VIRGINIA HIC ACTUAL EXAMINATION
2026 FULL ANSWERS GRADED A+
⩥ All Class A contractor licensure applications MUST include. Answer:
information on the knowledge, skills, and abilities of the applicant.
⩥ What is the PRIMARY purpose of licensing?. Answer: Protect the
health and welfare of the public.
⩥ When a claimant is paid funds from the Contractors Recovery Trust
Fund. Answer: the contractor's license is revoked. !!!
⩥ The application for licensure MUST include. Answer: the business
address of the proposed designated employee.
⩥ 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.
⩥ All of the following must be licensed EXCEPT. Answer: a material
supplier who advises a contractor.
⩥ How much is the Class A initial license fee?. Answer: $200
,⩥ A licensee's name change MUST be reported to the Board within a
MAXIMUM of how many days?. Answer: 30 days
⩥ According to the Board Rules and Regulations, a full-time employee
is one who works a MINIMUM of how many hours per week?. Answer:
30 hours.
⩥ A firm desiring to be licensed as a Class B contractor MUST have a
MINIMUM net worth of. Answer: $15,000.
⩥ According to the Board Rules and Regulations, which of the following
could be a qualified individual?. Answer: Any full-time employee.
⩥ 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 requirements for a certificate within a
MAXIMUM of how many working days after the certificate was
requested?. Answer: 5
⩥ Additions to buildings MUST comply with. Answer: the current code
for new construction.
, ⩥ When MUST the work be stopped following the issuance of a stop
work order?. Answer: Immediately
⩥ Who is to be in charge of a local building department?. Answer:
Building official.
⩥ Contractors who are assessed a fee to support the Transaction
Recovery Fund MUST pay this fee within a MINIMUM of how many
days from when the assessment fee notice was mailed?. Answer: 45 days
⩥ Contractors will be assessed a fee for the Transaction Recovery Fund
whenever the fund balance is less than. Answer: $400,000.
⩥ Payments made by the Transaction Recovery Fund to claimants may
include an amount for. Answer: attorneys' fees.
⩥ A contract for which of the following types of structures may be
subject to recovery from the Transaction Recovery Fund?. Answer:
Residential only.
⩥ A verified claim for payment from the Transaction Recovery Fund
MUST occur within a MAXIMUM of what period of time from the date
the claimant was awarded a final judgment?. Answer: 12 months.
2026 FULL ANSWERS GRADED A+
⩥ All Class A contractor licensure applications MUST include. Answer:
information on the knowledge, skills, and abilities of the applicant.
⩥ What is the PRIMARY purpose of licensing?. Answer: Protect the
health and welfare of the public.
⩥ When a claimant is paid funds from the Contractors Recovery Trust
Fund. Answer: the contractor's license is revoked. !!!
⩥ The application for licensure MUST include. Answer: the business
address of the proposed designated employee.
⩥ 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.
⩥ All of the following must be licensed EXCEPT. Answer: a material
supplier who advises a contractor.
⩥ How much is the Class A initial license fee?. Answer: $200
,⩥ A licensee's name change MUST be reported to the Board within a
MAXIMUM of how many days?. Answer: 30 days
⩥ According to the Board Rules and Regulations, a full-time employee
is one who works a MINIMUM of how many hours per week?. Answer:
30 hours.
⩥ A firm desiring to be licensed as a Class B contractor MUST have a
MINIMUM net worth of. Answer: $15,000.
⩥ According to the Board Rules and Regulations, which of the following
could be a qualified individual?. Answer: Any full-time employee.
⩥ 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 requirements for a certificate within a
MAXIMUM of how many working days after the certificate was
requested?. Answer: 5
⩥ Additions to buildings MUST comply with. Answer: the current code
for new construction.
, ⩥ When MUST the work be stopped following the issuance of a stop
work order?. Answer: Immediately
⩥ Who is to be in charge of a local building department?. Answer:
Building official.
⩥ Contractors who are assessed a fee to support the Transaction
Recovery Fund MUST pay this fee within a MINIMUM of how many
days from when the assessment fee notice was mailed?. Answer: 45 days
⩥ Contractors will be assessed a fee for the Transaction Recovery Fund
whenever the fund balance is less than. Answer: $400,000.
⩥ Payments made by the Transaction Recovery Fund to claimants may
include an amount for. Answer: attorneys' fees.
⩥ A contract for which of the following types of structures may be
subject to recovery from the Transaction Recovery Fund?. Answer:
Residential only.
⩥ A verified claim for payment from the Transaction Recovery Fund
MUST occur within a MAXIMUM of what period of time from the date
the claimant was awarded a final judgment?. Answer: 12 months.
