HOSMERIT
WEST VIRGINIA REAL ESTATE EXAM PREP 100%
VERIFIED SOLUTION
All members of the West Virginia Real Estate Commission must have been residents ofthe state
for at least the previous . - ANS; 6 years
What are the requirements necessary for a West Virginia salesperson licensee to obtain a broker
license - ANS; - Served an apprenticeship as a licensed salespersonfor two years and experience
the equivalent of a full-time license sales agent.
- Completed the broker required education.. (90 hours)
-The overall requirement is 180 hours which would have been obtained because the prelicense
education requirement for a salesperson license in WV is a 90 hour course.
- Pass the WV required state exam for a broker.
When the an applicant is applying for a West Virginia real estate license the applicant needs the
recommendation of two persons who are property owners in West Virginia. Which these is NOT
a requirement? - ANS; The individual needs to be a West Virginiaproperty owner for 2 years
preceding the signing the application.
The recommendation of at least two persons who have been property owners for atleast twelve
months preceding the signing of the application
Salesperson John has been one of Smith and Associates' top agents for over 50 years.John does
not have to take the required 7 hours of continuing education every year as required by all other
Smith and Associates agents because John (ID:212069) - ANS; was holding a WV real estate
license on July 1, 1969 and continuously thereafter.
Any licensee holding a license on the first day of July, one thousand nine hundred sixty-nine, and
continuously thereafter, shall exempt from the continuing professional education requirement.
Betty was so happy that she passed the West Virginia real estate exam and finally obtained her
West Virginia real estate salesperson license so she could - ANS; see her license displayed on her
broker's license display panel.
The appointment of three licensed commissioners, need to be made by - ANS; theGovernor.
, A member of the commission may be removed from office due to - ANS; No memberof the
commission may be removed from office by the governor except for official misconduct,
incompetency, neglect of duty, gross immorality or other good cause, but then only in the manner
prescribed by law for the removal by the governor of state elective officials
When a licensee in an inactive status makes application to revert to an active status, heor she
MUST - ANS; furnish satisfactory evidence to the commission.
When a licensee in an inactive status makes application to revert to an active status, heor she
must furnish satisfactory evidence to the commission that he or she has completed the approved
continuing professional education that would have been required for active status at the time the
license was renewed.
The Commission may perform compliance audits on all of the following EXCEPT -ANS;
mortgage brokers when dealing with real estate broker's clients.
It is the commissions duties to meet how many times each calendar year? - ANS; Onetime
Shall meet at least once each calendar year at such place and time as the commission shall
designate and at such other times and places as it considers necessary to conductcommission
business;
Broker Phyllis Garten is preparing to open her real estate office, West Virginia Realty,and is
placing the order for her new entrance sign. Which wording is NOT a sign requirement? - ANS;
1200 Commerce Street
The required entrance sign for a real estate office must include the broker's name, thetrade name,
if any, and the term "Broker" all in letters no less than one inch in height. The address is not a
requirement for the entrance sign.
174-1-13 Office Signs
Which is not a required when advertising of property or specific services: - ANS;Names & titles
of all employees
Do an applicant's criminal history records, as part of a background check, ever expire?
ANS; Yes, 3 months after the WV Real Estate Commission receives the application
What type of experience is required for a Salesperson to obtain a Broker's License? - ANS;
Written documentation verifying the licensee has had experience equivalent to atleast 2 years of
full time work experience in the real estate business
In order to satisfy the apprenticeship requirement, the applicant shall submit to the Commission
written documentation outlining the applicant's experience in the realestate business.
, When does the WV license year begin and end? - ANS; The year begins on July 1 and ends June
30 of each fiscal year.
The license year begins on July 1 and ends June 30 of each fiscal year. The Commission may
issue licenses on an annual or biannual basis. Fees are not prorated.
Who may act as a manager of a branch office? - ANS; Every broker who obtains a license for a
branch office must designate one associate broker or salesperson as manager of each branch
office. A broker may act as the manager of a branch office if the broker is capable of adequately
supervising all associate brokers and salespersonsassigned to that branch office. If the broker
chooses to appoint a manager of a branch office, the licensee must be an active licensee and have
at least two (2) years actual experience.
In the event a salesperson or associate broker wants to change employment to a new broker,
what documentation is required? - ANS; An application for change and a swornstatement by the
new responsible broker confirming the transfer
What data must be included on business cards and other promotional items? - ANS;The name of
the responsible broker and the term Broker
What is true when there is a change in the broker's business organization name ortrade name?
Each broker must notify the Commission of change: - ANS; in writing
What is required of any property advertisement made under the name of the associatebroker,
salesperson or team? - ANS; The advertising must include name of the responsible broker
Broker Phyllis Garten's trade name, West Virginia Realty - ANS; must be disclosed inher
application for licensure.
Individual brokers may use a trade name. The name must be disclosed in the application for
licensure, and will be placed on the broker's license certificate. A tradename cannot be used by
another broker in the same locality.
In regard to a broker's trust account - ANS; all parties must agree in writing to movefunds into
an interest-bearing account.
The West Virginia Real Estate Commission: - ANS; requires complaints be in writingon forms
supplied by the Commission.
