Virginia Home Improvement Contractor
(HIC) Exam – 2026/2027 Actual Exam-
Questions with 100% Verified Correct
Answers Latest Version • Graded A+ •
Pass Guaranteed
Q1 According to the Virginia Board for Contractors, what is the minimum net worth or working
capital required to obtain a Class A contractor license?
Answer: $45,000
Rationale: Virginia Code § 54.1-1106 and Board regulations require a minimum net worth or
working capital of $45,000 for Class A licenses.
Q2 Which of the following is required before a contractor can advertise as a “Home
Improvement Contractor” in Virginia?
Answer: A valid Class B or Class C license with the HIC endorsement
Rationale: Virginia law prohibits unlicensed advertising of home improvement services; the
HIC endorsement is required on the license.
Q3 What is the maximum contract amount a Class C contractor may perform without a bond?
Answer: $10,000 per project
Rationale: Class C licenses are limited to projects of $10,000 or less per contract (including
labor and materials).
Q4 How long must a contractor keep records of all home improvement contracts?
,Answer: At least 3 years from the date of completion
Rationale: Virginia Code § 54.1-1115 requires contractors to maintain records for a minimum of
3 years.
Q5 What is the required notice period for a contractor to cancel a home improvement contract?
Answer: 3 business days (right of rescission)
Rationale: Virginia Code § 59.1-21.3 gives the consumer 3 business days to cancel a home
solicitation contract (right of rescission).
Q6 Which of the following must be included in every home improvement contract?
Answer: Contractor’s license number and the 3-day right of rescission notice
Rationale: Virginia Code § 54.1-1115 requires the contractor’s license number, description of
work, price, and the 3-day cancellation notice.
Q7 What is the maximum penalty for performing home improvement work without a license?
Answer: Class 1 misdemeanor for a first offense
Rationale: Virginia Code § 54.1-1115 makes unlicensed contracting a Class 1 misdemeanor (up
to 12 months jail and/or $2,500 fine).
Q8 Which bond amount is required for a Class A contractor license?
Answer: $50,000 contractor’s bond
Rationale: Class A licenses require a $50,000 bond (or cash equivalent) to protect consumers.
Q9 When must a contractor provide a written contract to the homeowner?
Answer: For all home improvement projects over $1,000
, Rationale: Virginia law requires a written contract for any home improvement project exceeding
$1,000.
Q10 What is the statute of limitations for filing a claim against a contractor’s bond?
Answer: 2 years from the date of the act or omission
Rationale: Virginia Code § 54.1-1115 sets a 2-year limitation period for claims against the
contractor’s bond.
Q11 Which of the following is considered a “home improvement” under Virginia law?
Answer: Installation of a new roof
Rationale: Home improvement includes repair, replacement, or alteration of residential
structures, including roofing.
Q12 What is the required pre-license education for the HIC endorsement?
Answer: 8 hours of approved contractor business practices education
Rationale: The Board requires 8 hours of approved education covering Virginia contractor laws
and business practices.
Q13 Which of the following is prohibited in home improvement advertising?
Answer: Using the term “licensed” without displaying the license number
Rationale: Virginia Code § 54.1-1115 prohibits advertising as “licensed” without including the
contractor’s license number.
Q14 What is the maximum project value a Class B contractor may perform?
Answer: No maximum – but individual contracts may not exceed $120,000
(HIC) Exam – 2026/2027 Actual Exam-
Questions with 100% Verified Correct
Answers Latest Version • Graded A+ •
Pass Guaranteed
Q1 According to the Virginia Board for Contractors, what is the minimum net worth or working
capital required to obtain a Class A contractor license?
Answer: $45,000
Rationale: Virginia Code § 54.1-1106 and Board regulations require a minimum net worth or
working capital of $45,000 for Class A licenses.
Q2 Which of the following is required before a contractor can advertise as a “Home
Improvement Contractor” in Virginia?
Answer: A valid Class B or Class C license with the HIC endorsement
Rationale: Virginia law prohibits unlicensed advertising of home improvement services; the
HIC endorsement is required on the license.
Q3 What is the maximum contract amount a Class C contractor may perform without a bond?
Answer: $10,000 per project
Rationale: Class C licenses are limited to projects of $10,000 or less per contract (including
labor and materials).
Q4 How long must a contractor keep records of all home improvement contracts?
,Answer: At least 3 years from the date of completion
Rationale: Virginia Code § 54.1-1115 requires contractors to maintain records for a minimum of
3 years.
Q5 What is the required notice period for a contractor to cancel a home improvement contract?
Answer: 3 business days (right of rescission)
Rationale: Virginia Code § 59.1-21.3 gives the consumer 3 business days to cancel a home
solicitation contract (right of rescission).
Q6 Which of the following must be included in every home improvement contract?
Answer: Contractor’s license number and the 3-day right of rescission notice
Rationale: Virginia Code § 54.1-1115 requires the contractor’s license number, description of
work, price, and the 3-day cancellation notice.
Q7 What is the maximum penalty for performing home improvement work without a license?
Answer: Class 1 misdemeanor for a first offense
Rationale: Virginia Code § 54.1-1115 makes unlicensed contracting a Class 1 misdemeanor (up
to 12 months jail and/or $2,500 fine).
Q8 Which bond amount is required for a Class A contractor license?
Answer: $50,000 contractor’s bond
Rationale: Class A licenses require a $50,000 bond (or cash equivalent) to protect consumers.
Q9 When must a contractor provide a written contract to the homeowner?
Answer: For all home improvement projects over $1,000
, Rationale: Virginia law requires a written contract for any home improvement project exceeding
$1,000.
Q10 What is the statute of limitations for filing a claim against a contractor’s bond?
Answer: 2 years from the date of the act or omission
Rationale: Virginia Code § 54.1-1115 sets a 2-year limitation period for claims against the
contractor’s bond.
Q11 Which of the following is considered a “home improvement” under Virginia law?
Answer: Installation of a new roof
Rationale: Home improvement includes repair, replacement, or alteration of residential
structures, including roofing.
Q12 What is the required pre-license education for the HIC endorsement?
Answer: 8 hours of approved contractor business practices education
Rationale: The Board requires 8 hours of approved education covering Virginia contractor laws
and business practices.
Q13 Which of the following is prohibited in home improvement advertising?
Answer: Using the term “licensed” without displaying the license number
Rationale: Virginia Code § 54.1-1115 prohibits advertising as “licensed” without including the
contractor’s license number.
Q14 What is the maximum project value a Class B contractor may perform?
Answer: No maximum – but individual contracts may not exceed $120,000
