MHIC NASCLA Contractors Guide
How long does a claimant have to bring a claim against the guaranty fund? - ✔
✔ 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? - ✔ ✔ 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. - ✔ ✔ 60 days
In addtion to full reimbursement of the fund, a contractor is responsible to pay
at least _________interest on the amount to reimburse. - ✔ ✔ 10 %
The state can record a lien against any real property owners by the contractor
for a debt owed to the fund - ✔ ✔ 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 license until full
reimbursement of the fund plus at least 10%interest - ✔ ✔ True
, A home improvement contract in compliance with the home improvement laws
would include all of the following except - ✔ ✔ Names and license numbers
of subcontractors
A salesperson may not represent 2 contractors at the same time for the same
project. - ✔ ✔ True
Can a sales person legally accept money for themselves from the customer - ✔
✔ No
It is against the law for building and permits departments to issue a permit to
contractor without the contractors license number. - ✔ ✔ True
If a contractor fails to correct violation of the building code within reasonable
time period, the county or municipality inspecting the project shall notify the
commission - ✔ ✔ True
What is the maximum fine for contracting without a license-second offense - ✔
✔ $5,000 and/or 2 years in jail or both
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? - ✔ ✔
Yes
How long does a claimant have to bring a claim against the guaranty fund? - ✔
✔ 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? - ✔ ✔ 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. - ✔ ✔ 60 days
In addtion to full reimbursement of the fund, a contractor is responsible to pay
at least _________interest on the amount to reimburse. - ✔ ✔ 10 %
The state can record a lien against any real property owners by the contractor
for a debt owed to the fund - ✔ ✔ 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 license until full
reimbursement of the fund plus at least 10%interest - ✔ ✔ True
, A home improvement contract in compliance with the home improvement laws
would include all of the following except - ✔ ✔ Names and license numbers
of subcontractors
A salesperson may not represent 2 contractors at the same time for the same
project. - ✔ ✔ True
Can a sales person legally accept money for themselves from the customer - ✔
✔ No
It is against the law for building and permits departments to issue a permit to
contractor without the contractors license number. - ✔ ✔ True
If a contractor fails to correct violation of the building code within reasonable
time period, the county or municipality inspecting the project shall notify the
commission - ✔ ✔ True
What is the maximum fine for contracting without a license-second offense - ✔
✔ $5,000 and/or 2 years in jail or both
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? - ✔ ✔
Yes
