Mhic Nascla Contractors Exam Review Questions & 100%Correct Answers 2024 A+Graded.

MHIC NASCLA CONTRACTORS EXAM REVIEW QUESTIONS & 100%CORRECT ANSWERS 2024 A+GRADED. Does home improvement include work done on an individual condominium unit? - Correct Answer-Yes Does home improvement include work done on a swimming pool? - Correct Answer-Yes Does a home improvement contract HAVE to be in writing in order to preserve your lien rights? - Correct Answer-Yes Contractors who can only contract with a contractor or a subcontractor are: - Correct Answer-Subcontractors A county or municipality in Maryland _____________ require a contractor to get authorization from an official in that city to be able to contract in that municipality. - Correct AnswerCannot MHIC NASCLA CONTRACTORS EXAM REVIEW QUESTIONS & 100%CORRECT ANSWERS 2024 A+GRADED. pg. 2 l A county or municipality in Maryland _______________ regulate the character, performance and quality of home improvement. - Correct Answer-Can How many members are there in the Maryland Home Improvement Commission? - Correct Answer-7 Of the 7 members on the Commission, how many are experienced in home improvement? - Correct Answer-3 What is the term of a member on the Commission? Associated Answers - Correct Answer-4 Years How long must a person be a citizen and member of Maryland before they can be appointed to the Commission? - Correct Answer-5 years It is illegal for a member of the Commission to receive any compensation from a person regulated by the Commission. - Correct Answer-True How often does the Commission hold meetings at a minimum? - Correct Answer-12 times a year pg. 3 l The _______________ is a full time employee of the State. - Correct Answer-Executive Director People hired to investigate complaints about home improvement projects work under: - Correct Answer-the Director of the Commission If the Commission decides to sue a contractor because they believe that the contractor has or will cause harm to another person, they can sue for: - Correct Answer-1. injunctive relief against the conduct 2. an order for satisfactory completion 3. restitution Can the Commission request financial records at any time? - Correct Answer-yes Must a contractor, sub-contractor, or salesperson who places their license on inactive status pay a fee to renew an inactive license? - Correct Answer-yes pg. 4 l Can the Commission take disciplinary action against an inactive license? - Correct Answer-yes How many days does a licensee have to notify the Commission of change in control in ownership, management, address or trade name? - Correct Answer-10 days How many contractors may a salesperson represent? - Correct Answer-2 The following are exempt from licensure requirements: Associated Answers 1 employees for labor services 2 employees for clerical work 3 Salespersons 4 both a and b - Correct Answer-both a and b What is the minimum amount of liability insurance needed? - Correct Answer-$50,000.