Michigan Construction Licensing and Regulations, Exams of Building and Prefabrication

Download Michigan Construction Licensing and Regulations and more Exams Building and Prefabrication in PDF only on Docsity!

Michigan Builders

Business/Law/Accounting Questions

and Answers 100% Accurate

Verification Form I-9 must be completed by applicants providing proof of identity and employment eligibility within ______ of employment. - ANSWER-3 days What type of business is the easiest to establish and allows the owner to determine how profits are used although they are personally liable for all debt and assets? - ANSWER- Sole Proprietorship A ______is a joint co-owner partnership established to specifically increase bonding and bidding capacities and profits. - ANSWER-General Proprietorship Provisions of the Americans with Disabilities (ADA) Law apply to employers having _____ employees. - ANSWER-15 or more What Federal Act requires those working on federal and federally funded construction projects to be paid a minimum prevailing wage for their trade? - ANSWER-Davis Bacon Which of the following are fringe benefits that supplement an employee's hourly wage? - ANSWER-Paid vacation, sick leave, 401k plan company vehicle To avoid being held liable, the contractor must file a _______ once the lien payment is received. - ANSWER-Lien release What is the Michigan Act 230? - ANSWER-It creates the Commission and regulates code and inspections in the State. What unit is issued a Certificate of Acceptability and will not be inspected at the site? - ANSWER-Manufactured home What is the purpose of the subcontractor completing a Sworn Statement? - ANSWER- To get paid by the contractor What is the purpose of a Partial Unconditional Waiver? - ANSWER-To prove that partial payment to subs or suppliers has been received. The subcontractor has ______ to file a lien against the property for non-payment from the contractor. - ANSWER-90 days

What is the penalty to contractors or subcontractors for intentionally trying to defraud employees or a customer? - ANSWER-A fine of no more than $5,000 and/or 3 yrs in prison In accordance with the Michigan Construction Lien Act, the homeowner has _____ to provide signed copies of the Commencement Agreement to the all parties that request it. - ANSWER-10 days The contractor provides a blank Notice of Furnishing to whomever requests the Commencement Agreement. It must be completed and returned to the contractor every ________. - ANSWER-20 days if they are a supplier; 30 days if they are a laborer If a builder is required to be licensed, the penalty for working without a license ____. - ANSWER-is a fine no less that $5,000 or greater than $25, Upon final order of license suspension or revocation, the licensee has _____ in which to surrender their license to the Department. - ANSWER-10 days Failing to renew one's license before the deadline will result in a _____. - ANSWER-$ late fee How long does the homeowner/business have to file a complaint after the project is completed? - ANSWER-18 months What aids and protects the contractor from accusations of project abandonment without a good legal excuse? - ANSWER-The arbitration clause To avoid being fined, the contractor must notify the Department within _____ of relocating their business or changing the business' name. - ANSWER-10 days Definitively, a _______ is a person that constructs, replaces, improves, or demolishes residential or commercial structures for a fixed or lump sum price or fee. - ANSWER- Licensed Residential Builder When can a subcontractor work without being licensed? - ANSWER-When they are working under a licensed contractor that is not a mechanical contractor An owner/landlord is not permitted to do their own building alterations _______. - ANSWER-When the repairs are structural in nature A complaint is _______ when it cannot be resolved at the informal investigative hearing.

• ANSWER-referred to the Administrative Law Hearing Examiner What body assesses the penalty and issues the "Final Order" to settle the complaint? - ANSWER-The Board

How long does the Respondent have to appeal the "Final Order" decision? - ANSWER- 30 days Who appoints the Director of the Department? - ANSWER-The Governor with consent of the Senate How long does the Board serve? - ANSWER-4 yrs A Builder's incompetence refers to _________. - ANSWER-failure to conform to minimum accepted professional standards What required bond is a percentage of the project cost put up by the builder to ensure the homeowner or business the project will eventually be completed? - ANSWER- Performance Bond What is the biggest environmental/human concern created during masonry construction? - ANSWER-Silicon dust What is the layer of flashing installed over base flashing called? - ANSWER-Counter Flashing Who pays for planned or unforeseen changes made to the contract scope of work? - ANSWER-Whomever is specified in the contract How much retainage may be held? - ANSWER-Whatever is specified in the contract What determines your working capital? - ANSWER-Assets - Liabilities How long does the contractor have to complete both sections of the licensing exam? - ANSWER-1 year from stamped date on license application Why is it unwise to do business as a sole proprietorship? - ANSWER-The risk of losing all personal assets if the project goes wrong Two contractors that combine their commercial resources form a ______. - ANSWER- joint venture Who regulates the building profession, including the work and licensing? - ANSWER- The Department of Licensing and Regulatory Affairs Why is a builder's license required to perform residential work and not for commercial building? - ANSWER-There is more fraud in residential building What does a builder's license qualify the licensed builder to do? - ANSWER-Build all of the home except for mechanical features

