Virginia Real Estate National Exam Questions & Answers 100% Correct

Virginia Real Estate National Exam Questions & Answers 100% Correct Virginia Real Estate National Exam Questions & Answers 100% Correct Virginia Real Estate National Exam Questions & Answers 100% Correct (virginia time share act) For an initial purchaser, there is a _________day right of rescission. Meanwhile, a buyer has a 5-day right of rescission in a time share resale. - ANSWER-7 If VA license applicant has had a license suspended or revoked in any jurisdiction because of association with disciplinary action - ANSWER-A very detailed explanation of the event/circumstances must be included with his license application If there was a prior misdemeanor involving moral turpitude, sexual offense, drug distribution, physical injury or any felony, the license applicant must submit: - ANSWER-An FBI record, State Police Criminal Record, Relevant certified copies of all court records, a written explanation of his part in the offense, including the current status and final resolution of the offense. A licensee must present all written offers and counteroffers _____________, even after the property has been placed under contract - ANSWER-In a timely manner In order to receive a VA license, VA non-residents who are not licensed in another jurisdiction must meet the same requirements as the residents of VA. They must also. - ANSWER-File an irrevocable consent to suits and services, agree to allow the director of the DPOR to accept service of any legal process on the licensee's behalf. It was determined that noncompliance of Pam, the broker, was intentional & the result of gross negligence. Does she still have 30 days after discovery? - ANSWER-No, the 30 day provisions do not apply if the noncompliance by the broker was intentional or a