8/8/25, 9:20 AM WV Real Estate FINAL EXAM ACTUAL EXAM ALL QUESTIONS AND CORRECT DETAILED ANSWERS
WEST VIRGINIA Real Estate FINAL EXAM ACTUAL EXAM
ALL QUESTIONS AND CORRECT DETAILED ANSWERS
\LATEST VERSION 2025-2026
The purpose of the West protect the public in real estate transactions.
Virginia License Act is to
---
limit competition in the real
estate industry. protect the
public in real estate
transactions.
regulate the limit for
brokerage compensation.
impose license fees to
generate income.
Jim acquires a West Virginia associate broker.
broker license.
He wants to sell real estate
without opening a business
so he decides to
remain at his
salespersons desk on the
sales floor at Acme
Realty. Jims license
status will be that of
a(n)
---
associate
… 1/61
,8/8/25, 9:20 AM WV Real Estate FINAL EXAM ACTUAL EXAM ALL QUESTIONS AND CORRECT DETAILED ANSWERS
broker.
Salesperson.
broker apprentice.
designated broker.
Velma is a licensed her employing broker only.
salesperson in West
Virginia. Velma may
properly receive
compensation or commissions
from
---
Any landlord
or seller. the
principal.
any other licensed real estate
broker.
her employing broker only.
West Virginia law requires the employing broker's name
all advertising placed by
salespersons and
associate
brokers include
---
the licensees license number.
name of the salesperson or
… 2/61
,8/8/25, 9:20 AM WV Real Estate FINAL EXAM ACTUAL EXAM ALL QUESTIONS AND CORRECT DETAILED ANSWERS
associate broker.
the employing
broker's name. all
of the above.
A West Virginia license to act employing broker's name.
as a
salesperson or associate
broker shows on the
certificate the:
---
employing brokers
name. corporate
name.
business address where
employed.
home address of the licensee.
Which individual is NOT Business broker who negotiates leases of business property only
exempt from licensure
under West Virginia law?
---
Individual owner selling his
or her own property.
Mortgage broker dealing in
residential home loans.
Individual conveying the
property of
… 3/61
, 8/8/25, 9:20 AM WV Real Estate FINAL EXAM ACTUAL EXAM ALL QUESTIONS AND CORRECT DETAILED ANSWERS
another under the authority
of a deed of trust or a will.
Business broker who
negotiates leases of
business property only
Which statement is The sign requirement does not apply to a place of business
FALSE regarding located in a home.
brokerage signs?
---
The broker must maintain a
sign at the entrance to
each branch office.
The sign requirement does
not apply to a place of
business located in a
home.
The word "Broker" must be on
the sign.
The sign must include the
brokers trade name, if
applicable.
… 4/61
WEST VIRGINIA Real Estate FINAL EXAM ACTUAL EXAM
ALL QUESTIONS AND CORRECT DETAILED ANSWERS
\LATEST VERSION 2025-2026
The purpose of the West protect the public in real estate transactions.
Virginia License Act is to
---
limit competition in the real
estate industry. protect the
public in real estate
transactions.
regulate the limit for
brokerage compensation.
impose license fees to
generate income.
Jim acquires a West Virginia associate broker.
broker license.
He wants to sell real estate
without opening a business
so he decides to
remain at his
salespersons desk on the
sales floor at Acme
Realty. Jims license
status will be that of
a(n)
---
associate
… 1/61
,8/8/25, 9:20 AM WV Real Estate FINAL EXAM ACTUAL EXAM ALL QUESTIONS AND CORRECT DETAILED ANSWERS
broker.
Salesperson.
broker apprentice.
designated broker.
Velma is a licensed her employing broker only.
salesperson in West
Virginia. Velma may
properly receive
compensation or commissions
from
---
Any landlord
or seller. the
principal.
any other licensed real estate
broker.
her employing broker only.
West Virginia law requires the employing broker's name
all advertising placed by
salespersons and
associate
brokers include
---
the licensees license number.
name of the salesperson or
… 2/61
,8/8/25, 9:20 AM WV Real Estate FINAL EXAM ACTUAL EXAM ALL QUESTIONS AND CORRECT DETAILED ANSWERS
associate broker.
the employing
broker's name. all
of the above.
A West Virginia license to act employing broker's name.
as a
salesperson or associate
broker shows on the
certificate the:
---
employing brokers
name. corporate
name.
business address where
employed.
home address of the licensee.
Which individual is NOT Business broker who negotiates leases of business property only
exempt from licensure
under West Virginia law?
---
Individual owner selling his
or her own property.
Mortgage broker dealing in
residential home loans.
Individual conveying the
property of
… 3/61
, 8/8/25, 9:20 AM WV Real Estate FINAL EXAM ACTUAL EXAM ALL QUESTIONS AND CORRECT DETAILED ANSWERS
another under the authority
of a deed of trust or a will.
Business broker who
negotiates leases of
business property only
Which statement is The sign requirement does not apply to a place of business
FALSE regarding located in a home.
brokerage signs?
---
The broker must maintain a
sign at the entrance to
each branch office.
The sign requirement does
not apply to a place of
business located in a
home.
The word "Broker" must be on
the sign.
The sign must include the
brokers trade name, if
applicable.
… 4/61