Which type of bond guarantees the contractor will perform the scope of work quoted if they win the bid? - ANSWER-Bid Bond Which type of bid bond requires the contractor to lose the entire bond to the owner if the contractor backs out? - ANSWER-Liquidated Damages Which type of bid bond requires the contractor to pay the difference in cost to the next lowest bid if the contractor backs out? - ANSWER-Difference in Price Which type of bond protects the owner from property liens because the general contractor pays the subcontractors and suppliers? - ANSWER-Payment Bond How many times a year must the board members meet? - ANSWER-At least 2 How many board members are there? - ANSWER- What kind of members does the board consist of? - ANSWER-4 licensed builders, 2 licensed maintenance and alteration contractors, 1 registered inspector, 2 general public How long is each license cycle? - ANSWER-3 yrs How much time does the department have to accept receipt of complaint to complainant? - ANSWER-15 days How much time is allotted to respond to a formal complaint? - ANSWER-15 days How much time does the board have to determine penalties after an administrative hearing? - ANSWER-60 days How much time does a person have to request a limitation be removed after such notice? - ANSWER-30 days How much time does a licensed person have to submit financial records after the board requests them? - ANSWER-30 days How much time does a licensee have to notify the department of a change in name or address of the person? - ANSWER-30 days How much time is allotted to a licensee notifying them of an investigative conference? - ANSWER-10 days How much time is allotted to a residential builder to return sales person's license and for sales person to return I.D. card by certified mail? - ANSWER-5 days

How much time does a licensee have to repay the construction lien fund in order to avoid suspension of license? - ANSWER-90 days Who issues subpoenas? - ANSWER-Circuit court What are the board's duties? - ANSWER-Interpretation of licensure and aid in an investigation What does the board promulgate? - ANSWER-rules Who develops the licensing exam? - ANSWER-The board How long does a person have to renew their license after it expires without having to retake the exam? - ANSWER-60 days Within how long does a person have to apply for licensing after their license has expired without having to take the exam again? - ANSWER-3 yrs Which type of document is used for Fast Track projects? - ANSWER-Letter of Intent Which type of document is predominately used in residential construction that provides a total amount for stated work? - ANSWER-Lump Sum Contract Which type of document relates to a specific job and includes a breakdown of each unit? - ANSWER-Unit Price Contract Which type of document is used in Construction Management? - ANSWER-Cost plus fee contract Which type of document is used when the scope of work is poorly defined? - ANSWER- Cost plus percentage of cost contract (Time and Materials) What does ADA stand for? - ANSWER-Americans with Disabilities Act What are the three main points of Act 227: Home Solicitation Sales Act? - ANSWER-No ID blockers, no false statements, cancellation period of 3 business days Which type of business ownership is easy to establish but the owner is liable for all debts? - ANSWER-Sole Proprietorship In which type of business ownership do two or more parties merge assets, credit, equipment, and talent but both partners are liable for business debts of the other? - ANSWER-General Proprietorship

Which type of business ownership allows and individual to invest in a general partnership but have no input to how the partnership is operated? - ANSWER-Limited Partnership Which type of business ownership is a business type where-by one or more individuals unite to form one entity? - ANSWER-Corporation Which type of business ownership has the benefits of being taxed as a partnership and meets IRS requirements? - ANSWER-S-Corporation Which type of business ownership has less legal requirements and more tax and economic benefits? - ANSWER-Limited Liability Company (LLC) Which dates should you avoid guaranteeing? - ANSWER-Completion date Which form is required to be completed within the first 3 days of employment? - ANSWER-I- What is the minimum wage? - ANSWER-$8.50/hr What is minimum training wage? - ANSWER-$4.25/hr How long is the training minimum wage valid for? - ANSWER-90 days Which Act prohibits an employer from discriminating against an individual compensation or other conditions because of religion, race, color, etc..? - ANSWER-Elliot-Larsen Civil Rights Act 453 What kind of contract is based on estimated costs plus percentages for overhead, time, and materials? - ANSWER-Cost plus fee What instrument helps ensure the punch list and project are satisfactorily completed? - ANSWER-Retainage When is final payment due? - ANSWER-Upon final inspection Which Law prohibits discrimination based on race, color, religion, sex, etc.? - ANSWER- Federal Civil Rights Act 1964 Which law expanded the coverage of the Civil Rights Act to include affirmative action and court ordered restraining orders? - ANSWER-Equal Employment Opportunity Act 1972 Which law allows employees unpaid leave for certain reasons? - ANSWER-The Family Medical Leave Act

How many employees does an employers have to have in order for the Family Medical Leave Act to pertain to them? - ANSWER- Which law provides a schedule for payment of wages and fringe benefits to employees?

