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Exam (elaborations)

Naslca Virginia Exam Practice Questions and Answers (Latest Update 2024)

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  • Course
  • Naslca Virginia
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  • Naslca Virginia

Naslca Virginia Exam Practice Questions and Answers (Latest Update 2024)

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  • August 8, 2024
  • 38
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Naslca Virginia
  • Naslca Virginia
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Allivia
Naslca Virginia Exam Practice Questions
and Answers (Latest Update 2024)
What is the MAXIMUM penalty for a contractor who
undertakes work without the proper class of license? -
Correct Answer ✅$500 fine per day for each day of
violation plus penalties for a misdemeanor.



All Class A contractor licensure applications MUST include -
Correct Answer ✅information on the knowledge, skills, and
abilities of the applicant.



What is the PRIMARY purpose of licensing? - Correct Answer
✅Protect the health and welfare of the public.



When a claimant is paid funds from the Contractors Recovery
Trust Fund - Correct Answer ✅the contractor's license is
revoked. !!!



The application for licensure MUST include - Correct Answer
✅the business address of the proposed designated
employee.

,Naslca Virginia Exam Practice Questions
and Answers (Latest Update 2024)
Which of the following is a requirement for a joint venture? -
Correct Answer ✅Either the joint venture or each
contracting party of the joint venture must be licensed.



All of the following must be licensed EXCEPT - Correct
Answer ✅a material supplier who advises a contractor.



How much is the Class A initial license fee? - Correct
Answer ✅$200



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



According to the Board Rules and Regulations, a full-time
employee is one who works a MINIMUM of how many hours
per week? - Correct Answer ✅30 hours.



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

,Naslca Virginia Exam Practice Questions
and Answers (Latest Update 2024)
According to the Board Rules and Regulations, which of the
following could be a qualified individual? - Correct 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? -
Correct 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? - Correct Answer ✅5



Additions to buildings MUST comply with - Correct Answer
✅the current code for new construction.



When MUST the work be stopped following the issuance of a
stop work order? - Correct Answer ✅Immediately

, Naslca Virginia Exam Practice Questions
and Answers (Latest Update 2024)
Who is to be in charge of a local building department? -
Correct 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? - Correct Answer ✅45 days



Contractors will be assessed a fee for the Transaction
Recovery Fund whenever the fund balance is less than -
Correct Answer ✅$400,000.



Payments made by the Transaction Recovery Fund to
claimants may include an amount for - Correct Answer
✅attorneys' fees.



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

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