Maryland Home Improvement PSI Exam Study Guide Questions & 100% Verified Answers | Latest Update | Already Graded A+

A Home Improvement Contractor is a person who offers to 1. perform repairs for a homeowner 2. construct a new home for a homeowner 3. sell supplies or equipment to a "do-it-yourself" homeowner 4. alter plumbing lines to accommodate new appliances : 1. perform repairs for a homeowner What is the MAXIMUM deposit permitted for a project with a total contract price of $1,500? 1. $150 2. $500 3. $750 4. $1,500 : 2. $500 2 | P a g e What is the MAXIMUM amount that a home improvement contractor may pay to a homeowner for referring a client to the contractor? 1. $100 2. $1,000 3. 10% of the contract amount 4. The contractor is NOT permitted to compensate the homeowner for referrals : 4. The contractor is NOT permitted to compensate the homeowner for referrals All of the following are exempt from licensing under the Home Improvement Law EXCEPT