• ANSWER-Michigan Act 390 of 1978 Which act provides Federal Civil Rights protection to individuals with disabilities? - ANSWER-Americans with Disabilities Act (ADA) Who enforces the ADA requirements? - ANSWER-U.S. Department of Justice What does BFD stand for? - ANSWER-Barrier Free Design What level of government enforces the BFD requirements? - ANSWER-Local and State Which type of document must be in writing and signed to indicate a sale between all parties involved for sale of goods $1,000 or greater? - ANSWER-Uniform Commercial Contract Who's contract do subcontractors use? - ANSWER-General contractor's What are changes that are up for bid? - ANSWER-Addendums What are addendums that have been bid and contracted for? - ANSWER-Change orders What does AIA stand for? - ANSWER-American Institute of Architects What constitutes as lead free? - ANSWER-<=0.2% What is the maximum riser height? - ANSWER-8 1/4" What is the minimum tread depth? - ANSWER-9" What is the maximum stair nosing depth? - ANSWER-1" Within what time must a foreclosure proceeding take place? - ANSWER-1 yr Which type of document indicates full payment received and there is no claim of lien? - ANSWER-Full unconditional waiver Which type of document indicates that as soon as full payment or some condition is met, there will be no claim of lien? - ANSWER-Full conditional waiver Which type of document indicates a receipt for partial payment of a stated contract in which the work is on-going? - ANSWER-Partial unconditional waiver

Which type of document provides a list of individuals who have provided labor and/or materials to a project who are owed money? - ANSWER-Sworn Statement Which type of document helps to establish lien rights? - ANSWER-Proof of Service of Notice of Furnishing Which type of document provides proof that a laborer/supplier has provided labor or materials to a project? - ANSWER-Notice of Furnishing What kind of property can a lien be placed on? - ANSWER-Residential and Commercial Who provides buidlers' risk insurance? - ANSWER-The Homeowner A _____ is the best modern-day log or record of what happens on the jobsite. - ANSWER-photo Who is generally responsible for temporary power? - ANSWER-The homeowner Which type of insurance protects the construction project and materials from external forces? - ANSWER-All risk builder's insurance What protects the contractor's office and related equipment? - ANSWER-Contractor's property insurance What protects the contractor in reference to risks related to non-employee injuries or damages caused by the contractor's or someone else's property? - ANSWER-Liability Insurance What protects the employing contractor from additional financial damages from a lawsuit by an employee claiming work related injury/illness/fatality? - ANSWER- Worker's compensation insurance What provides added risk protection to an employer who has an employee injured/killed in a related construction accident? - ANSWER-Employer's liability insurance What assures a purchaser that the tile to the property is vested in that purchaser? - ANSWER-Title Insurance How long does it take for driveway concrete to reach 75% of its strength? - ANSWER- 28 days What is the most important element of the contractor's relationship with the owner? - ANSWER-The contract What must be included in every contract? - ANSWER-payments, termination, changes

What does ADR stand for? - ANSWER-Alternative Dispute Resolution What are three methods to resolve ADR? - ANSWER-Mediation, arbitration, facilitation What are the three types of warranties? - ANSWER-General, equipment, non- obligations What type of warranty covers defects related to installation or materials within the first year after occupancy/ completion? - ANSWER-General Which type of warranty covers fixtures and equipment installed by the contractor? - ANSWER-Equipment Which type of warranty is the contractor not responsible for with respect to a construction defect due to an architect's or engineer's design? - ANSWER-Non- Obligations What payments are made to the contractor during the course of the construction project? - ANSWER-Progress payments What does PEL stand for? - ANSWER-permissible exposure limit What is the PEL? - ANSWER-50ug/m^3/8hr How long does lead stay in the bloodstream? - ANSWER-30 days How long does lead stay in soft organs? - ANSWER-6-8 months How long does lead stay in bones and teeth? - ANSWER-30 yrs How can you control lead based paint? - ANSWER-Enclosure and encapsulation What does RRP stand for? - ANSWER-Renovation, repair, and painting You do not have to be a certified renovator to do what if a house has lead based paint?

