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CE Shop Exam Questions and Answers 100% Solved | Graded A+

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CE Shop Exam Questions and Answers 100% Solved | Graded A+ Which regulation defines the duties and responsibilities of real estate professionals? - Code of Virginia Title 54.1 Chapter 21 What is defined in VAC Title 18, Agency 135, Chapter 20? - The Virginia Real Estate Board's licensing regulations What is the VREB authorized to do? - et requirements and standards of conduct for real estate licensees as well as enforce Virginia's real estate laws How do you become a member of the Virginia Real Estate Board? - Get appointed by the governor Broker - holds a license and is any person, partnership, association, or corporation who, for another, and for compensation of any kind, negotiates any form of real estate transaction Amanda helps her neighbor sell his home by assisting with negotiations. She receives no compensation for her assistance. Based on this one transaction, Amanda ______. - Doesn't need a real estate license

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Uploaded on
January 1, 2025
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CE Shop Exam Questions and Answers

100% Solved | Graded A+


Which regulation defines the duties and responsibilities of real estate

professionals? - ✔✔Code of Virginia Title 54.1 Chapter 21

What is defined in VAC Title 18, Agency 135, Chapter 20? - ✔✔The

Virginia Real Estate Board's licensing regulations

What is the VREB authorized to do? - ✔✔et requirements and standards of

conduct for real estate licensees as well as enforce Virginia's real estate

laws

How do you become a member of the Virginia Real Estate Board? - ✔✔Get

appointed by the governor

Broker - ✔✔holds a license and is any person, partnership, association, or

corporation who, for another, and for compensation of any kind, negotiates

any form of real estate transaction

Amanda helps her neighbor sell his home by assisting with negotiations.

She receives no compensation for her assistance. Based on this one

transaction, Amanda ______. - ✔✔Doesn't need a real estate license

1
©NINJANERD 2024/2025. YEAR PUBLISHED 2024.

, Sarah and Jim both have their broker's licenses and want to start a

business together. What do they need in order to get started? - ✔✔A

separate firm license

Which of the following can hold a broker's license? - ✔✔A person or an

entity

Tom is an unlicensed individual helping his sister, Katie, find a new house,

in return for a trip to Europe. Which of the following activities can Tom

legally perform? - ✔✔He can search real estate sites and resources to find

available homes in the area.

Jerry has completed 170 hours of online education and he has two years'

experience as a real estate salesperson. He's wondering about the

possibility of getting another license. What should you tell him? - ✔✔"You

could apply to be a broker after one more year of experience and 10 more

education hours."

Denise is ready to apply for her salesperson's license. Which of the

following facts, if any, could disqualify her? - ✔✔She's 17.

A person performing real estate activities under the judgment or order of a

court, such as a trustee in a bankruptcy, is ______. - ✔✔An exception to

the real estate licensing requirement


2
©NINJANERD 2024/2025. YEAR PUBLISHED 2024.

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