Administrative Rules: Builders Flashcards
(30 cards)
Board means:
residential builders and maintenance alteration contractors.
Department
Department of licensing and regulatory affairs.
An application for license shall include…
Resident address of all individuals and address of place of business.
Non residents shall maintain a place of business in Michigan, and address of non Michigan business.
At the request of the department, an applicant shall submit within X days
A) A cash or surety bond
B) A financial statement showing current financial condition.
60 days.
A passing score of exam shall be valid for X amount of time.
1 year.
The department shall issue what after successfully completing all requirements for licensure. And what shall be printed on it.
Identification card.
The physical office location shall be printed on the license.
For what reasons can the department deny an application?
For good and sufficient cause.
Sales person can be licensed under X person(s) at one time.
1 person.
Who submits application for salesperson?
The employing residential builder.
What must the salesperson show each customer?
The identification card issued to salesperson by department.
When a salesperson is discharged, the salesperson shall return identification card within X days to department.
5 days.
Who submits application of transfer of license to the new employer for the salesperson?
The new employer.
If a license is predicated upon a bond and the bond is canceled, what happens to the license?
The license is suspended upon date of cancellation.
Upon final order of license suspension or revocation, the licensee shall surrender the license to the department within X days.
Licensee shall surrender license within 10 days, and salespersons under licensee shall have their license suspended.
A qualifying officer shall notify the department within X days of ceasing to be the qualifying officer and shall do what?
10 days,
qualifying officer shall return wall license and pocket card.
A builder is shall maintain what in this state?
A builder or contractor shall maintain a physical location in which books and records are kept.
A post office box, secretarial service is not sufficient.
What must be included in all advertisements?
Name, license number, and business address.
A licensee shall not solicit any contract for home improvements which is…
contingent upon purchaser displaying dwelling to a third party.
All agreements and changes to the agreements between contractor and customer must be what?
in writing and signed by both parties and copies made to customer.
In a purchase and sales agreement, the contractor shall make certain that the written agreements…
clearly state the terms of transaction including specifications, plans, cost, amount and type of work, and the quality of materials.
If a purchase or sales agreement is for a new structure which is either substantially completed or in substantial conformance with a model…
Plans and specs need not be furnish if structure is specifically identified. Any changes must be noted.
What shall builder or contractor keep and maintain?
Complete and accurate set of books and records which disclose the licensees current financial condition.
Upon notice by the department, a licensee shall submit within X days sworn financial statement showing the licensee’s current
financial status
30 days to submit sworn financial statements showing licensees current financial status.
What type of form shall a complaint be submitted on?
A form specified by the department.
