Virginia Contractor General Practice Test

If a license was issued on 10/15/2003, when does it expire?

1. 10/31/2004

2. 10/31/2005

3. 10/31/2006

4. 10/31/2007

The correct answer is: 10/31/2005

In Virginia, contractor licenses typically have a validity period of two years. When a license is issued, it usually expires two years after the issuance date. Since the license in question was issued on October 15, 2003, it will remain active until October 31 of the two-year anniversary, which is the standard expiration date for licenses in the state. Hence, the correct expiration date would be October 31, 2005, which falls exactly two years after the issuance date. This is consistent with the understanding that licenses establish a cycle that concludes at the end of the month of issuance two years later, rather than exactly two years from the issuance date. Therefore, October 31, 2005, is the appropriate expiry date for this example.