Maryland Home Improvement Salesperson Exam Prep 2024/2025

MARYLAND HOME IMPROVEMENT SALESPERSON EXAM PREP When must a contractor's home improvement license be renewed? - correct answer By June 30th- every 2 years What is the initial assessment for the home improvement guaranty fund of every home improvement contractor? - correct answer $100 Requirement of a home improvement contract - correct answer The customer is given a signed copy of the contract before work begins What is the maximum deposit a contractor may require to build a deck attached to a house if the total contract if for $5400 - correct answer $1800 A contractor specializes in building decks. What is the most important item in his advertising? - correct answer His name and license number An applicant for or holder of a subcontractor license must have general liability insurance of not less than what amount? - correct answer $50,000 What is the license application fee for a salesperson license? - correct answer $120 Which person is required to obtain a Maryland home improvement license? - correct answer A contractor who works in Maryland but whos principal place of business is not in Maryland. A home improvement contractor has contracted for and constructed a garbage. The roof failed to support the snow load the following winter, damaging both rood and the owner car. The contractor repaired the roof, but refuses to pay for repairs to the car. How much may the property owner recover from the home improvement guaranty fund for repairs to his car? - correct answer Nothing