EXAM 2026|2027 ACTUAL COMPLETE REAL EXAM QUESTIONS
AND CORRECT ANSWERS (VERIFIED ANSWERS) ALREADY
GRADED A+ | GUARANTEED SUCCESS!! NEWEST EXAM | JUST
RELEASED!!’
How long does a claimant have to bring a claim against the guaranty
fund? -ANSWER-3 years from discovery of the loss or damage
How many days does a contractor have to respond in writing to the
copy of claim that was sent by the commission? -ANSWER-10 days
If within ________ after the commission gives notice , a contractor on
whose amount a claim was paid does not reimburse the fund in full, the
commission may sue the contractor for reimbursement. -ANSWER-60
days
In addtion to full reimbursement of the fund, a contractor is
responsible to pay at least _________interest on the amount to
reimburse. -ANSWER-10 %
Contractor, jack smith, is not getting along with hector jones , his
customer. If he decides not to complete the contract, has jack broken
any laws? -ANSWER-Yes
, Can a contractor decide to use material other than specified in the
contract documents without getting permission from the owner? -
ANSWER-No
All advertising has to provide the identifier "Maryland home
improvement commission license no___________"or "MHIC -ANSWER-
True
What is the maximum penalty the commission may impose upon a
contractor, licensed or unlicensed , per violation of these laws -
ANSWER-$5,000
Advertising must be done in a way as to avoid misrepresentating the
product, service or Terms of sale so as not to deceive the customer. -
ANSWER-True
An applicant must provide to the commission, a credit report with their
application. -ANSWER-True
The state can record a lien against any real property owners by the
contractor for a debt owed to the fund -ANSWER-True
If the commission pays a claim from the fund base on the actions or
omissions of a contractor, the commission may suspend the contractors