Michigan Residential Builder's Exam, Exams of Real Estate Management

Download Michigan Residential Builder's Exam and more Exams Real Estate Management in PDF only on Docsity! Michigan Residential Builder's Exam Law Scopecorrect answerRange of project Cornicecorrect answerMolding at the top of a building Soffitcorrect answerThe underside of a roof overhang Closed valleycorrect answerNo metal flashing, intersecting shingles Open valleycorrect answerA valley at which shingles or slates are not laid to the intersection, exposing a lining of sheet metal or roll roofing Ridge Boardcorrect answerA heavy horizontal board, set on edge at the apex of the roof, to which the rafters are attached Hip Roofcorrect answerA pitched roof with sloping sides and ends. Slopes on all four sides. Gable Roofcorrect answerA pitched roof with two sloped sides Shed Roofcorrect answerslopes to one side Piercorrect answerA vertical, freestanding support. Girderscorrect answerlarge beams that support a building Fireblockingcorrect answerUsed at every floor level, vertical intervals of ten feet in walls, at framing of the door, where stairs , meet tops and bottoms (OSB, plaster board and gypsum, etc.) Knee wallcorrect answerA short wall supporting rafters at some intermediate position along their length. Sheathingcorrect answerA covering placed over exterior studs that serves as a base below the exterior finish materials. Fasteningcorrect answerattaching or joining together, with nail, adhesive, etc Grade of wood needed for fireblockingcorrect answerAny grade Gypsum Boardcorrect answerAnother term for plaster board Gusset Platecorrect answera flat plate used for joining structural elements Balance Sheetcorrect answerShows activity on a specific date Income Statementcorrect answerShows activity over time Cash Flow Statementcorrect answerA financial statement that shows the flow of money in and out of the business. Working Capital Ratiocorrect answercurrent assets - current liabilities Gross Profit to Sales Ratiocorrect answerTotal sales-cost of goods sold /total sales Income taxcorrect answerTax taken solely from employee wages Joists under load-bearing walls should becorrect answerDoubled Spacing of anchor bolts in solid concrete foundation wallcorrect answer6' apart/12" from corner Footing heightcorrect answer12" below grade Insulation Flame Spreadcorrect answerDoes not exceed 25 STC Valuescorrect answerSound transmission through walls Blanket Insulationcorrect answerpre-cut insulation within a membrane Construction Lein Actcorrect answerProvides a means of redress if all debt on building or remodeling project are not paid by contractor or homeowner If the employer chooses to offer benefit plans they are governed bycorrect answerEmployee Retirement Income Security Act Riderscorrect answerAddition to property insurance Backerboardcorrect answerInstalled over plywood before laying ceramic tile Sash Brushcorrect answerGood for 'edging' and painting trim and moldings Temperature needed for outdoor oil-based paintcorrect answer40 degrees F Distance between nails in drywallcorrect answer12"-16" Porositycorrect answerPercentage of open spaces between grains in a rock. Affects mortar, not cement Anchor boltscorrect answerSupports beams, plates, and ledgers Minimum number of coats of plaster over exterior masonrycorrect answer2 coats Clearance of joist from back face of chimneycorrect answer4" Clearance of joists from side and face of chimneycorrect answer2" Minimum engagement of wall tie embedment in solid masonry unitcorrect answer1 1/2" Mortar joint thickness tolerance for bed jointcorrect answer1/8" Firebrick walls have refractory cement joints no more than how thick?correct answer1/4" Type M mortarcorrect answerHigh strength mortar recommended for use in reinforced masonry below grade or in contact with the earth, as foundation and retaining walls subject to high lateral or compressive loads; compressive strength is 2500 psi When applying mortarcorrect answerRemove excess mortar Type N mortarcorrect answerA medium strength mortar recommended for general use in exposed masonry above grade where high compressive and lateral strength are not required. Type S mortarcorrect answerA medium-high strength mortar recommended for use in masonry where bond and lateral strength are more important than compressive strength. Head jointcorrect answera vertical joint in masonry Employer Shared Responsibility Paymentcorrect answerBusiness that don't offer insurance are subject to it room finish schedulecorrect answerInformation provided on design drawings specifying types of finishes to be applied to floors, walls, and ceilings for each location Cutting Plane Linecorrect answerA line drawn on a view where a cut was made in order to define the location of the imaginary section plane. Architect signature required for buildings over _____ sq ftcorrect answer3500 Board Feet Formulacorrect answerLength(ft)Xwidth(inc)Xthickness(inc)X#ofpieces/12 Michigan Contractors Licenses renewed how?correct answerOnline Strip of underlayment for shingles overlap by how much?correct answer4" Max distance from gutter high point to downspoutcorrect answer25ft Metal gutters should slopecorrect answer1" in every 16' Pitch of roofscorrect answerRise to span federal unemployment taxcorrect answerA federal tax paid by employers to administer the unemployment program. Deposits of taxes withheld are deposited minimallycorrect answerMonthly basis Accrual Accountingcorrect answerrecording in each fiscal period applicable expenses, whether paid or not, and income earned, whether collected or not. Requires more record keeping Spacing of nails for ledger strip supporting rafterscorrect answerAt each rafter Best flashing behind brick?correct answerCopper Weepholescorrect answerProvide drainage for brick veneer Brick Veneercorrect answerA vertical facing of brick laid against and fastened to sheathing of a framed wall or tile wall construction. Section view in construction plan named withcorrect answerA Quantity Takeoffcorrect answerA procedure that involves surveying, measuring, and counting all materials indicated on a set of drawings. How long wood flooring acclimate?correct answer4/5 days Schedules (in terms of construction plans)correct answerInfo about locations, openings size, glazing, finish, trim, manufacturing, etc. volatile organic compoundscorrect answerContaminants found in traditional building material , absent from green building material Drawscorrect answerEach individual construction draw sets its own draw payments Failure to comply with