VA HIC LICENSE EXAM PREP 2 EXAM SCRIPT
2026 EXAMPREP TESTED QUESTIONS
ANSWERS FULL SOLUTION GRADED A+
◉ A firm desiring to be licensed as a Class B contractor MUST have a
MINIMUM net worth of
Answer: $15,000.
◉ According to the Board Rules and Regulations, which of the
following could be a qualified individual?
Answer: Any full-time employee.
◉ An appeal of the local building official's decision to refuse to grant
a modification to the USBC MUST be made to the local building
board within a MAXIMUM of how many days?
Answer: 90 days.
◉ A building official MUST issue a certificate of occupancy for a
building that meets all the requirements for a certificate within a
MAXIMUM of how many working days after the certificate was
requested?
Answer: 5
,◉ 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
◉ Who is to be in charge of a local building department?
Answer: Building official.
◉ 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?
Answer: 45 days
◉ Contractors will be assessed a fee for the Transaction Recovery
Fund whenever the fund balance is less than
Answer: $400,000.
◉ Payments made by the Transaction Recovery Fund to claimants
may include an amount for
Answer: attorneys' fees.
, ◉ A contract for which of the following types of structures may be
subject to recovery from the Transaction Recovery Fund?
Answer: Residential only.
◉ A verified claim for payment from the Transaction Recovery Fund
MUST occur within a MAXIMUM of what period of time from the
date the claimant was awarded a final judgment?
Answer: 12 months.
◉ 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.
◉ Temporary erosion and sediment control measures MUST be
removed within a MAXIMUM of how many days after the final site
stabilization?
Answer: 30 days.
◉ Which of the following statements about a sole proprietorship is
TRUE?
Answer: The business, or any part of it, can be sold, altered, or
exchanged at will.
2026 EXAMPREP TESTED QUESTIONS
ANSWERS FULL SOLUTION GRADED A+
◉ A firm desiring to be licensed as a Class B contractor MUST have a
MINIMUM net worth of
Answer: $15,000.
◉ According to the Board Rules and Regulations, which of the
following could be a qualified individual?
Answer: Any full-time employee.
◉ An appeal of the local building official's decision to refuse to grant
a modification to the USBC MUST be made to the local building
board within a MAXIMUM of how many days?
Answer: 90 days.
◉ A building official MUST issue a certificate of occupancy for a
building that meets all the requirements for a certificate within a
MAXIMUM of how many working days after the certificate was
requested?
Answer: 5
,◉ 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
◉ Who is to be in charge of a local building department?
Answer: Building official.
◉ 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?
Answer: 45 days
◉ Contractors will be assessed a fee for the Transaction Recovery
Fund whenever the fund balance is less than
Answer: $400,000.
◉ Payments made by the Transaction Recovery Fund to claimants
may include an amount for
Answer: attorneys' fees.
, ◉ A contract for which of the following types of structures may be
subject to recovery from the Transaction Recovery Fund?
Answer: Residential only.
◉ A verified claim for payment from the Transaction Recovery Fund
MUST occur within a MAXIMUM of what period of time from the
date the claimant was awarded a final judgment?
Answer: 12 months.
◉ 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.
◉ Temporary erosion and sediment control measures MUST be
removed within a MAXIMUM of how many days after the final site
stabilization?
Answer: 30 days.
◉ Which of the following statements about a sole proprietorship is
TRUE?
Answer: The business, or any part of it, can be sold, altered, or
exchanged at will.
