Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 4 out of 77 pages
Exam (elaborations)

Virginia Contractor's EXAM STUDY GUIDE 2026/2027 COMPLETE QUESTIONS WITH VERIFIED CORRECT ANSWERS || 100% GUARANTEED PASS NEWEST VERSION

Document preview thumbnail
Preview 4 out of 77 pages

Virginia Contractor's EXAM STUDY GUIDE 2026/2027 COMPLETE QUESTIONS WITH VERIFIED CORRECT ANSWERS || 100% GUARANTEED PASS NEWEST VERSION 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 All of the following must be licensed EXCEPT... - ANSWER A material supplier who advises a contractor Payments made by the Transaction Recovery Fund to claimants may include an amount for... - ANSWER Attorney's fees A licensee's name change MUST be reported to the Board within a MAXIMUM of how many days? - ANSWER 30 days 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 How much is the Class A initial license fee? - ANSWER $200 When a claimant is paid funds from the Contractors Recovery Trust Fund... - ANSWER The contractor's license is revoked A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth of... - ANSWER $15,000 A contract for which of the following types of structures may be subject to recovery from the Transaction Recovery Fund? - ANSWER Residential only Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fund balance is less than... - ANSWER $400,000 Virginia Department of Professional and Occupational Regulation (DPOR) - ANSWER The agency responsible for contractor licensing in Virginia. Class B contractors - ANSWER Can undertake single projects valued up to $120,000 and total contracts up to $750,000 in a 12-month period. Virginia Uniform Statewide Building Code (USBC) - ANSWER Enforced by local building departments and overseen at the state level by the Virginia Department of Housing and Community Development (DHCD). Importance of the Virginia Uniform Statewide Building Code - ANSWER It sets the minimum construction and safety standards for all building projects in Virginia, ensuring public health, safety, and welfare. Experience requirements for Class B contractor license - ANSWER You need at least three years of verifiable experience in the specialty or related field, along with passing the required exams. Virginia Erosion and Sediment Control Regulations (E&S Regulations) - ANSWER Help prevent soil erosion and sediment pollution during construction activities. Virginia Transaction Recovery Fund - ANSWER To protect consumers by providing financial relief if they incur losses due to a licensed contractor's improper or dishonest conduct. Building and fire safety standards in Virginia - ANSWER Set by the Virginia Uniform Statewide Building Code (USBC), which incorporates the International Building Code (IBC) and International Residential Code (IRC) with Virginia amendments. Difference between Class A, B, and C contractor licenses - ANSWER - Class A: Single projects over $120,000 and no monetary limit in a 12-month period. - Class B: Single projects up to $120,000, and total up to $750,000 in 12 months. - Class C: Single projects up to $10,000, and total up to $150,000 in 12 months. Role of local building officials under the USBC - ANSWER Review plans, issue permits, conduct inspections, and ensure construction meets the USBC standards in their jurisdiction. Contractor business document requirements in Virginia - ANSWER Their Virginia contractor license number must be displayed on contracts, proposals, advertisements, and business documents. Building permit requirements in Virginia - ANSWER A building permit is required for new construction, alterations, or additions to any structure as specified by the USBC, except where minor repairs are exempt. Erosion and sediment control plan triggers - ANSWER Land-disturbing activities over a certain size threshold (commonly 2,500 square feet in Chesapeake Bay Preservation Areas or 10,000 square feet elsewhere) require an approved plan. Claim against the Virginia Transaction Recovery Fund - ANSWER A homeowner or other eligible claimant who has a final judgment against a licensed contractor for improper or dishonest conduct and has exhausted other collection efforts. Consequences of failing to renew Virginia license on time - ANSWER They may have to pay additional fees, and if renewal is overdue by more than one year, they might have to reapply and meet current licensure requirements. Substantial completion under Virginia construction rules - ANSWER It generally means the stage in a project where the work (or a portion of it) is sufficiently complete so the owner can use it for its intended purpose. Penalty for contracting without a valid license in Virginia - ANSWER Contracting without a license is a Class 1 misdemeanor and can lead to fines, possible jail time, and denial of future license applications. Virginia's requirements for contractor advertising - ANSWER All ads must include the contractor's name as licensed and the Virginia license number. Misleading claims or omitting license information - ANSWER Can result in disciplinary action.

