GUIDE 2026/2027 COMPLETE QUESTIONS
WITH VERIFIED CORRECT ANSWERS ||
ALREADY GRADED A+
What's is skin? - ANSWER✔Organ
What's the different name for stratum corneum? - ANSWER✔horny layer
Where elastin and collagen located? - ANSWER✔Dermis loyer
Inactive Status Limited Period - ANSWER✔Licensees with inactive licenses must
reapply for active status within three years or they must repeat pre-license
education and exam.
License by Reciprocity - ANSWER✔Intended for those already licensed in
another state. The board may waive their pre-education requirements and the
national portion of the exam.
Concurrent Broker License - ANSWER✔License for brokers looking to be active
in multiple firms.
Reporting Changes - Change in Status - ANSWER✔10 Days - Termination of
Salesperson or Associate Broker. Voluntary Inactivation.
,Reporting Changes - Change in Personal Info - ANSWER✔30 Days - Name or
Address
Reporting Changes - Termination of Principal Broker - ANSWER✔3 Days
Renewing Licenses - ANSWER✔Licenses must be renewed every two years.
There is a 30 day grace period.
Service Referral Fees - ANSWER✔All active licensees (salesperson or broker)
may accept referral fees for services required by a sales contract (inspection,
survey), as long as that service is acknowledged in writing by the person who pays
for the service.
Board Request - Financial Information - ANSWER✔Principal Broker must submit
records to the board within 10 days of request.
Escrow Accounts - Conversion - ANSWER✔Appropriation (stealing) of escrow
money or property.
Escrow Accounts - Reporting Violations - ANSWER✔Escrow violations must be
reported within 3 business days.
Board Request - Questions or Records - ANSWER✔Within 21 Days
Client Referral Fees - ANSWER✔Only Brokers (not salespersons) may pay
referral fees and split commissions with other brokers or firms.
, Funding the TRF - ANSWER✔New licensees must pay $20 to the TRF. If the
balance falls under $400,000, all licensees must pay $20 over 2 years.
TRF - Single Transactions - ANSWER✔Maximum payment for a single party in a
single transaction is $20,000. The maximum payment for multiples in a single
transaction is $50,000.
TRF - Multiple Transaction - ANSWER✔Single in multiple transactions is
$20,000. Multiple parties in multiple transactions is $100,000.
Continued Education Brokers - ANSWER✔24 Credit-Hours
Items Requiring Deposits - ANSWER✔Earnest money and down payments must
be deposited by the 5th day.
Virginia Agency Termination - ANSWER✔Unless agreed upon, the agency
relationship will terminate in 90 days.
Licensee - ANSWER✔any person, partnership, association, limited liability
company, or corporation holding a license issued by the Board for Barbers and
Cosmetology as defined in § 54.1-700 of the Code of Virginia.
Limited Term Tattooer - ANSWER✔Tattooer licensed to perform tattooing for a
maximum of five consecutive days in an organized event or in a Virginia licensed
tattoo parlor.
Limited Term Tattoo Parlor - ANSWER✔A tattoo parlor temporary location
licensed to operate for a maximum of five consecutive days.