• ANSWER-Demolish a structure The subcontractor is responsible for _____ if they delay the work. - ANSWER- Liquidated damages Dispute resolution may be handled through ______. - ANSWER-mediation, arbitration, facilitation Contract _____ is a costly dispute resolution method facilitated by a neutral 3rd party. It is binding with no appeal process - ANSWER-Arbitration

Which part of the Occupational Code creates a board of licensed people and general public for every licensing group? - ANSWER-Act 299 What have you violated if you receive jail time? - ANSWER-Law What have you violated if you receive a fine? - ANSWER-Rule What is it called when a contractor continues to work without knowledge of hazardous material? - ANSWER-Negligence What is it called when a contractor continues to work with knowledge of hazardous material? - ANSWER-Gross negligence Who issues a Final Order? - ANSWER-The board What is the document sent by the board to settle a complaint? - ANSWER-Final Order A garage and pole barn are examples of what type of structure? - ANSWER-residential A homeowner does not have to pay a non-licensed contractor if the cost is over what dollar amount? - ANSWER- What is it called to be fair, honest, and open in the licensed area? - ANSWER-Good moral character What helps prevent lead dust from getting into the air during a maintenance or renovation project? - ANSWER-HEPA vacuum When was radon exposure discovered in dwellings? - ANSWER- The risk associated with living in a house with radon gas are equivalent to smoking how many packs of cigarettes a day? - ANSWER- What is a natural, colorless, odorless, radioactive gas that seeps out of soil? - ANSWER-radon What is the target level for indoor radon? - ANSWER-0.4PCI/L 4PCI/L of radon exposure is equivalent to how many cigarettes a day? - ANSWER- How long after lead exposure do you have to treat it before you become poisoned? - ANSWER-30 days To retard radon, code requires what to be put on the basement floor prior to pouring the concrete? - ANSWER-3 1/2" of gravel and visqueen

What does ACM stand for? - ANSWER-Asbestos Contaminated Material What percentage of asbestos needs to be in a material to make it ACM? - ANSWER-1% What does PACM stand for? - ANSWER-Presumed Asbestos Contaminated Material What is the 60"x60" impervious plastic bag enclosure that is required to work with ACM and PACM? - ANSWER-Glovebag Which act provides a system to provide an employee with wage replacement, medical benefits, rehab, and dependent benefits? - ANSWER-Worker's Disability Compensation Act 317 What are the two choices for compensation? - ANSWER-Self-Insured, approved provider Which form is used to report injuries? - ANSWER-form 100 What are the methods for accounting? - ANSWER-Cash basis, accrual basis Which accounting basis records revenues when they are earned and records expenses when incurred? - ANSWER-accrual Which accounting basis records revenues when they are received and expenses are recorded when paid? - ANSWER-cash What is it called when the amounts are owed to suppliers by the business? - ANSWER- Accounts payable What is the true ownership values? - ANSWER-equity What is it called when an amount is owed to the business by the customer for services?

• ANSWER-Accounts receivable What is the most liquid? - ANSWER-cash What are assets that can be turned into cash within 1 year? - ANSWER-current assets What are payments of debt within 1 year? - ANSWER-current liabilities What can be written off to a long term asset? - ANSWER-Depreciation What is the cost of doing business? - ANSWER-expenses What are long term assets (land/building/equipment)? - ANSWER-fixed assets

What are payments of debt that exceed 1 year? - ANSWER-long term liabilities What is the amount owed for land or building? - ANSWER-mortgage (note payable) What are assets - liabilities? - ANSWER-working capital What is the amount earned by the business during 1 year? - ANSWER-revenue How long should business records be kept? - ANSWER-7 yrs How long should personal records be kept? - ANSWER-3 yrs What are the two types of helmets? - ANSWER-Class A, Class B What type of helmet should a worker use for industrial head protection? - ANSWER- Class A What type of helmet should a worker use when exposed to at least 600 volts? - ANSWER-Class B What are the five fire classifications? - ANSWER-Class A, B, C, D, K What kind of fire is fueled by wood, cloth, paper, rubber, or plastics? - ANSWER-Class A Which kind of fire is fueled by liquids, gases, and greases? - ANSWER-Class B Which type of fire is fueled by live electrical equipment? - ANSWER-Class C Which type of fire is fueled by metals? - ANSWER-Class D Which type of fire is fueled by vegetable/animal oils/fats? - ANSWER-Class K What does PASS stand for? - ANSWER-Pin, Aim, Squeeze, Sweep A worker must have lost _____ of wages before they are eligible to receive wage loss benefits - ANSWER-1 wk What is the system that provides wage replacement and medical and rehabilitation benefits to employees injured on the job? - ANSWER-Workers' Compensation Employers must provide _____ workers' compensation material to all new employees. - ANSWER-Employees - Know Your Rights