In order for a Broker to revert to a salesperson, they may request inactivation by: -ANS; File
appropriate Commission application and pay proper fee
WEST VIRGINIA REAL ESTATE EXAM PREP 100%
VERIFIED SOLUTION
All members of the West Virginia Real Estate Commission must have been residents ofthe state
for at least the previous . - ANS; 6 years
What are the requirements necessary for a West Virginia salesperson licensee to obtain a broker
license - ANS; - Served an apprenticeship as a licensed salespersonfor two years and experience
the equivalent of a full-time license sales agent.
- Completed the broker required education.. (90 hours)
-The overall requirement is 180 hours which would have been obtained because the prelicense
education requirement for a salesperson license in WV is a 90 hour course.
- Pass the WV required state exam for a broker.
When the an applicant is applying for a West Virginia real estate license the applicant needs the
recommendation of two persons who are property owners in West Virginia. Which these is NOT
a requirement? - ANS; The individual needs to be a West Virginiaproperty owner for 2 years
preceding the signing the application.
The recommendation of at least two persons who have been property owners for atleast twelve
months preceding the signing of the application
Salesperson John has been one of Smith and Associates' top agents for over 50 years.John does
not have to take the required 7 hours of continuing education every year as required by all other
Smith and Associates agents because John (ID:212069) - ANS; was holding a WV real estate
license on July 1, 1969 and continuously thereafter.
Any licensee holding a license on the first day of July, one thousand nine hundred sixty-nine, and
continuously thereafter, shall exempt from the continuing professional education requirement.
Betty was so happy that she passed the West Virginia real estate exam and finally obtained her
West Virginia real estate salesperson license so she could - ANS; see her license displayed on her
broker's license display panel.
The appointment of three licensed commissioners, need to be made by - ANS; theGovernor.
, A member of the commission may be removed from office due to - ANS; No memberof the
commission may be removed from office by the governor except for official misconduct,
incompetency, neglect of duty, gross immorality or other good cause, but then only in the manner
prescribed by law for the removal by the governor of state elective officials
When a licensee in an inactive status makes application to revert to an active status, heor she
MUST - ANS; furnish satisfactory evidence to the commission.
When a licensee in an inactive status makes application to revert to an active status, heor she
must furnish satisfactory evidence to the commission that he or she has completed the approved
continuing professional education that would have been required for active status at the time the
license was renewed.
The Commission may perform compliance audits on all of the following EXCEPT -ANS;
mortgage brokers when dealing with real estate broker's clients.
It is the commissions duties to meet how many times each calendar year? - ANS; Onetime
Shall meet at least once each calendar year at such place and time as the commission shall
designate and at such other times and places as it considers necessary to conductcommission
business;
Broker Phyllis Garten is preparing to open her real estate office, West Virginia Realty,and is
placing the order for her new entrance sign. Which wording is NOT a sign requirement? - ANS;
1200 Commerce Street
The required entrance sign for a real estate office must include the broker's name, thetrade name,
if any, and the term "Broker" all in letters no less than one inch in height. The address is not a
requirement for the entrance sign.
174-1-13 Office Signs
Which is not a required when advertising of property or specific services: - ANS;Names & titles
of all employees
Do an applicant's criminal history records, as part of a background check, ever expire?
ANS; Yes, 3 months after the WV Real Estate Commission receives the application
What type of experience is required for a Salesperson to obtain a Broker's License? - ANS;
Written documentation verifying the licensee has had experience equivalent to atleast 2 years of
full time work experience in the real estate business
In order to satisfy the apprenticeship requirement, the applicant shall submit to the Commission
written documentation outlining the applicant's experience in the realestate business.
, When does the WV license year begin and end? - ANS; The year begins on July 1 and ends June
30 of each fiscal year.
The license year begins on July 1 and ends June 30 of each fiscal year. The Commission may
issue licenses on an annual or biannual basis. Fees are not prorated.
Who may act as a manager of a branch office? - ANS; Every broker who obtains a license for a
branch office must designate one associate broker or salesperson as manager of each branch
office. A broker may act as the manager of a branch office if the broker is capable of adequately
supervising all associate brokers and salespersonsassigned to that branch office. If the broker
chooses to appoint a manager of a branch office, the licensee must be an active licensee and have
at least two (2) years actual experience.
In the event a salesperson or associate broker wants to change employment to a new broker,
what documentation is required? - ANS; An application for change and a swornstatement by the
new responsible broker confirming the transfer
What data must be included on business cards and other promotional items? - ANS;The name of
the responsible broker and the term Broker
What is true when there is a change in the broker's business organization name ortrade name?
Each broker must notify the Commission of change: - ANS; in writing
What is required of any property advertisement made under the name of the associatebroker,
salesperson or team? - ANS; The advertising must include name of the responsible broker
Broker Phyllis Garten's trade name, West Virginia Realty - ANS; must be disclosed inher
application for licensure.
Individual brokers may use a trade name. The name must be disclosed in the application for
licensure, and will be placed on the broker's license certificate. A tradename cannot be used by
another broker in the same locality.
In regard to a broker's trust account - ANS; all parties must agree in writing to movefunds into
an interest-bearing account.
The West Virginia Real Estate Commission: - ANS; requires complaints be in writingon forms
supplied by the Commission.
In order for a Broker to revert to a salesperson, they may request inactivation by: -ANS; File
appropriate Commission application and pay proper fee
