MICHIGAN BUILDERS LICENSE LAW ELABORATED QUESTIONS WITH 100% CORRECT ANSWERS

MICHIGAN BUILDERS LICENSE LAW ELABORATED QUESTIONS WITH 100% CORRECT ANSWERS A.) 18 months after completion, occupancy or purchase, whichever occurs latest - CORRECT ANSWER Per the occupational code, the builder is liable for his construction project up to A.) 18 months after completion, occupancy or purchase, whichever occurs latest B.) The final inspection C.) 1 year after the Certificate of Occupancy is issued D.) After final payment D.) Commingling - CORRECT ANSWER -Combining money from several jobs to finish an existing job is an example of A.) Money transfer B.) Fraud C.) Censure D.) Commingling C.) Construction Board of Appeals - CORRECT ANSWER -Board of Appeals means A.) Planning Board of Appeals B.) Zoning Board of Appeals C.) Construction Board of Appeals