Test Exam for MHIC 2024 Updated & Tested Questions and Answers

Test Exam for MHIC 2024 Updated & Tested Questions and Answers What parties must sign a Home Improvement contract? - CORRECT ANSWERHomeowner and Contractor How many members are in the Commission? - CORRECT ANSWER-9 Where is the office of the Commission located? - CORRECT ANSWER-Baltimore City Who is responsible for the operations of the Commission? - CORRECT ANSWERExecutive Director What is the best method to give an estimate? - CORRECT ANSWER-The Quantity take off method How many Commission members MUST be present at a hearing? - CORRECT ANSWER-3 how many inches must the MHIC license # on vehicle advertising be? - CORRECT ANSWER-minimum 3 inches What is the maximum fine for contracting without a license - first offense? - CORRECT ANSWER-$1k, 6 months of jail or both If the commission pays a claim from the guarantee fund base on the actions or omissions of a contractor, the commission can...? - CORRECT ANSWER-suspend license Who is considered a Salesperson - CORRECT ANSWER-The person who carries out a sale Does a subcontractor require a license? - CORRECT ANSWER-No, a subtractor is not required a license How many Contractors can a Salesperson represent or work for? - CORRECT ANSWER-No more than 2 contractors at the same time for the same project OSHA 301 form must remain on file at workplace for at least? - CORRECT ANSWER-5 years How many employees minimum must a contractor have to be required to purchase Workers Compensation Insurance? - CORRECT ANSWER-1 employee What must the Sales Person include very close to the signing line in a contract? - CORRECT ANSWER-notice of cancellation Who is responsible of notifying employees about dangerous materials on a worksite? - CORRECT ANSWER-the contractor On any advertising what must always be included? - CORRECT ANSWER-MHIC #____________ For a sale to be considered door-to-door where can a contract NOT be signed? - CORRECT 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 - CORRECT ANSWER-1/3, so $3,000 How much money can a contractor accept before a contract is signed? - CORRECT ANSWER-$0 When a License is denied for the first time, after how long can you apply again? - CORRECT ANSWER-after 6 months How much time does a contractor have to revoke a complaint against the commission? - CORRECT ANSWER-10 days What is the cost of license renewal? - CORRECT ANSWER-$370 What is the cost of re-activating an inactive license? - CORRECT ANSWER-$112.50 What is the fee that must be payed to inactivate a license? - CORRECT ANSWER-$50 What is the fee that must be payed to reactivate the license, once inactive? - CORRECT ANSWER-$50 What amount must the guarantee fund remain at? - CORRECT ANSWER-$250,000 If the fund goes below $250,000, a fee of how much will be assessed to each contractor? - CORRECT ANSWER-a fee of $50