Contractor Licensing and Regulations Quiz
24 Questions
100 Views

Contractor Licensing and Regulations Quiz

Created by
@WellRegardedObsidian1129

Questions and Answers

What is the maximum penalty for a contractor who undertakes work without the proper class of license?

$500 fine.

Which of the following is a requirement for a joint venture?

  • A joint venture can operate without any licenses
  • Either the joint venture or each contracting party must be licensed (correct)
  • Both parties must be licensed
  • No requirement is needed
  • What must the application for licensure include?

    the business address of the proposed designated employee.

    What must all Class A contractor licensure applications include?

    <p>information on the knowledge, skills, and abilities of the applicant.</p> Signup and view all the answers

    What happens when a claimant is paid funds from the Contractors Recovery Trust Fund?

    <p>the contractor's license is revoked.</p> Signup and view all the answers

    Who must be licensed?

    <p>All of the above except option B</p> Signup and view all the answers

    What is the primary purpose of licensing?

    <p>Protect the health and welfare of the public.</p> Signup and view all the answers

    What is the minimum net worth required for a firm to be licensed as a Class B contractor?

    <p>$15,000.</p> Signup and view all the answers

    How many days does a licensee have to report a name change to the Board?

    <p>30 days.</p> Signup and view all the answers

    Which of the following could be a qualified individual according to the Board Rules and Regulations?

    <p>Any full-time employee</p> Signup and view all the answers

    How much is the Class A initial license fee?

    <p>$200.</p> Signup and view all the answers

    What is the minimum number of hours a full-time employee must work per week?

    <p>30 hours.</p> Signup and view all the answers

    Who is responsible for the local building department?

    <p>Building official.</p> Signup and view all the answers

    Within how many working days must a building official issue a certificate of occupancy after it has been requested?

    <p>5 days.</p> Signup and view all the answers

    Within how many days must an appeal to the local building official's decision be made?

    <p>90 days.</p> Signup and view all the answers

    What must additions to buildings comply with?

    <p>the current code for new construction.</p> Signup and view all the answers

    When must work be stopped following the issuance of a stop work order?

    <p>Immediately.</p> Signup and view all the answers

    What is the threshold balance for the Transaction Recovery Fund that triggers a fee assessment for contractors?

    <p>$400,000.</p> Signup and view all the answers

    For which type of structures may a contract be subject to recovery from the Transaction Recovery Fund?

    <p>Residential only</p> Signup and view all the answers

    Within how many months must a verified claim for payment from the Transaction Recovery Fund occur after a final judgment?

    <p>12 months.</p> Signup and view all the answers

    Within how many days must contractors pay the fee to support the Transaction Recovery Fund after the assessment fee notice is mailed?

    <p>45 days.</p> Signup and view all the answers

    Payments made by the Transaction Recovery Fund to claimants may include an amount for what?

    <p>attorneys' fees.</p> Signup and view all the answers

    Within how many days must an appeal of a final decision on an erosion control plan be filed?

    <p>30 days.</p> Signup and view all the answers

    Temporary erosion and sediment control measures must be removed within a maximum of how many days after final site stabilization?

    <p>30 days.</p> Signup and view all the answers

    Study Notes

    Contractor Licensing and Regulations

    • Maximum penalty for unlicensed work: $500 fine.
    • Joint ventures require at least one party to be licensed.
    • Licensure applications must include the designated employee's business address.
    • Class A applications require details on applicants' knowledge, skills, and abilities.
    • Claimants receiving funds from the Contractors Recovery Trust Fund lead to contractor license revocation.
    • Material suppliers advising contractors do not need a license.

    Purpose and Requirements of Licensing

    • Primary purpose of contractor licensing: protect public health and welfare.
    • Class B contractors need a minimum net worth of $15,000.
    • License name changes must be reported within 30 days.
    • Only full-time employees, working a minimum of 30 hours a week, can qualify under Board rules.

    Fees and Timeframes

    • Class A initial license fee is set at $200.
    • Building officials must issue certificates of occupancy within 5 working days if requirements are met.
    • Appeals for modifications to the USBC must be filed within 90 days.
    • Additions must comply with current construction codes.
    • Work must cease immediately upon issuance of a stop work order.

    Transaction Recovery Fund

    • Contractors are assessed a fee when the Transaction Recovery Fund balance drops below $400,000.
    • Only residential contract structures are eligible for recovery from the Transaction Recovery Fund.
    • Verified claims from the Transaction Recovery Fund must be submitted within 12 months post-final judgment.
    • Fees to the Transaction Recovery Fund are due within 45 days of notification.
    • Payments from the fund may cover attorneys' fees.

    Appeals and Controls

    • Appeals against county decisions on erosion control plans must be filed within 30 days.
    • Temporary erosion and sediment control measures must be removed within 30 days after final site stabilization.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Description

    Test your knowledge on the important aspects of contractor licensing and regulations. This quiz covers what you need to know about licensing fees, requirements, and penalties. Perfect for aspiring contractors and those involved in the construction industry.

    More Quizzes Like This

    LICENSING REQUIREMENTS
    43 questions

    LICENSING REQUIREMENTS

    ConstructiveSnowflakeObsidian avatar
    ConstructiveSnowflakeObsidian
    MHIC Licensing and Regulations Overview
    47 questions
    Florida Contractors Manual Quiz
    14 questions

    Florida Contractors Manual Quiz

    WellConnectedComputerArt avatar
    WellConnectedComputerArt
    Florida Contractor Regulations Quiz
    15 questions

    Florida Contractor Regulations Quiz

    SustainableAntigorite1088 avatar
    SustainableAntigorite1088
    Use Quizgecko on...
    Browser
    Browser