MARYLAND HOME IMPROVEMENT PSI EXAM STUDY GUIDE QUESTIONS AND ANSWERS 100% CORRECT!

, MARYLAND HOME IMPROVEMENT PSI EXAM
STUDY GUIDE QUESTIONS AND ANSWERS
100% CORRECT!
A Home Improvement Contractor is a person who offers to

1. perform repairs for a homeowner
2. construct a new home for a homeowner
3. sell supplies or equipment to a "do-it-yourself" homeowner
4. alter plumbing lines to accommodate new appliances - ANSWER 1. perform repairs
for a homeowner

What is the MAXIMUM deposit permitted for a project with a total contract price of
$1,500?

1. $150
2. $500
3. $750
4. $1,500 - ANSWER 2. $500

What is the MAXIMUM amount that a home improvement contractor may pay to a
homeowner for referring a client to the contractor?

1. $100
2. $1,000
3. 10% of the contract amount
4. The contractor is NOT permitted to compensate the homeowner for referrals -
ANSWER 4. The contractor is NOT permitted to compensate the homeowner for
referrals

All of the following are exempt from licensing under the Home Improvement Law
EXCEPT:

1. licensed architect
2. fence contractor
3. salesperson for a licensed plumbing contractor
4. Licensed security systems technician - ANSWER 2. fence contractor