Virginia Contractor's Exam GUARANTEED PASS !!
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 proposed 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? - (ANSWER)$360
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.
According to the Board Rules and Regulations, which of the following could be a qualified individual? -
(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
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, 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 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.
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
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fund balance is less than -
(ANSWER)$400,000.
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.
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.
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
An appeal of a final decision of a county on an erosion control plan MUST be filed within a MAXIMUM of
how many days? - (ANSWER)30 days.
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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 proposed 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? - (ANSWER)$360
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.
According to the Board Rules and Regulations, which of the following could be a qualified individual? -
(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
Page 1 of 7
, 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 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.
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
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fund balance is less than -
(ANSWER)$400,000.
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.
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.
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
An appeal of a final decision of a county on an erosion control plan MUST be filed within a MAXIMUM of
how many days? - (ANSWER)30 days.
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