Home Improvement License In Maryland
Home Improvement License In Maryland – The Maryland Department of Labor regulates the licensing of home improvement contractors in the state. As part of the home improvement contractor license application, the state of Maryland requires all home improvement contractors who do not meet the solvency requirement to obtain a Maryland home improvement contractor bond in the amount of $20,000.
Any person seeking to obtain a home improvement license in Maryland must meet a solvency requirement. To meet this requirement, an applicant must establish that their net worth (your assets minus your liabilities) is at least $20,000. Why $20,000?