MHIC Licenes Practice #2.
A claim against the Home Improvement Guaranty Fund must be introduced to the Commission
within what time period? - ANS-Within 3 years of discovering the loss or damage.
A agreement was signed at midday. How many days does a customer ought to cancel a
door-to-door sale home improvement contract? - ANS-5 Days up to middle of the night.
A organization in the place's most effective legal agent to promote the products of a particular
manufacturer. What assertion can that organization utilized in it is advertisements? -
ANS-Authorized agent of the producer.
A domestic development contractor is advertising a carpet sale. The advertisements consist of
best the simple fee for the carpet, for this reason leaving out any additional statistics. Which of
the following statements is required in the ads? - ANS-A statement on additional costs,
consisting of installation.
A property owner and a contractor prepare a false Certificate of Completion to offer to the
contractor's financial institution to obtain additional credit score. If convicted, what's the
maximum penalty for this violation of the Home Improvement Act? - ANS-A 5,000 quality and 3
years of imprisonment for the contractor
A homeowner initiates a court motion towards a contractor for losses, and, at the same time,
documents a declare with the Home Improvement Guarnaty Fund for the equal losses. The
Commissions MUST? - ANS-Suspend all actions untill the court complaints are finalized.
A mold remediation services licensee should be included via an coverage of as a minimum? -
ANS-$1,000,000.
All of the following are grounds for denial of licensure EXCEPT? - ANS-Not being a Maryland
resident.
An Arbitration clause in a domestic improvement agreement should comprise the subsequent
statistics? - ANS-All of the above.
Don Smith, a licensed contractor, is in price of the home improvement offerings rendered with
the aid of the organization HITT Construction Corp. He also owns 10% of the company. There
turned into a declare towards the Guaranty Fund for $10,000,00. How an awful lot does the
contractor must pay again to the Guaranty Fund? - ANS-$10,000,00.
A claim against the Home Improvement Guaranty Fund must be introduced to the Commission
within what time period? - ANS-Within 3 years of discovering the loss or damage.
A agreement was signed at midday. How many days does a customer ought to cancel a
door-to-door sale home improvement contract? - ANS-5 Days up to middle of the night.
A organization in the place's most effective legal agent to promote the products of a particular
manufacturer. What assertion can that organization utilized in it is advertisements? -
ANS-Authorized agent of the producer.
A domestic development contractor is advertising a carpet sale. The advertisements consist of
best the simple fee for the carpet, for this reason leaving out any additional statistics. Which of
the following statements is required in the ads? - ANS-A statement on additional costs,
consisting of installation.
A property owner and a contractor prepare a false Certificate of Completion to offer to the
contractor's financial institution to obtain additional credit score. If convicted, what's the
maximum penalty for this violation of the Home Improvement Act? - ANS-A 5,000 quality and 3
years of imprisonment for the contractor
A homeowner initiates a court motion towards a contractor for losses, and, at the same time,
documents a declare with the Home Improvement Guarnaty Fund for the equal losses. The
Commissions MUST? - ANS-Suspend all actions untill the court complaints are finalized.
A mold remediation services licensee should be included via an coverage of as a minimum? -
ANS-$1,000,000.
All of the following are grounds for denial of licensure EXCEPT? - ANS-Not being a Maryland
resident.
An Arbitration clause in a domestic improvement agreement should comprise the subsequent
statistics? - ANS-All of the above.
Don Smith, a licensed contractor, is in price of the home improvement offerings rendered with
the aid of the organization HITT Construction Corp. He also owns 10% of the company. There
turned into a declare towards the Guaranty Fund for $10,000,00. How an awful lot does the
contractor must pay again to the Guaranty Fund? - ANS-$10,000,00.