NY HOME IMPROVEMENT CONTRACTOR
EXAM STUDYGUIDE.WITH 100% VERIFIED
QUESTIONS AND ANSWERS.YEAR
2024.2023/2024.
Must a contractor or salesperson provide the consumer with a separate Notice of Cancellation?
--CORRECT ANSWER--- Yes. At the time of signing the contractor or salesperson must attach to
the signed contract two copies of a separate, completed form titled "Notice of Cancellation."
How much time does the home owner have to cancel the contract? --CORRECT ANSWER---
Until midnight of the third business day.
Must a contractor or salesperson inform the consumer orally of the consumer's right to cancel?
--CORRECT ANSWER--- Yes, verbally and written notice.
What if a contractor or salesperson fails to comply with the provisions requiring oral (spoken)
and written notice of the consumer's right to cancel? --CORRECT ANSWER--- The consumer may
cancel the contract at any time.
How many days does a contractor or salesperson have to honor valid notice of cancellation? --
CORRECT ANSWER--- 10 business days
Do salespersons need to notify DCA about their employers? --CORRECT ANSWER--- Yes within
48 hours of new employment.
What must all advertising and sales literature contain? --CORRECT ANSWER--- DCA Home
Improvement Contractor license number.
A "savings" claim in an adv ertisment cannot imply what? --CORRECT ANSWER--- The amount
specified is the selling price.
What type of guarantees or warranties can be made? --CORRECT ANSWER--- Only as long as a
defect is likely to show up.
What type of guarantees or warranties can NOT be made? --CORRECT ANSWER--- "lifetime"
guarantees or warranties
Who must obtain building and improvement permits? --CORRECT ANSWER--- The prime
contractor.
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