Employers must provide worker's compensation when they have _____ employees. - ANSWER-3 or more By complying with the Workers' Compensation Act the employer ________. - ANSWER- reduces liability from related lawsuits What insurance policies must the subcontractor provide the prime contractor? - ANSWER-vehicle, liability insurance, workers compensation What is the most important asset of the company? - ANSWER-The owner It is necessary to ______ in order to develop a successful marketing plan. - ANSWER- determine strengths and weaknesses, identify target clients, alegate resources The best way to establish trust is to ______. - ANSWER-Ask for feedback from workers and customers What mortar type has the highest compression strength and is intended for below grade use. - ANSWER-M Place mortar when temperatures are between _____. - ANSWER-70-100F The maximum thickness of the mortar bed on the first course should be ______. - ANSWER-3/4" or less Who should you always have if you have a business? - ANSWER-Attorney, accountant When are 1099 forms due? - ANSWER-Jan 31 What are the two types of financial statements? - ANSWER-Calendar, fiscal Which basis reflects activity from January 1st to December 31st? - ANSWER-calendar Which basis reflects activity that does not follow the calendar? - ANSWER-fiscal What financial statement would seasonal workers use? - ANSWER-fiscal Which account provides for double entry book keeping? - ANSWER-T-accounts In double entry book keeping what is recorded on the left side of an account? - ANSWER-debit In double entry book keeping what is recorded on the right side of an account? - ANSWER-credit What is called when cash is received? - ANSWER-debit cash

What is it called when cash is paid out? - ANSWER-credit cash What are books of original entry? - ANSWER-journals How many journals are there? - ANSWER- What are the different types of journals? - ANSWER-Sales, purchase, cash receipt, cash disbursements, general journal Where would records of sales on credit be kept? - ANSWER-cash journal Where would records of purchases on credit be kept? - ANSWER-purchases journal Where would incoming cash business transactions be kept? - ANSWER-cash receipt journal Where would records of outgoing cash be kept? - ANSWER-cash disbursements journal Where would records of payroll be kept? - ANSWER-cash disbursements journal Where would records of cash sales be kept? - ANSWER-cash receipt journal Where would records of adjusting and closing entries be kept? - ANSWER-general journal Where would records depreciation, equipment loss/damage, or inventory of no value be kept? - ANSWER-general journal What are books of final entry? - ANSWER-Ledgers Where are all transactions from journals recorded? - ANSWER-in the ledgers What make up general ledgers? - ANSWER-T-accounts What must be balanced in order for the accounting equation to be in balance? - ANSWER-ledgers How many financial statements are there? - ANSWER- What are the financial statements? - ANSWER-income, owner's equity, balance, cash flow What shows net profit or loss? - ANSWER-income statement

What shows the capital paid in, draws, and investments? - ANSWER-statement of owner's equity What shows assets, liabilities, and equity? - ANSWER-balance sheet What shows where the cash went - for bank statements? - ANSWER-statement of cash flow What is a measure of liquidity to pay current bills? - ANSWER-Current ratio How do you calculate current ratio? - ANSWER-Current assets/current liabilities What is a good current ratio? - ANSWER-2: What indicates the ability to pay current debts? - ANSWER-quick asset ratio What is a good quick asset ratio? - ANSWER-1: What is usually used to determine a loan request? - ANSWER-quick asset ratio Quick asset ratios do not include ______. - ANSWER-inventory How do you calculate fixed assets-net worth ratio? - ANSWER-fixed assets/net worth How do you calculate net worth? - ANSWER-total assets-liabilities How do you calculate gross profit-sales ratio? - ANSWER-net sales/sales How do you calculate net sales? - ANSWER-sales-direct sales expenses What percentage of fixed assets-net worth ratio puts a company at risk for not having enough money for emergencies? - ANSWER-75% What tells a company they can reduce their sales price by 50% before incurring a loss?

