Administrative Rules: Builders Flashcards
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.