Virginia Residential Building Contractor
Exam Up to Date 2025/2026 Latest Exam
Questions And Answers Complete Study
Guide Exam Prep Practice Test.
, Law & Business
Q1. What is the PRIMARY purpose of contractor licensing in Virginia?
A. To generate revenue for the state
B. To protect the health and welfare of the public
C. To limit competition among contractors
D. To standardize construction materials
Correct Answer: B
The fundamental purpose of Virginia contractor licensing is consumer protection—
ensuring contractors are qualified and accountable. Licensing requirements safeguard
public health, safety, and welfare by establishing minimum competency standards .
Q2. How much is the Class A initial license fee in Virginia?
A. $100
B. $200
C. $380
D. $500
Correct Answer: C
The Class A initial license fee is $380 (not including the Recovery Fund fee). This allows
unlimited contract value per project .
,Q3. A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM
net worth of:
A. $5,000
B. $10,000
C. $15,000
D. $45,000
Correct Answer: C
Class B contractors (projects up to $120,000 per project) must demonstrate a minimum
net worth of $15,000 to ensure financial stability .
Q4. When a claimant is paid funds from the Contractors Recovery Trust Fund, what
happens to the contractor's license?
A. The license is suspended for 30 days
B. The license is revoked
C. The license is placed on probation
D. The license remains unchanged
Correct Answer: B
Payment from the Recovery Trust Fund results in automatic license revocation—a severe
penalty that underscores the seriousness of financial misconduct in construction .
Q5. A contract for which of the following types of structures may be subject to
recovery from the Transaction Recovery Fund?
A. Commercial only
B. Industrial only
C. Residential only
D. Both residential and commercial
,Correct Answer: C
The Transaction Recovery Fund applies specifically to residential structures. Commercial
projects are not covered under this consumer protection mechanism .
Q6. Which Virginia Board for Contractors license class allows a contractor to
perform both residential and commercial work without a limit on the contract
value?
A. Class A
B. Class B
C. Class C
D. Class D
Correct Answer: A
Class A is the highest license class in Virginia, permitting unlimited contract values for
both residential and commercial projects. Class A contractors must demonstrate a
minimum net worth of $45,000 and have a qualified individual with at least five years of
experience .
Q7. The Virginia Board for Contractors is part of which state agency?
A. Department of Labor
B. Department of Professional and Occupational Regulation (DPOR)
C. Department of Housing
D. Department of Commerce
Correct Answer: B
The Virginia Board for Contractors is part of DPOR, which is responsible for licensing and
regulating various professions in Virginia, including contractors .
, Q8. What is the maximum contract value a Class B contractor can legally perform
on a single project?
A. $10,000
B. $30,000
C. $120,000
D. $150,000
Correct Answer: C
Class B contractors in Virginia are limited to projects up to $120,000 per job and $750,000
in annual gross revenue .
Q9. How many years of experience are required to qualify for a Class A contractor
license?
A. 2 years
B. 3 years
C. 5 years
D. 7 years
Correct Answer: C
Class A applicants must provide documented proof of five years of experience in the
construction industry relevant to the license classification being sought .
Q10. When is a contractor required to stop work following the issuance of a stop
work order?
A. Within 24 hours
B. Within 48 hours
C. Immediately
D. After receiving written confirmation
Correct Answer: C
Exam Up to Date 2025/2026 Latest Exam
Questions And Answers Complete Study
Guide Exam Prep Practice Test.
, Law & Business
Q1. What is the PRIMARY purpose of contractor licensing in Virginia?
A. To generate revenue for the state
B. To protect the health and welfare of the public
C. To limit competition among contractors
D. To standardize construction materials
Correct Answer: B
The fundamental purpose of Virginia contractor licensing is consumer protection—
ensuring contractors are qualified and accountable. Licensing requirements safeguard
public health, safety, and welfare by establishing minimum competency standards .
Q2. How much is the Class A initial license fee in Virginia?
A. $100
B. $200
C. $380
D. $500
Correct Answer: C
The Class A initial license fee is $380 (not including the Recovery Fund fee). This allows
unlimited contract value per project .
,Q3. A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM
net worth of:
A. $5,000
B. $10,000
C. $15,000
D. $45,000
Correct Answer: C
Class B contractors (projects up to $120,000 per project) must demonstrate a minimum
net worth of $15,000 to ensure financial stability .
Q4. When a claimant is paid funds from the Contractors Recovery Trust Fund, what
happens to the contractor's license?
A. The license is suspended for 30 days
B. The license is revoked
C. The license is placed on probation
D. The license remains unchanged
Correct Answer: B
Payment from the Recovery Trust Fund results in automatic license revocation—a severe
penalty that underscores the seriousness of financial misconduct in construction .
Q5. A contract for which of the following types of structures may be subject to
recovery from the Transaction Recovery Fund?
A. Commercial only
B. Industrial only
C. Residential only
D. Both residential and commercial
,Correct Answer: C
The Transaction Recovery Fund applies specifically to residential structures. Commercial
projects are not covered under this consumer protection mechanism .
Q6. Which Virginia Board for Contractors license class allows a contractor to
perform both residential and commercial work without a limit on the contract
value?
A. Class A
B. Class B
C. Class C
D. Class D
Correct Answer: A
Class A is the highest license class in Virginia, permitting unlimited contract values for
both residential and commercial projects. Class A contractors must demonstrate a
minimum net worth of $45,000 and have a qualified individual with at least five years of
experience .
Q7. The Virginia Board for Contractors is part of which state agency?
A. Department of Labor
B. Department of Professional and Occupational Regulation (DPOR)
C. Department of Housing
D. Department of Commerce
Correct Answer: B
The Virginia Board for Contractors is part of DPOR, which is responsible for licensing and
regulating various professions in Virginia, including contractors .
, Q8. What is the maximum contract value a Class B contractor can legally perform
on a single project?
A. $10,000
B. $30,000
C. $120,000
D. $150,000
Correct Answer: C
Class B contractors in Virginia are limited to projects up to $120,000 per job and $750,000
in annual gross revenue .
Q9. How many years of experience are required to qualify for a Class A contractor
license?
A. 2 years
B. 3 years
C. 5 years
D. 7 years
Correct Answer: C
Class A applicants must provide documented proof of five years of experience in the
construction industry relevant to the license classification being sought .
Q10. When is a contractor required to stop work following the issuance of a stop
work order?
A. Within 24 hours
B. Within 48 hours
C. Immediately
D. After receiving written confirmation
Correct Answer: C
