Exam Study Guide 2025/2026 Exam
Questions and Verified Answers |
Already Graded A+
Home Improvement Trust Fund - 🧠ANSWER ✔✔A fund to which a
contractor can contribute every two years instead of securing a bond.
Plain English Contracts - 🧠ANSWER ✔✔Contracts must be in plain English
unless another language was used in any oral spoken sales presentation.
DCA - 🧠ANSWER ✔✔Department of Consumer Affairs.
Sales Persons Notification - 🧠ANSWER ✔✔Sales persons must submit
written confirmation of their employment to DCA within 48 hours of
appointment.
DOB - 🧠ANSWER ✔✔Department of Buildings.
,Sidewalk Work Permit - 🧠ANSWER ✔✔A permit from DOT is required to
perform sidewalk work.
DOT - 🧠ANSWER ✔✔Department of Transportation.
License Application - 🧠ANSWER ✔✔You must submit an application to
DCA for a new or renewed license; a separate home-improvement
contractor license is required for each place of business.
Sales Tax Handling - 🧠ANSWER ✔✔Contractors must collect sales tax for
repairs from the consumer and pay it.
Contract Amendment - 🧠ANSWER ✔✔The contractor should provide a
written amendment to the contract if a consumer wants more work done
beyond what's in the original contract.
Unlicensed Business Consequences - 🧠ANSWER ✔✔The DCA will
padlock, close down, and confiscate tools and trucks used in connection
with unlicensed home-improvement work.
Home Improvement Contract Requirements - 🧠ANSWER ✔✔Every home
improvement contract must be in writing and signed by everyone involved,
with a complete legible copy given to the consumer at the time of signing.
, Licensed Electrician Requirement - 🧠ANSWER ✔✔You must use a
licensed electrician to install anything having to do with light, heat, and
power, regardless of voltage.
Written Estimate Requirement - 🧠ANSWER ✔✔A contractor must furnish a
written estimate if the consumer requests one, including a disclosed fee if
applicable.
Consumer's Right to Cancel - 🧠ANSWER ✔✔A contractor or sales person
must inform the consumer of their right to cancel a home improvement
contract within three business days from the contract date.
Notice of Cancellation - 🧠ANSWER ✔✔A separate notice of cancellation
must be provided to the consumer at the time they sign the contract.
Subcontractor Licensing - 🧠ANSWER ✔✔A subcontractor must have a
DCA license to perform home improvement work in New York City.
Contract Attachment Requirement - 🧠ANSWER ✔✔The contractor or sales
person must attach two copies of a separate completed form titled 'Notice
of Cancellation' to the signed contract.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED