Oregon Contractors License best Study Guide with Answers.

what chapter has licensing exemptions? - Ans Chapter 1 A licensed landscape contracting business that constructs fences, decks, arbors, patios, landscape edging, driveways, walkways or retaining walls is exempt from licensing as a contractor. True or False - Ans True what is a small residential structure? - Ans A nonresidential structure with a ground area of 10,000 square feet or less and the structure is not more than 20 feet tall; or A nonresidential unit in a larger structure if the unit is 12,000 square feet or less and the unit is not more than 20 feet tall; or Any appurtenance to the above (appurtenances are any necessary improvement to real estate associated with a structure); or A nonresidential structure of any size if the contract price for all construction is not more than $250,000. A large commercial structure is any nonresidential structure that is larger than a small commercial structure. What isa residential structure? - Ans A residential structure includes a site-built home; a structure that contains one or more dwelling units and is four stories or less; a condominium or other residential unit; a modular home constructed off-site; a floating home; a manufactured dwelling; and any appurtenance to the listed structures. What isa residential contractor ? - Ans A residential general contractor is a contractor whose business (including subcontracts) requires the use of more than two unrelated business trades and who undertakes or offers to undertake work in connection with residential or small commercial structures. Residential General Contractor - Ans A residential general contractor is a contractor whose business (including subcontracts) requires the use of more than two unrelated business trades and who undertakes or offers to undertake work in connection with residential or small commercial structures. Notice that the residential general contractor can perform small commercial projects as well, but is not allowed to perform work on large commercial structures. Bond: $20,000 Insurance: $500,000 Occurrence Experience: None Training: 16 hours of continuing education RMI: Must have an RMI Residential Specialty Contractor - Ans A residential specialty contractor is a contractor whose business requires the use of two or fewer unrelated business trades and who undertakes or offers to undertake work in connection with residential or small commercial structures (generally less than 20 feet tall and less than 10,000 square feet; see ORS 701.005 for more). Bond: $15,000 Insurance: $300,000 Occurrence Experience: None Training: 16 hours of continuing education RMI: Must have an RMI Residential Limited Contractor - Ans A residential limited contractor performs work on residential or small commercial structures but does not perform work exceeding $40,000 in annual volume or enter into any one contract to perform work that exceeds $5,000 per job site per year. Bond: $10,000 Insurance: $100,000 Occurrence Experience: None Training: 8 hours of continuing education RMI: Must have an RMI Residential Developer - Ans A residential developer is a developer of property that is zoned for or intended for use compatible with a residential or small commercial structure. Bond: $20,000 Insurance: $500,000 Occurrence Experience: None Training: None RMI: No RMI is required