in compliance with the home improvement laws would include all of the following except - ANS Names and license numbers of subcontractors A salesperson may not represent 2 contractors at the same time for the same project. - ANS True Can a sales person legally accept money for themselves from the customer - ANS No It is against the law for building and permit departments to issue a permit to a contractor without the contractor's license number. - ANS True If a contractor fails to correct violation of the building code within reasonable time period, the county or municipality inspecting the project shall notify the commission - ANS True What is the maximum fine for contracting without a license-second offense - ANS $5,000 and/or 2 years in jail or both Contractor, Jack Smith, is not getting along with Hector Jones , his customer. If he decides not to complete the contract, has Jack broken any laws? - ANS Yes Can a contractor decide to use material other than specified in the contract documents without getting permission from the owner? - ANS No Contractors may not : - ANS Lie on their license application Make false promises Misrepresent their service or product Contractor, jack brown, makes a deal with customer, a meal cougar , to provide an estimate of $40,000 on project where the actual cost a