100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Naslca Virginia Exam Practice Questions and Answers (Latest Update 2024) $12.99   Add to cart

Exam (elaborations)

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

 3 views  0 purchase
  • Course
  • Naslca Virginia
  • Institution
  • Naslca Virginia

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

Preview 4 out of 38  pages

  • August 8, 2024
  • 38
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Naslca Virginia
  • Naslca Virginia
avatar-seller
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.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Allivia. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67163 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.99
  • (0)
  Add to cart