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MHIC NEWEST 2025/2026 ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!

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MHIC NEWEST 2025/2026 ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!

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MHIC

____________________ way the fee of recovery, repair, replacement, or crowning glory that
arise from unworkmanlike, insufficient, or incomplete home improvement. - ANS-Actual loss

________________________ is NOT accredited whilst obtaining a domestic improvement
agreement. - ANS-Misrepresentation

"Local authorization prohibited" method - ANS-a county or municipal enterprise (city) might not
require a business authorization to perform or promote a domestic development

A ____________________ isn't required to be licensed underneath Title 17, Subtitle 3. -
ANS-marine contractor

A __________________________ is needed to teach certified renovators of lead-based paint
projects. - ANS-EPA-authorized schooling company

A balance sheet equation is ________________________ - ANS-Assets = Liabilities + Owners'
Equity

A metropolis or county may not issue a permit for a home improvement unless the allow
consists of the ________________ of a certified contractor. - ANS-license range

A contractor won't receive a ___________________ before signing a home development
contract - ANS-charge for deposit

A holder of a contractor license that is on inactive reputation may not act as a
___________________ - ANS-contractor

A licensing exemption - ANS-a safety device technician

A licensing exemption - ANS-a cellphone solicitor

A licensing exemption - ANS-an employee of a licensed contractor who sells the house
improvement at a retail establishment

A person might not reapply for license inside _________________ after the character has a
license denied or revoked - ANS-6 months

A salesclerk might not __________________________ the name of the contractor. - ANS-use a
contract shape that does not disclose

, A salesperson should use a agreement shape that ___________________________ -
ANS-need to call the contractor

Amount of popular liability coverage - ANS-$50,000

An advertisement of an MHIC contractor need to - ANS-consist of the MHIC license quantity and
can not be fake, misleading, or misleading

An applicant for a contractor license shall have how many years of trade enjoy? - ANS-2 years

An exemption from licensing - ANS-an employee of a subcontractor

An exemption from licensing by way of MHIC - ANS-someone who holds some other nation
license and who is working with inside the scope of that license, together with an architect or
plumber, and their salesclerk

At what level must the Commission hold the house development warranty fund? -
ANS-$250,000

Commission might not award extra than ____________________ to all claimants for the acts or
omissions of 1 contractor - ANS-$one hundred,000

Contractor - ANS-a person who performs or offers or consents to carry out a home development
for an owner. And employee of the owner isn't a contractor.

Contractor response time for a grievance - ANS-10 days

Definition of business day - ANS-any calendar day except Sunday or foremost vacations

During a sales presentation, what number of contractors can a shop clerk constitute? -
ANS-best one

Each home improvement contractor shall - ANS-be in writing and legible; describe surely each
report that it consists of; and be signed through every birthday party to the home improvement
settlement

Employers need to have an OSHA Emergency Action Plan in the event that they have greater
than ___________________ employees. - ANS-10

EPA requires that only ______________________ can perform portray work on projects on
systems constructed before 1978. - ANS-licensed contractors

Exam rankings are appropriate for how lengthy? - ANS-2 years

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