Michigan Residential Builder's License practice exam with 100% correct answers already graded A+

What is the 1st offense penalty for engaging in the practice of residential building without a license? Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what should you write as your "business address"? Your personal address What is the cost of the individual builder's license? $195 After receiving your residential builder's license, what are the only trades that are not covered by your license? -Plumbing -Electrical -HVAC Who is the TESTING company for the State of Michigan? PSI What is the name of the DEPARTMENT that regulates your license? LARA Before you may test, what must you do? Present 2 forms of ID How should you schedule your test with PSI? -Online -Mail -Phone/Fax When will you receive your test score? Immediately following the completion of the test What are the 2 parts of the Residential Builder's Exam? -Business & Law -Practice & Trade How long will you have to complete the Practice & Trade portion of the exam? 180 mins What is a quick asset ratio? 1 to 1 Under the carpentry section of the test, what does a "span table" tell us? What species and what grade of lumbar a floor joist has to be to span a certain distance Which topics will be covered on the Practice & Trade portion of the exam? -Carpentry -Roofing -Insulation Do you need a Residential Builder's License to work on commercial projects? No Where does the most fraud occur? The residential market As a builder, your license falls under the regulation of what? -Rules by the director & board -Laws of The State of Michigan What is the make up of the 9 members of the board? -6 individuals that have a license/registration in the occupation in which the board monitors -3 members of the general public Under the definition of occupation code, what does the word "limitation" refer to? A condition, stricture, restraint or probation attached to a license relative to the scope of practice Who, upon completing a hearing, shall assess a penalty(ies)? The Board If you fail to renew your license/registration on or before the expiration date, how many days do you have to resubmit with the proper payment and late fee? 60 Days When the department is investigating a complaint and finds evidence of a violation, what actions can be brought against them? -Cease & desist order -Formal complaint -Citation How many days after the administrative law hearings examiner hears the report, must a determination of penalties be made by the board? 60 Days What is a compliance conference? A meeting where the respondent meets with the department to discuss the complaint against them What is a possible penalty for operating without a residential builder's license? -A placement of a limitation on the license -Probation -Suspension of license What does a residential structure mean? A premise used or intended to be used for a residence purpose and related facilities appurtenant to the premises used or intended to be used as an adjunct of residential occupancy When can an employee other than the listed salesperson make a sale? When it's occasional and incidental to the person's principle employment Why would someone be allowed to operate without a residential builder's license? -They are an authorized representative of the US Government -They are the owner of a rental property with reference to the maintenance and alteration of that rental property -An owner of property with reference to a structure on the property for the owner's own use and occupancy Beginning the license cycle after Dec 21st, 2007, the department shall issue the license of a residential builder and residential maintenance and alteration contractor for a period of how many years duration? 3 years After receiving your initial residential builder's license, how many hours of continuing competency are required within the next 3 years? 21 hours How is the salesperson license changed when the salesperson desires to change employment from 1 residential builder to another? -License will be forwarded to the department -An application for transfer is made -New license under the new employer will be issued Regarding workmanship, how long does a client have to file a "verified complaint"? 18 months If a licensed residential builder or licensed residential maintenance and alteration contractor wishes to change the control or direction of the business, how long do they have to report that change to the department? 10 days The department shall conduct a review upon the notice that the licensee has violated the asbestos abatement contractors licensing act, what is a possible consequence for this violation? -The department may suspend/revoke that person's license -Fines may be issued When the board issues the findings of a verified complaint, what happens? -Department will post on its website any final order of the board and the date it was issued According to the Administrative Rules, what does and application for a license include? -The residence address of all individuals, partners, officers and/or members as requested by the board -The address if the principle place of business in Michigan Upon final order of license suspension/revocation, the licensee shall surrender the license to the department within how many days of the date of suspension/revocation? 10 days According to the Administrative Rules, what shall a licensee include on all advertising? -Name on license -License number