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MN Contractor License Exam Study Guide | Minnesota Contractor License Exam Prep

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Prepare for the Minnesota Contractor License Exam with this focused study resource designed to support effective exam preparation and review.

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MN Contractor License Exam
MN Contractor License Exam
Study online at https://quizlet.com/_dywgf2

1. A Contractor must first con- False- you must contact the Minnesota Secretary of State
tact the Department of Com-
merce when filing for an as-
sumed name

True or False

2. A contractor must notify the False- you have 15 days to notify the Commissioner
Commissioner of any change in
personal name, trade name of
business entity, or business lo-
cation no later than 30 days af-
ter change

True or False

3. Within a written contract , words True
take priority over numbers.

True or False

4. When building a new home or False- the prime contractor works under the property owner,
remodeling, the prime contrac- the subcontractors work under the prime contractor
tor and all subcontractors work
under the direction of the prop-
erty owner

True or False

5. Non-licensed independent con- True
tractors are required to be reg-
istered with the DLI




, MN Contractor License Exam
MN Contractor License Exam
Study online at https://quizlet.com/_dywgf2


True or False

6. General liability insurance True
should be at least $100,000 per
occurrence and $300,000 aggre-
gate limit for bodily injury

True or False

7. The maximum recovery for the True
Contractor Recovery Fund is
$300,000 per license

True or False

8. Timely renewal for your license False- the renewal is every other year on March 1st
is every other year on March
31st

True or False

9. One of the benefits of being a li- False- a licensed remodeled can only do remodeling and
censed residential remodeled is roofing
that remodelers can also build
new homes

True or False

10. The Construction Codes and Li- True
censing Division of the DLU pub-
lishes a free quarterly newslet-
ter called the CCLD Review

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