Download Maryland Home Improvement Commission (MHIC) Contractor Study Guide: Questions and Answers and more Exams Construction in PDF only on Docsity! MHIC NASCLA Contractors Study Guide questions with correct answers How long does a claimant have to bring a claim against the guaranty fund? - ANSWER -3 years from discovery of the loss or damage How many days does a contractor have to respond in writing to the copy of claim that was sent by the commission? - ANSWER -10 days If within ________ after the commission gives notice , a contractor on whose amount a claim was paid does not reimburse the fund in full, the commission may sue the contractor for reimbursement. - ANSWER -60 days In addtion to full reimbursement of the fund, a contractor is responsible to pay at least _________interest on the amount to reimburse. - ANSWER -10 % The state can record a lien against any real property owners by the contractor for a debt owed to the fund - ANSWER -True If the commission pays a claim from the fund base on the actions or omissions of a contractor, the commission may suspend the contractors license until full reimbursement of the fund plus at least 10%interest - ANSWER -True A home improvement contract in compliance with the home improvement laws would include all of the following except - ANSWER -Names and license numbers of subcontractors A salesperson may not represent 2 contractors at the same time for the same project. - ANSWER -True Can a sales person legally accept money for themselves from the customer - ANSWER -No It is against the law for building and permits departments to issue a permit to contractor without the contractors license number. - ANSWER -True If a contractor fails to correct violation of the building code within reasonable time period, the county or municipality inspecting the project shall notify the commission - ANSWER -True What is the maximum fine for contracting without a license-second offense - ANSWER -$5,000 and/or 2 years in jail or both Contractor, jack smith, is not getting along with hector jones , his customer. If he decides not to complete the contract, has jack broken any laws? - ANSWER -Yes Can a contractor decide to use material other than specified in the contract documents without getting permission from the owner? - ANSWER -No Contractors may not : - ANSWER -Lie on their license application Make false promises Misrepresent their service or product Contractor, jack brown, makes a deal with customer, ameal cougar , to provide an estimate of $40,000 on project where the actual cost are $30,000,allowing ameal to pocket $10,000 after securing a mortgage at $40,000 and paying off jack this is : - ANSWER -Fraud An illegal act A misdemeanor All of the about If a contractor sells personstoos selling or working with the contractor for any reason, the contractor has a responsibility to the state to inform the commission? - ANSWER -True All advertising has to provide the identifier "Maryland home improvement commission license no___________"or "MHIC - ANSWER -True
