MHIC Exam 2023/2024 Questions and Answers, Exams of Law

Download MHIC Exam 2023/2024 Questions and Answers and more Exams Law in PDF only on Docsity! MHIC EXAM 2023/2024 QUESTIONS AND ANSWERS How many licenses are there? 2 Contractor and Sub-Contractor Who can request a Mechanics Lien? Contractor or Sub-Contractor How many days do you have to issue a Mechanics Lien 180 Days How many days do you have to issue a notice of a Mechanics Lien? 120 days What is the % of value must the property have before you are eligible to issue a ML? 15% How many days must you keep records if someone is affected by led or mold? 3 years How long do you have to notified OSHA if there is death on work site? 8 hours How many long do you have to get your license? 2 years How many years do you have before renewing your license? 2 years How many people on the commission? 9 What is the commission made up of? 4 Tradesman, 1 Banker, 4 Consumers (min 3 Home improvement) 1-15 Who appoints the commission? The Governor What title is the Door to Door Act? Title 14 What title is the General regulations ( 1-46) Title 9 Where do you find out who governs the regulations? Title 9 (1-46) What title is the Home Improve Law? Title 8 Who enforces title 8? The commission Who enforces the Door to Door Act? (Title 14) Attorney General How many people can the sales person work for? 2 Contractors What is the max amount does the Guaranty Fund pay? (Aggregate) 100k What is the max amount does the Guaranty Fund pay per contract incident? (single) 20k How many business days can a customer cancel contract? 5 days under 65, 65 older 7 days What is the max of money you can collect as a deposit? 1/3 When can you collect your deposit? Contract Signing day What the required sections of the contract? 1-8 Does a sales person's license have to be on the contract? Yes