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Exam (elaborations)

Virginia Contractor’s Exam – Real State Exam Questions & Verified Answers – Pass First Attempt Guaranteed – Instant Download- Newest 2026 Update!!!!!

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VIRGINIA CONTRACTOR’S EXAM – REAL STATE EXAM QUESTIONS & VERIFIED ANSWERS – PASS FIRST ATTEMPT GUARANTEED – INSTANT DOWNLOAD- NEWEST 2026 UPDATE!!!!!

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What is the MAXIMUM penalty for a contractor who undertakes work without the proper
class of license? - ANSWER $500 fine per day for each day of violation plus penalties for a
misdemeanor.



What is the PRIMARY purpose of licensing? - ANSWER Protect the health and welfare of
the public.



The application for licensure MUST include - ANSWER the business address of the pro-
posed designated employee.



All of the following must be licensed EXCEPT - ANSWER a material supplier who advises a
contractor.



When a claimant is paid funds from the Contractors Recovery Trust Fund - ANSWER the
contractor's license is revoked.



All Class A contractor licensure applications MUST include - ANSWER information on the
knowledge, skills, and abilities of the applicant.



Which of the following is a requirement for a joint venture? - ANSWER Either the joint
venture or each contracting party of the joint venture must be licensed



How much is the Class A initial license fee not including the Recovery Fund fee? - AN-
SWER $360



According to the Board Rules and Regulations, a full-time employee is one who works a MIN-
IMUM of how many hours per week? - ANSWER 30 hours.


1

, According to the Board Rules and Regulations, which of the following could be a qualified in-
dividual? - ANSWER Any full-time employee



A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth of -
ANSWER $15,000



A licensee's name change MUST be reported to the Board within a MAXIMUM of how many
days? - ANSWER 30 days.



Additions to buildings MUST comply with - ANSWER the current code for new construc-
tion.



When MUST the work be stopped following the issuance of a stop work order? - AN-
SWER Immediately



Who is to be in charge of a local building department? - ANSWER Building official.



An appeal of the local building official's decision to refuse to grant a modification to the
USBC MUST be made to the local building board within a MAXIMUM of how many days? -
ANSWER 90 days.



A building official MUST issue a certificate of occupancy for a building that meets all the re-
quirements for a certificate within a MAXIMUM of how many working days after the certifi-
cate was requested? - ANSWER 5



Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fund bal-
ance is less than - ANSWER $400,000.




2

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