Michigan Builder Salesperson License Pt. 1 Exam
Questions & Answers Latest
The Board consists of ____ licensed contractors and _____ members of the general public. - ANS ✔ - 6
and 3
A Salesperson may only be licensed to _____ builder or M&A contractor. - ANS ✔ - 1
The residential builder or M&A contractor salesperson is also allowed to practice real estate sales
under the same license. - ANS ✔ - False
When referring to the Department, Department stands for ______________. - ANS ✔ - Department of
Licensing and Regulatory Affairs
Board of Residential Builders and M & A Contractors is comprised of ______ members in total. - ANS ✔
-9
A _________ is a person who engages in the purchase, substantial rehabilitation or improvement, and
resale of a residential structure, engaging in that activity more than twice in one calendar year. - ANS
✔ - residential builder
A person who lets their license expire for more than _____ days, must reapply and pay additional fees.
- ANS ✔ - 60
If your license has been expired for more than ________, you must re-qualify by passing the test again.
- ANS ✔ - 3 years
The __________ investigates complaints filed against licensees, as well as qualifying new applicants. -
ANS ✔ - director of the board
Persons on active duty are exempt from renewal and continuing education requirements until _______
after release from duty. - ANS ✔ - 90
,If a candidate fails to show up for the exam, the exam fee is forfeited. - ANS ✔ - true
The ____________ is the person against whom a complaint has been filed. - ANS ✔ - respondent
Which of the following are considered violations? a. false advertising
b. deceit in practicing
c. gross negligence
d. all of the above - ANS ✔ - all of the above
Unlicensed builders who engage in contracts are committing a ____________ punishable by both fines
and/or jail time. - ANS ✔ - misdemeanor
After an investigation, a respondent has what choice?a. to proceed to a formal hearing
b. to negotiate a settlement
c. to demonstrate compliance
d. all of the above - ANS ✔ - all of the above
When a complaint is received, the Board will acknowledge the complaint within _______ days. - ANS ✔
- 15 days
Can unlicensed contractors impose a lien? - ANS ✔ - no
Which of the following do NOT require licensing? a. an owner for their own use
b. work totaling $600 or less (including materials and labor)
c. rental property owner
d. all of the above - ANS ✔ - all of the above
A salesperson must report a change of address within _____ days. - ANS ✔ - 30
A Residential Builders License allows you to practice all ____ trades. - ANS ✔ - 14
, A salesperson's employer is responsible for returning the wall license within ______ days of
termination of the salesperson. - ANS ✔ - 5
The total licensing fee for the first 3 year licensing period is $ ________ . - ANS ✔ - $195
Can a salesperson work under more than one contractor at a time? - ANS ✔ - no
If you already hold a license as a builder, do you need to qualify as a salesperson as well? - ANS ✔ -
no
A salesperson's license is not tied to, or dependent upon the status of their employer. - ANS ✔ - false
The Construction Lien Recovery Fund was abolished in August of _____ . - ANS ✔ - 2010
The best way for a subcontractor to secure payment for services is to submit the required paperwork
to the right people at the right time. - ANS ✔ - true
A homeowner may file a/an _______ to stop a lien from attaching to the property. - ANS ✔ - affidavit
A ____________ waiver of lien confirms that all monies have been paid and received. - ANS ✔ - Full
unconditional
A ________ is used to verify that a possible claimant will not be able to bring action once he/she is paid.
- ANS ✔ - Conditional
The more specific the provisions in a contract, the more easily conflicts can be resolved. - ANS ✔ -
true
Contracts for the sale of good are not valid unless they have 4 required elements: offer and
acceptance, consideration, competent parties and _________________________. - ANS ✔ - Legal purpose
Questions & Answers Latest
The Board consists of ____ licensed contractors and _____ members of the general public. - ANS ✔ - 6
and 3
A Salesperson may only be licensed to _____ builder or M&A contractor. - ANS ✔ - 1
The residential builder or M&A contractor salesperson is also allowed to practice real estate sales
under the same license. - ANS ✔ - False
When referring to the Department, Department stands for ______________. - ANS ✔ - Department of
Licensing and Regulatory Affairs
Board of Residential Builders and M & A Contractors is comprised of ______ members in total. - ANS ✔
-9
A _________ is a person who engages in the purchase, substantial rehabilitation or improvement, and
resale of a residential structure, engaging in that activity more than twice in one calendar year. - ANS
✔ - residential builder
A person who lets their license expire for more than _____ days, must reapply and pay additional fees.
- ANS ✔ - 60
If your license has been expired for more than ________, you must re-qualify by passing the test again.
- ANS ✔ - 3 years
The __________ investigates complaints filed against licensees, as well as qualifying new applicants. -
ANS ✔ - director of the board
Persons on active duty are exempt from renewal and continuing education requirements until _______
after release from duty. - ANS ✔ - 90
,If a candidate fails to show up for the exam, the exam fee is forfeited. - ANS ✔ - true
The ____________ is the person against whom a complaint has been filed. - ANS ✔ - respondent
Which of the following are considered violations? a. false advertising
b. deceit in practicing
c. gross negligence
d. all of the above - ANS ✔ - all of the above
Unlicensed builders who engage in contracts are committing a ____________ punishable by both fines
and/or jail time. - ANS ✔ - misdemeanor
After an investigation, a respondent has what choice?a. to proceed to a formal hearing
b. to negotiate a settlement
c. to demonstrate compliance
d. all of the above - ANS ✔ - all of the above
When a complaint is received, the Board will acknowledge the complaint within _______ days. - ANS ✔
- 15 days
Can unlicensed contractors impose a lien? - ANS ✔ - no
Which of the following do NOT require licensing? a. an owner for their own use
b. work totaling $600 or less (including materials and labor)
c. rental property owner
d. all of the above - ANS ✔ - all of the above
A salesperson must report a change of address within _____ days. - ANS ✔ - 30
A Residential Builders License allows you to practice all ____ trades. - ANS ✔ - 14
, A salesperson's employer is responsible for returning the wall license within ______ days of
termination of the salesperson. - ANS ✔ - 5
The total licensing fee for the first 3 year licensing period is $ ________ . - ANS ✔ - $195
Can a salesperson work under more than one contractor at a time? - ANS ✔ - no
If you already hold a license as a builder, do you need to qualify as a salesperson as well? - ANS ✔ -
no
A salesperson's license is not tied to, or dependent upon the status of their employer. - ANS ✔ - false
The Construction Lien Recovery Fund was abolished in August of _____ . - ANS ✔ - 2010
The best way for a subcontractor to secure payment for services is to submit the required paperwork
to the right people at the right time. - ANS ✔ - true
A homeowner may file a/an _______ to stop a lien from attaching to the property. - ANS ✔ - affidavit
A ____________ waiver of lien confirms that all monies have been paid and received. - ANS ✔ - Full
unconditional
A ________ is used to verify that a possible claimant will not be able to bring action once he/she is paid.
- ANS ✔ - Conditional
The more specific the provisions in a contract, the more easily conflicts can be resolved. - ANS ✔ -
true
Contracts for the sale of good are not valid unless they have 4 required elements: offer and
acceptance, consideration, competent parties and _________________________. - ANS ✔ - Legal purpose
