Nevada Contractor License Exam — All Questions

Under NRS 624.970, a residential contractor who agrees to improve a single-family residence for the owner who lives in it must give the owner what?

• a.A verbal estimate of the price, confirmed in writing only after the job is complete
• b.A one-page invoice listing the total price, with the scope of work to be agreed later
• c.A written contract stating the work, the total price, and the amount of each progress payment✓
• d.A copy of the contractor's most recent financial statement and written proof of its monetary limit

NRS 624.970 applies to residential improvement contracts entered into on or after October 1, 2023 between a residential contractor and the owner of a single-family residence who lives in it. The contract must be in writing and must describe the work, state the total price, and give the dollar amount of each progress payment, among other required contents. An oral estimate is not a substitute.NRS 624.970 (contracts for residential improvements)

During a project the owner requests additional work that was not in the original scope. What is the proper instrument to authorize the added work, price, and time?

• a.A notice of completion recorded by the owner after the work ends
• b.A performance bond issued by the contractor's surety
• c.A mechanic's lien recorded against the owner's property
• d.A written change order signed by the parties✓

Added or changed scope should be documented by a written change order that states the added work, its price, and any schedule impact, signed by both parties before the work proceeds. Verbal changes are a leading cause of payment disputes.Construction Business and Law Manual for Nevada (change orders)