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MARYLAND-NASCLA Contractors Guide to Business, Law and Project Management, Maryland Home Improvement Commission 6th Edition - Tabs Bundle.
The Maryland Home Improvement Commission licenses and regulates home improvement contractors and salespersons. Home improvement work includes alteration, remodeling, repair or replacement of a building or part of a building used as a residence. Home improvement also includes work done on individual condominium units.
In the United States, many states place a cap on the amount of money a contractor can request as a down payment. In the Maryland and Virginia areas, local laws limit this amount to around 33% of the total contract price. If a contractor demands more than this, he or she is breaking the law.
Begin your license agreement by defining who all parties are. From there, add information about license grants, charges, licensee's obligations, intellectual property rights, limitation of liability, confidentiality, governing law, waivers, etc. End the template with an agreement form to sign.
Installing carpet and carpet cleaning are not within the definition of "home improvement" so an MHIC license is not required. However, in order to tile, wood, or other flooring, a home improvement contractor license is required.
Obtaining the License Attend licensing workshop (optional). Pass examination administered by PSI Examination prior to applying for license. Register trade name with Assessments and Taxation (410) 767-1330. Demonstrate financial solvency. Provide credit report. Provide certificate of liability insurance.
Taking the Exam - Home Improvement Commission. The Contractors' examination consists of 55 questions. The Salespersons' examination consists of 35 questions. The exams are based on laws and regulations relating to the operation of a home improvement business and the sale of home improvement work.
The MHIC exam is administered by PSIExams.com. It is an open-book exam, which means that you can have approved reference materials with you during the exam. The reference materials may be highlighted and underlined. But no additional notes are allowed.