audit results incorrect answerinvestigation of complaint To file a complaint as a customer you must send a copy tocorrect answerBuilding department and licensee Types of cornicescorrect answerOpen, boxed, closed If FUTA liability exceeds _____ FUTA taxes are deposited quarterlycorrect answer500 FUTAcorrect answerFederal Unemployment Tax Act Dead Roof Loadcorrect answerLoad that typically sits on roof Rim Joistcorrect answerThe outermost joist around the perimeter of the floor framing tail joistcorrect answerShort joists that run from an opening to a bearing. Building papercorrect answerA waterproofed paper used to prevent the passage of air and water into a structure. Bridgingcorrect answersupporting to relieve pressure CGL Policycorrect answerCommercial general liability Builder's Risk Insurancecorrect answerConstruction insurance that provides coverage specifically for a project that is under construction. Although this is normally considered to be fire insurance, other types of losses are also generally covered. (Construction insurance) Project Overheadcorrect answerOne of the *two primary types of overhead*; the money it takes to complete a particular job, including temporary offices, project telephones, sanitary facilities, trash removal, insurance, permits, and temporary utilities; does not include labor, materials, or equipment Notice of Furnishingcorrect answer30 days after wages were due, 20 days after furnishing first labor Plan viewcorrect answerHorizontal dimensions on a building plan Reconstructioncorrect answerWhen total area of existing building being altered is over Acclimation wood floorscorrect answer3 days-moisture content of room Administrative hearingcorrect answera hearing before an administrative agency regarding a dispute between an individual and the agency Groutcorrect answerFiller with high water content Common endorsement for CGL policycorrect answerinjury endorsement Two activities that must be scheduled when building homecorrect answerMaterials and activities BFDcorrect answerBarrier free design Dollar amount that requires written contractcorrect answer$25 How long does a builder have to report major changes to licensecorrect answer10 days Lead Freecorrect answerLess than .2% lead How long does contractor have to notify homeowner of lien?correct answer30 days The board made up of how many members?correct answer9 members At a hearing, a respondent can be represented bycorrect answerAn attorney act 299correct answerOccupational Code $10,000 fine Who appoints the board members?correct answerThe govenor Contractor with intent to defraud is punished bycorrect answer$100-$5000 and 6months-3 years in state prison Qualifying officer of corporationcorrect answerResponsible for full compliance of codes Notice of commencementcorrect answerFirst notice in reference to lein Max fine of osha violation resulting in employee deathcorrect answer$10,000 Person who received limitation may petition department withincorrect answer30 days Over $350,000 a business must filecorrect answerMichigan Business Tax Inspections made between hours ofcorrect answer8am to 6pm Contract for over $1000 is not enforceable unless it iscorrect answerwritten and signed contract A building permit shall be granted in whole or in part or denied withincorrect answer10 days In reference to workers compensation for death resulting from personal injury, the dependents who were wholly dependent upon the employees earnings shall receive 80% of the employees after tax weekly wage for a period of ___________.correct answer500 weeks A construction company must file his estimated income taxescorrect answerQuarterly When a salesperson terminates employment the salesperson returns his/her _______.correct answerto LARA within 5 days of termination In reference to a lien, who must be named in a lawsuit submitted by a sub-contractor?correct answerOwner & general contractor An unlicensed residential contractor who violates Act 299 for the first time is guilty of a misdemeanor punishable bycorrect answerA fine not less than $5000 or more than $25,000 or not more than 1 year in jail or both. Issued when the subcontractor is not paidcorrect answerClaim of lien As part of the Energy Conservation Provisions, what is prohibited on a clothes dryer or a gas cooking stove with electrical supply?correct answerPilot light Money paid to a builder by a purchaser is considered to becorrect answerTrust An employer's "willful" violation of MIOSHA regulations may result in a fine up tocorrect answer$70,000 The construction code is updated everycorrect answer3 years All requirements for testing must be completed withincorrect answer1 year from when your license application is received Director is appointed bycorrect answerGovernor The Department shall acknowledge receipt of a complaint to the complainant withincorrect answer30 days Per Act 230, stairwell geometry with 1" nosing iscorrect answerMaximum riser 8 1/4" minimum tread 9" +A telephone solicitor who misrepresents himself or a product is guilty of a misdemeanor punishable by imprisonment for not more than _________ months or a fine of not more than _________, or both.correct answer6 / $500 A Building Board of Appeals shall render its decision not more than _______ days after submission of the appeal.correct answer30 days After notice by the Department, financial statements of a licensee shall be submitted withincorrect answer30 days The name of the board that regulates a residential builder iscorrect answerResidential Builders & Maintenance and Alteration Contractors Board A pre manufactured unit must have a ________________ before being delivered and installed on site.correct answerCertificate of Acceptability The Department and the __________ may remove a limitation.correct answerboard Board meets no less thancorrect answer2 times per year What is prepared by the Department or Department of the Attorney General which discloses evidence of a violation of Act 299?correct answerFormal Complaint If the Board fails to determine the penalties within the set time limits, the ________ may determine the penalty.correct answerDirector A licensed builder shall reply to a complaint withincorrect answer15 days The party responsible for providing a "Notice of Furnishing" within 20 days of the first delivery of goods or services is the _________.correct answersubcontractor. A building inspector must be ___________ with the state of Michigan Bureau of Construction Codes to do inspections.correct answerregistered Directorcorrect answerAppointed by Governor with advice from senate