Track 1: Welcome to Contractor State License Services law and business review for the California state contractor's license law and business exam. During this presentation, we will cover the important business accounting and legal concepts that you need to understand. Not only to pass your test, but to become a successful contractor and business person. The best way to follow along with this presentation is to have in front of you a series of slides and diagrams that we call the law outline. You will find the law outline in your home study book behind a tab labeled "outline". During the presentation, we will reference slides by their titles rather than by page numbers. Track 2: We always like to start off on a positive note, so let's start on the slide titled "when you pass" and let's go through it step by step. First of all, what do you do when you pass the State Exam? You will have to decide at this time to either activate or inactivate your license. As you'll notice, in either case, you will need to pay the state license fee. Your state license fee must be in the form of a check or money order made out to the Contractor State License Board. You cannot pay for this in cash, either to us or to the board. Now, you may be thinking, "Well, I've already paid this fee." But the fee you paid when you submitted your application was for the privilege of taking the state exam. It was the exam fee. Your state license fee is for the first two years of your license registration, which by the way, you must renew every two years. If you decide to activate your license, you will need to obtain a surety bond. We can assist...
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California Contractor Warranty Form: What You Should Know
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