MHIC Exam Latest Update 2025-2026 70 Questions and 100% Verified Correct Answers Guaranteed A+
A contract was signed by the contractor on Friday at 5pm, but the hometown wishes to
cancel the contract. When can the contractor be canceled? - CORRECT ANSWER:
Until Sunday at 12am
A contractor have been accepted by the homeowner in the amount of $9,500. What is
the amount that the contractor can accept inicial payment? - CORRECT ANSWER:
$3,166.67
A contractor license authorizes the use of what type of license? - CORRECT ANSWER: Contractor, subcontractor and to sale a home improvement contract
A foreman/supervisor is working at the site of a project, and sees that the plans of the
contract can change to finish earlier. Wha must he do now? - CORRECT ANSWER: Do
not change the plans, only the contractor can change the plans
A mold remediation is completed by the residential owner. The area is more then 10 sqt.
Does the homeowner need a mold remediation license? - CORRECT ANSWER: True
A person who's violets a contractor license is subject to a fine of $2.000 and 6 months in
jail - CORRECT ANSWER: False
An applicant for a contractor license shall have a minimum of how many experience? -
CORRECT ANSWER: 2 years
Commission consist of how many members? - CORRECT ANSWER: 7
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Debit limitation means when a contractor cannot make a promissory note, arrange or prepare a greater monetary obligation then the ordinary agreed - CORRECT ANSWER: True
Do you have to provide a credit score to apply for a contractors license? - CORRECT
ANSWER: True
For sale a home improvement contract, Jenny Smith receives a compensation from the homeowner for being through and given her a good deal on the contract. Wha must
Jenny do? - CORRECT ANSWER: She may not accept the gift
If an applicant has a previous felony can the commission still grant him a contractors
license? - CORRECT ANSWER: True
If you are conducting home improvement without a license on the first offense, what is the penalty? - CORRECT ANSWER: $1.000 fine, and not exceeding 6 months in prison.
If you are conducting home improvement without a license on the first offense, what is the penalty? - CORRECT ANSWER: $1000 fine, and not exceeding 6 months of prison.
The right to enforced any mechanical lien expires at the and of? - CORRECT ANSWER: Every 1 yeas
What is an EIN? - CORRECT ANSWER: Employer Identification Number.
What is the passing score for the MHIC license? - CORRECT ANSWER: 70%
When do you renew your home improvement license? - CORRECT ANSWER: 2 years.
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