NYC Home Improvement Contractor Exam Study
Guide Questions and Answers |Fall 2026/2027 Update | 100%
Correct Latest (Graded A+)
Question 1
What dates should be on the H.I. contract?
Correct Answer
the contract date, approximate date when work will begin and date to be substantially completed.
Question 2
Can a H.I. Contractor arrange a home loan or a home improvement loan for a consumer?
Correct Answer
No, nor can they act as an agent for, advertise, or promote loans.
Question 3
Who is a "salesperson"?
Correct Answer
Someone who negotiates a H.I. contract with a consumer or tenant, or solicits a home improvement contract from an
owner or tenant.
Page 1 of 15
, Question 4
Do plumbers and electricians who do not perform work outside their trade need a H.I. license?
Correct Answer
No, they have their own trade licenses.
Question 5
How many years must a H.I. Contractor maintain copies of contracts, books of account, and other records reflecting all
transactions related to the home improvement business?
Correct Answer
Six (6) years or the length of time of any contractual guarantee, whichever is longer.
Question 6
What must a H.I. contract detail?
Correct Answer
All labor, services, and materials to be furnished and performed.
Question 7
What 3 notices must the H.I include?
Correct Answer
If the owner does not pay the contractor they may have a claim against the owner, that the contractor is legally required
to deposit all payments received prior to completion or the contractor must post a bond or contract of indemnity, and
the cancellation notice wording.
Page 2 of 15
Guide Questions and Answers |Fall 2026/2027 Update | 100%
Correct Latest (Graded A+)
Question 1
What dates should be on the H.I. contract?
Correct Answer
the contract date, approximate date when work will begin and date to be substantially completed.
Question 2
Can a H.I. Contractor arrange a home loan or a home improvement loan for a consumer?
Correct Answer
No, nor can they act as an agent for, advertise, or promote loans.
Question 3
Who is a "salesperson"?
Correct Answer
Someone who negotiates a H.I. contract with a consumer or tenant, or solicits a home improvement contract from an
owner or tenant.
Page 1 of 15
, Question 4
Do plumbers and electricians who do not perform work outside their trade need a H.I. license?
Correct Answer
No, they have their own trade licenses.
Question 5
How many years must a H.I. Contractor maintain copies of contracts, books of account, and other records reflecting all
transactions related to the home improvement business?
Correct Answer
Six (6) years or the length of time of any contractual guarantee, whichever is longer.
Question 6
What must a H.I. contract detail?
Correct Answer
All labor, services, and materials to be furnished and performed.
Question 7
What 3 notices must the H.I include?
Correct Answer
If the owner does not pay the contractor they may have a claim against the owner, that the contractor is legally required
to deposit all payments received prior to completion or the contractor must post a bond or contract of indemnity, and
the cancellation notice wording.
Page 2 of 15
