MHIC Study Guide 2026

Maryland MHIC regulations require contractors to retain all contract-related records for at least 3 years following project completion.

The arbitration clause must state *whether* the arbitrator's findings are binding, but it is not required that they must be. The clause must also name the arbitrator, disclose any fees, and state that a Guaranty Fund claim will be stayed pending arbitration.

Reinstating a lapsed MHIC license requires a new application, payment of fees, and any unlicensed work performed during the lapse may result in additional penalties.

Maryland may grant waivers for equivalent experience or licensure, but it must be formally reviewed and approved by the Commission.

Maryland law requires a home improvement contract to include the approximate start date and completion date (or time frame) for the project. This is one of several mandatory provisions under the MHIA designed to protect consumers.

MHIC regulations mandate that licensed contractors must conspicuously display their home improvement license number, preceded by the letters "MHIC #", on both sides of all work vehicles. The lettering must be at least 3 inches high.