Virginia Real Estate License Exam | 60 Questions with 100% Correct Answers | Verified | Latest Update 2024

A nonresident who obtains a license as an active salesperson in VA is required to do which of the following? - 4. Activate with a VA licensed broker. The purpose of the VA real estate license law and Board related rules and regulations is to... - Protect the public interest Two brokers are involved in a dispute over a commission split. Which of the following could become involved in the settlement dispute? - A court having jurisdiction over the brokers. If the Board receives a written complaint regarding the actions of a regulant, what is the first thing the Board will do? - Review the complaint for possible violation Which of the following is true regarding a branch office of a VA real estate firm? - The office must have a separate license. An unlicensed investor plans to open a real estate brokerage business. The business will be operated as a sole proprietorship. Which of the following is true? - The investor must hire a broker to manage the business. The objective of the Virginia Fair Housing Law is to... - Protect and ensure the welfare of the general public