MARYLAND HOME IMPROVEMENT SALESPERSON EXAM PREP Questions with complete solution 2024

MARYLAND HOME IMPROVEMENT SALESPERSON EXAM PREP Questions with complete solution 2024MARYLAND HOME IMPROVEMENT SALESPERSON EXAM PREP When must a contractor's home improvement license be renewed? - correct answer By June 30th- every 2 years What is the initial assessment for the home improvement guaranty fund of every home improvement contractor? - correct answer $100 Requirement of a home improvement contract - correct answer The customer is given a signed copy of the contract before work begins What is the maximum deposit a contractor may require to build a deck attached to a house if the total contract if for $5400 - correct answer $1800 A contractor specializes in building decks. What is the most important item in his advertising? - correct answer His name and license number An applicant for or holder of a subcontractor license must have general liability insurance of not less than what amount? - correct answer $50,000 What is the license application fee for a salesperson license? - correct answer $120 Which person is required to obtain a Maryland home improvement license? - correct answer A contractor who works in Maryland but whos principal place of business is not in Maryland.