Michigan Residential Builder's License What is the 1st offense penalty for engaging in the practice of residential building without a license? - ANSWER - Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? - ANSWER - Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what should you write as your "business address"? - ANSWER - Your personal address What is the cost of the individual builder's license? - ANSWER - $195 After receiving your residential builder's license, what are the only trades that are not covered by your license? - ANSWER - -Plumbing -Electrical
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Who is the TESTING company for the State of Michigan? - ANSWER - PSI What is the name of the DEPARTMENT that regulates your license? - ANSWER - LARA Before you may test, what must you do? - ANSWER - Present 2 forms of ID How should you schedule your test with PSI? - ANSWER - -Online -Mail -Phone/Fax When will you receive your test score? - ANSWER - Immediately following the completion of the test What are the 2 parts of the Residential Builder's Exam? - ANSWER - -Business & Law -Practice & Trade 2 / 4
How long will you have to complete the Practice & Trade portion of the exam? - ANSWER - 180 mins What is a quick asset ratio? - ANSWER - 1 to 1 Under the carpentry section of the test, what does a "span table" tell us? - ANSWER - What species and what grade of lumbar a floor joist has to be to span a certain distance Which topics will be covered on the Practice & Trade portion of the exam? - ANSWER - -Carpentry -Roofing -Insulation Do you need a Residential Builder's License to work on commercial projects? - ANSWER - No 3 / 4
Where does the most fraud occur? - ANSWER - The residential market As a builder, your license falls under the regulation of what? - ANSWER - -Rules by the director & board -Laws of The State of Michigan What is the make up of the 9 members of the board? - ANSWER - -6 individuals that have a license/registration in the occupation in which the board monitors -3 members of the general public Under the definition of occupation code, what does the word "limitation" refer to? - ANSWER
- A condition, stricture, restraint or probation attached to a license relative to the
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scope of practice Who, upon completing a hearing, shall assess a penalty(ies)? - ANSWER - The Board