SALESPERSON EXAM PREP QUESTIONS
AND ANSWERS 100% ACCURATE (GRADED
A+)
When must a contractor's home improvement license be renewed? - ANSWER By June
30th- every 2 years
What is the initial assessment for the home improvement guaranty fund of every home
improvement contractor? - ANSWER $100
Requirement of a home improvement contract - 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 - ANSWER $1800
A contractor specializes in building decks. What is the most important item in his
advertising? - 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? - ANSWER $50,000
What is the license application fee for a salesperson license? - ANSWER $120
Which person is required to obtain a Maryland home improvement license? - ANSWER
A contractor who works in Maryland but whos principal place of business is not in
Maryland.
A home improvement contractor has contracted for and constructed a garbage. The roof
failed to support the snow load the following winter, damaging both rood and the owner
car. The contractor repaired the roof, but refuses to pay for repairs to the car. How
much may the property owner recover from the home improvement guaranty fund for
repairs to his car? - ANSWER Nothing