Virginia Real Estate Salesperson Exam, state portion Questions and Answers
Virginia Real Estate Salesperson Exam, state portion Questions and AnswersVirginia Real Estate Salesperson Exam, state portion Questions and AnswersVirginia Real Estate Salesperson Exam, state portion Questions and Answers Firm - ANSWER-any sole proprieteorship, partnership, assoc, LLC, or Corp that is required to have a separate brokerage firm license. "ABC Realty" must have a firm license, and a licensed principle broker DPOR - ANSWER-Board of Professional and Occupational Regulation. Consists of 9 members, appointed by governor to 4 yr terms. REB (real estate board) is part of DPOR. CIC Board - ANSWER-Common Interest Community Board, within the DPOR; separate from the REB. Creates licensure to govern condos, time shares, coops and HOAs. 80 hr CIC manager training program. regulations for firm license - ANSWER-every resident real estate broker must maintain a place of business in VA.
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