VA CONTRACTOR/RESIDENTIAL
CONTRACTOR EXAM STUDY GUIDE 2026
TESTED QUESTIONS ANSWERS
◉ 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
◉ 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
CONTRACTOR EXAM STUDY GUIDE 2026
TESTED QUESTIONS ANSWERS
◉ 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
◉ 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
