Virginia practice exam questions and answers

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? - collect answers-45 days An appeal of a final decision of a county on an erosion control plan MUST be filed with a MAXIMUM of how many days? - collect answers-30 days All Class A contractor licensure applications MUST include: - collect answers-Information on the knowledge, skills, abilities of the applicant When a claimant is paid funds from the Contractors Recovery Trust Fund - collect answers-The contractors license is revoked Which of the following is a requirement for a joint venture? - collect answers-Either the joint venture or each contracting party of joint venture must be licensed Contractors will be assessed a fee for the Transaction Recovery Fund whenever the Fund balance is less than - collect answers-$400,000 according to the board rules and regulations, which if the following could be a qualified individual - collect answers-Any full-time employee