• ANSWER-.5 gross profit-sales ratio How do you calculate gross margin ratio (profit margin)? - ANSWER-gross profit/net sales How do you calculate gross profit? - ANSWER-net sales-cost of goods sold What formula is used to calculate the true value of an investment after inflation? - ANSWER-true investment yield (real rate of return) How do you calculate true investment yield? - ANSWER-rate of return-inflation rate

What type of depreciation equally reduces the value the same amount every year? - ANSWER-Straight line What financial statement shows the company's profit or loss? - ANSWER-Income statement Both federal and state forms are filed ___. - ANSWER-quarterly What is a combination of the social security tax rate and medicare tax rate? - ANSWER- FICA What is the social security tax rate? - ANSWER-6.2% What is the medicare tax rate? - ANSWER-1. What form is used to indicate a payment made to a subcontractor (not employee) for the previous year? - ANSWER- A business must pay Michigan corporate income tax if their gross receipts amount to _______ or more. - ANSWER-350, The contractor must give the 1099 to the subcontractor no later than ______. - ANSWER-January 31st A home built before there is a buyer is called a ___. - ANSWER-spec home Specifications that denote how far the house can be built from property lines are called _____. - ANSWER-set backs A ______ is a uniform home plan that's accessible online for purchase, that shows the style, layout, and views. - ANSWER-stock plan The estimator should _______ in order to produce a more accurate cost estimation. - ANSWER-divide the area into simple sections The most common scale used for residential plan drawings is _____. - ANSWER- 1/4"=1' A gliding or glide-by window is another name for a _____. - ANSWER-Horizontal sliding window How many square feet are in an acre? - ANSWER-43, The ____ lists specifications and items to be installed on the project, such as electrical features, windows, and doors. - ANSWER-schedule

A _____ is based on how long an assembly wall can withstand a fire without burning through. - ANSWER-fire resistance rating A method of ________ allows the contractor or estimator to insert general placeholder amounts for materials (light fixtures, faucets, etc.), which reduces the amount of time spent putting together a bid. - ANSWER-allowances What are cost specific to a project? - ANSWER-direct costs What are overhead costs? - ANSWER-indirect cost What is used to make sure nothing is forgotten? - ANSWER-checklist The first load should include materials for completing the house up to the _______. - ANSWER-subfloor The course of events that need to happen in order to complete a task. - ANSWER- critical path What must happen before construction on a building? - ANSWER-survey What must happen after you survey a jobsite? - ANSWER-pull permits What might you do after you pull permits? - ANSWER-excavate When is finish flooring finished? - ANSWER-after painting A _____ helps ensure nothing is left out of the estimate. - ANSWER-checklist How long must foundation concrete sure before it can be backfilled? - ANSWER- days How long is a board member term? - ANSWER-4yrs How many board members serve at one time? - ANSWER- How many board members are licensed residential builders? - ANSWER- How many board members are licensed maintenance and alteration contractors? - ANSWER- How many board members are licensed inspectors? - ANSWER- How many board members represent the general public? - ANSWER-

The ____ appoints the director of the board with the consent of the ____. - ANSWER- Governor, senate The ____ promulgates rules for articles 1-6. - ANSWER-Department The ____ enforces the rules. - ANSWER-Board The ____ promulgates rules to set the minimum standards of acceptable practice. - ANSWER-Board The board meets at least ___ times a year. - ANSWER- How long do you have to renew your license without having to take the builders exam? - ANSWER-3yrs How long does the department have to acknowledge the receipt of complaint to complainant? - ANSWER-15 days How much time is allotted to respond to a formal complaint? - ANSWER-15 days How much time does the board have to determine penalties after an administrative hearing? - ANSWER-60 days How much time does a person have to request that a limitation be removed after they receive such notice? - ANSWER-30 days How long do you have to submit financial records to the board after notification? - ANSWER-30 days How long do you have to notify the department of a change in name/address? - ANSWER-30 days How much time is allotted to a licensed person notifying them of an investigative conference? - ANSWER-10 days How long do you have to return your sales persons license? - ANSWER-5 days How long does a salesperson have to return their ID? - ANSWER-5 days How much time is allotted to repay the construction lien fund in order to avoid a suspension of license? - ANSWER-90 days How long do you have to file a complaint after the job is completed? - ANSWER- months

How long do you have to notify the department of a change in control/direction of a business? - ANSWER-10 days Which act was revised to create a board for each licensing occupation? - ANSWER- Who can file a complaint? - ANSWER-Anyone Who conducts the investigation of a complaint? - ANSWER-Department Who issues subpoenas? - ANSWER-Circuit court