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MHIC (Maryland Home Improvement Commission)
2026/2027Newest Exam With complete Questions And
100% Correct Detailed Answers||Brand new!!
How much time does a contractor have to revoke a
complaint against the commission? - ANSWER-10 days
For a sale to be considered door-to-door where can a
contract NOT be signed? - ANSWER-the office of the
contractor
How much of the total cost of a job be received once the
contract has been signed? ex: $9,000 - ANSWER-1/3, so
$3,000
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How much money can a contractor accept before a
contract is signed? - ANSWER-$0
When a License is denied for the first time, after how long
can you apply again? - ANSWER-6 months
What is the cost of license renewal? - ANSWER-$370
What is the fee that must be payed to inactivate a license?
- ANSWER-$50
What amount must the guarantee fund remain at? -
ANSWER-$250,000
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If the fund goes below $250,000, a fee of how much will
be assessed to each contractor? - ANSWER-a fee of $50,
and can only be requested 3x a year
What is the maximum amount of money the fund can
represent for each "reacquisition"? - ANSWER-$100,000
How much is the amount that the commission may award
for one claimant for acts or omissions of one contractor? -
ANSWER-$20,000
What can the commission do to get back funds lended if
not payed back after a year? - ANSWER-take taxes
MHIC (Maryland Home Improvement Commission)
2026/2027Newest Exam With complete Questions And
100% Correct Detailed Answers||Brand new!!
How much time does a contractor have to revoke a
complaint against the commission? - ANSWER-10 days
For a sale to be considered door-to-door where can a
contract NOT be signed? - ANSWER-the office of the
contractor
How much of the total cost of a job be received once the
contract has been signed? ex: $9,000 - ANSWER-1/3, so
$3,000
,2|Page
How much money can a contractor accept before a
contract is signed? - ANSWER-$0
When a License is denied for the first time, after how long
can you apply again? - ANSWER-6 months
What is the cost of license renewal? - ANSWER-$370
What is the fee that must be payed to inactivate a license?
- ANSWER-$50
What amount must the guarantee fund remain at? -
ANSWER-$250,000
, 3|Page
If the fund goes below $250,000, a fee of how much will
be assessed to each contractor? - ANSWER-a fee of $50,
and can only be requested 3x a year
What is the maximum amount of money the fund can
represent for each "reacquisition"? - ANSWER-$100,000
How much is the amount that the commission may award
for one claimant for acts or omissions of one contractor? -
ANSWER-$20,000
What can the commission do to get back funds lended if
not payed back after a year? - ANSWER-take taxes
