Mhic final exam - Study guides, Class notes & Summaries

MHIC FINAL EXAM WITH QUESTIONS AND VERIFIED ANSWERS...

Of the following who is required to be licensed by the Maryland Home Improvement Commission? A. A vendor providing home improvement supplies and performing their installation. B. An architect providing designs to a home improvement contracting business. C. The accountant of a home improvement contracting business. D. A successful telephone solicitor for a home improvement contracting business. Points 1 / 1 A. A vendor providing home improvement supplies and performing their installa...

FINAL EXAM OF MHIC WITH ALL QUESTIONS AND ANSWERS...

NASCLA MHIC EXAM FINAL Questions & Answers(A+GRADED 100%VERIFIED)

MHIC Study Guide Final Exam 2024 A contractor must pay ________ to the gauaranty fund? - CORRECT ANSWER-10% Unlicensed contractor homeowner receives how much for work - CORRECT ANSWERNothing because unlicensed Filing a complaint is a way to receive compensation for a homeowner - CORRECT ANSWER-False Gauaranty fund exceeds 100,000 commission will do what - CORRECT ANSWER-Pro rate the claims so claimant receives the same amount Renew for sales person - CORRECT ANSWER-$100 Contractor has...

MHIC EXAM COMPLETE FINAL STUDY GUIDE 2024 How many licenses are there? - CORRECT ANSWER-2 Contractor and Sub-Contractor Who can request a Mechanics Lien? - CORRECT ANSWER-Contractor or SubContractor How many days do you have to issue a Mechanics Lien - CORRECT ANSWER-180 Days How many days do you have to issue a notice of a Mechanics Lien? - CORRECT ANSWER-120 days What is the % of value must the property have before you are eligible to issue a ML? - CORRECT ANSWER-15% How many day...

MHIC EXAM COMPLETE FINAL STUDY GUIDE 2024 How many licenses are there? - CORRECT ANSWER-2 Contractor and Sub-Contractor Who can request a Mechanics Lien? - CORRECT ANSWER-Contractor or SubContractor How many days do you have to issue a Mechanics Lien - CORRECT ANSWER-180 Days How many days do you have to issue a notice of a Mechanics Lien? - CORRECT ANSWER-120 days What is the % of value must the property have before you are eligible to issue a ML? - CORRECT ANSWER-15% How many day...

MHIC Study Guide Final Exam 2024 A contractor must pay ________ to the gauaranty fund? - CORRECT ANSWER-10% Unlicensed contractor homeowner receives how much for work - CORRECT ANSWERNothing because unlicensed Filing a complaint is a way to receive compensation for a homeowner - CORRECT ANSWER-False Gauaranty fund exceeds 100,000 commission will do what - CORRECT ANSWER-Pro rate the claims so claimant receives the same amount Renew for sales person - CORRECT ANSWER-$100 Contractor has...