Content preview

Virginia Contractor's EXAM STUDY GUIDE
2026/2027 COMPLETE QUESTIONS WITH
VERIFIED CORRECT ANSWERS ||
100% GUARANTEED PASS
<NEWEST VERSION>


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


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


Payments made by the Transaction Recovery Fund to claimants may include an
amount for... - ANSWER Attorney's fees


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


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

,How much is the Class A initial license fee? - ANSWER $200


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


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


A contract for which of the following types of structures may be subject to
recovery from the Transaction Recovery Fund? - ANSWER Residential only


Contractors will be assessed a fee for the Transaction Recovery Fund whenever
the fund balance is less than... - ANSWER $400,000
Virginia Department of Professional and Occupational Regulation (DPOR) -
ANSWER The agency responsible for contractor licensing in Virginia.


Class B contractors - ANSWER Can undertake single projects valued up to
$120,000 and total contracts up to $750,000 in a 12-month period.


Virginia Uniform Statewide Building Code (USBC) - ANSWER Enforced by
local building departments and overseen at the state level by the Virginia
Department of Housing and Community Development (DHCD).


Importance of the Virginia Uniform Statewide Building Code - ANSWER It sets
the minimum construction and safety standards for all building projects in
Virginia, ensuring public health, safety, and welfare.

, Experience requirements for Class B contractor license - ANSWER You need at
least three years of verifiable experience in the specialty or related field, along with
passing the required exams.


Virginia Erosion and Sediment Control Regulations (E&S Regulations) -
ANSWER Help prevent soil erosion and sediment pollution during construction
activities.


Virginia Transaction Recovery Fund - ANSWER To protect consumers by
providing financial relief if they incur losses due to a licensed contractor's
improper or dishonest conduct.


Building and fire safety standards in Virginia - ANSWER Set by the Virginia
Uniform Statewide Building Code (USBC), which incorporates the International
Building Code (IBC) and International Residential Code (IRC) with Virginia
amendments.


Difference between Class A, B, and C contractor licenses - ANSWER - Class A:
Single projects over $120,000 and no monetary limit in a 12-month period.
- Class B: Single projects up to $120,000, and total up to $750,000 in 12 months.
- Class C: Single projects up to $10,000, and total up to $150,000 in 12 months.


Role of local building officials under the USBC - ANSWER Review plans, issue
permits, conduct inspections, and ensure construction meets the USBC standards in
their jurisdiction.


Contractor business document requirements in Virginia - ANSWER Their
Virginia contractor license number must be displayed on contracts, proposals,
advertisements, and business documents.

, Building permit requirements in Virginia - ANSWER A building permit is
required for new construction, alterations, or additions to any structure as specified
by the USBC, except where minor repairs are exempt.


Erosion and sediment control plan triggers - ANSWER Land-disturbing activities
over a certain size threshold (commonly 2,500 square feet in Chesapeake Bay
Preservation Areas or 10,000 square feet elsewhere) require an approved plan.


Claim against the Virginia Transaction Recovery Fund - ANSWER A homeowner
or other eligible claimant who has a final judgment against a licensed contractor
for improper or dishonest conduct and has exhausted other collection efforts.


Consequences of failing to renew Virginia license on time - ANSWER They may
have to pay additional fees, and if renewal is overdue by more than one year, they
might have to reapply and meet current licensure requirements.


Substantial completion under Virginia construction rules - ANSWER It generally
means the stage in a project where the work (or a portion of it) is sufficiently
complete so the owner can use it for its intended purpose.


Penalty for contracting without a valid license in Virginia - ANSWER Contracting
without a license is a Class 1 misdemeanor and can lead to fines, possible jail time,
and denial of future license applications.


Virginia's requirements for contractor advertising - ANSWER All ads must
include the contractor's name as licensed and the Virginia license number.


Misleading claims or omitting license information - ANSWER Can result in
disciplinary action.

Document information

Uploaded on
June 2, 2026
Number of pages
77
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$16.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Sold
30
Followers
1
Items
418
Last sold
1 week ago


Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions