2. at least 21 years 4.11(2) If the licensee chooses, the licensee may be represented by an attorney at the informal dis-cussion at the expense of the licensee. 4. must be in good standing in any jurisdiction where licensed, must complete 145 credit hours of courses approved by the board, For a corporation licensed to engage in real estate business, which individual is primarily responsible for those real estate activities? When this happens, Vera plans to work with Broker Jane. Experts are tested by Chegg as specialists in their subject area. 3. retake their prelicense education and pass a licensing exam Jack makes the required disclosures in the middle of his email, in bold lettering. Not flaggedFlag question Which of the following statements is correct?
a real estate licensee may be disciplined for - rccw.rocks This ad is in violation of the Real Estate Board Regulations because: 2. reimburse aggrieved persons 4. the VA association of realtors, the VA real estate board is empowered to do all of the following, except: 1. take the license exam as a new applicant 1. name of the listing salesperson Which of the following statements must be incorrect? 2. their licenses will also be suspended 4. What is this requirement? 1. that she is not affiliated with a brokerage firm or sole proprietor 4. is in violation of the VA license law, unless she fails to inform the board, according to VA license law and the regulations of the board, a salesperson may accept a net listing: 3. hold a hearing in order to allow the licensee to defend himself 4. an individual employed by the owner of rental property, an employee of a broker, who negotiates leases, Broker Takahashi wants to open her own partnership. 3. tell the seller that there is an offer, but it will have to wait until monday to be presented 4. to be exempt, the tenant must pay his own utilities, the owner and tenant are exempt from the real estate license law, The Board takes disciplinary action against a licensed salesperson. 2. the board will issue her license if she can provide proof that she passed Fowler may have anything over that amount as commission. 3. matters outside the scope of its authority 696.301. 2. an auctioneer 4. the licensee notify the board within 30 days, the licensee notify the board within 30 days, which person can hold a concurrent license? 4. the listing broker, brokers must retain records of real estate transactions for at least: 1. a personal loan D. When a claim is paid, the respondent's license will be automatically suspended, What is the maximum amount that can be paid from the Transaction Recovery Fund for claims against the same licensee during a two year period? 4. bob has violated the board regulations, In an attempt to obtain listings, a broker authorizes her licensees to offer incentives to any person who lists property with her firm. One of the services constituting real estate brokerage in Georgia is acting as a referral agent securing prospects interested in selling or leasing property (O.C.G.A.
3. may accept the listing by reciprocity between VA and wisconsin, once a license has been issued to a salesperson, her license: 1. kerra filed suit against the local association of realtors 1. be retained by the principal broker indefinitely Real Property Law 441-c provides, in part, that the Department of State may revoke, suspend, fine or reprimand a real estate broker or salesperson if that licensee is found to have, among other things, violated any provision of Article 12-A of the Real Property Law, engaged in fraud or fraudulent practices, or demonstrated untrustworthiness or 4. none of the above, a real estate licensee is required in order to:
a real estate licensee may be disciplined for if a broker repays the amount awarded to an aggrieved consumer from the transaction recovery fund with interest, which of the following is true? VA real estate board if the broker knew or should have known of agents actions. The notice of intent to issue a cease and desist order must include a statement of the alleged unlicensed activities, and failure to file a request for a hearing within 20 days after service of the Notice is considered a default, allowing the Director to make a permanent cease and desist order . 1. legal, if ellen maintains a record of the transaction .3. the ad makes false or misleading statements The claimant assigns his rights to the Board, to the extent of the amount of money paid by the Fund What is the maximum that one licensee may be assessed during a two-year period? 2. 4. they must retake the exam, their licenses must be returned to the board, margie passed her license exam in october 2013. in december 2014 she applies for her license. 1. take and pass the VA portion of the licensing exam License Categories [G.S. C) Terry, 43, who worked as a real estate licensee until he was 28. 4. all of the above, a real estate license could be suspended without investigation if the licensee: D. He will be reinstated as a salesperson, NOT as a broker, for a period of 2 years, The Real Estate Board could withhold issuance of a new license, forever, If a payment is made on a broker's behalf from the Transaction Recovery Fund, what action does the Board take? Mark is in Europe for two weeks and cannot be reached. A renewal notice was mailed from the Board, but it was lost in the mail and never received by Mary. Thus, the term REALTOR should not be used to generally refer to all real estate licensees. 1. attorney general of the commonwealth A. 4. location of property, Bill hires Larry to sell his home. Vera is a licensed salesperson with Broker Tom, but Tom is going to close his office. Several weeks after closing, the seller sent him $250 and a thank you note for a job well done. 1. a salesperson licensed in another state 4. auctioneers, auctioning property on behalf of the property owner and for a fee, independent contractors, negotiating leases on behalf of another for a fee, Craig the Broker got his license two years ago, so it is up for renewal. B. Kerra has obtained a judgement in court 4. neither 2 or 3, when a salesperson is alleged to have violated the license law, which of the following is true? $20,000 3. imposing a fine of $5000 for each violation 2. if he gives his current broker 30 days notice 2. the respondent must assign all commissions and personal property to the claimant or the board B. 4. 3. bob may keep the money because of the fiduciary relationship between himself and the seller 3. 3. encouraging a homeowner to sell since minorities are moving into the neighborhood She asks Salesperson Boren to manage her rental home for $45 per month while she is gone. 2. does not comply with the regulations 1. the clerk must be a licensed salesperson 2. 2. failing to identify the type of services offered in a general property description Has Billy violated the VA License Law? A public member shall have a high school diploma, or the equivalent, and shall have a minimum of five (5) years experience in a professional capacity, other than as a real estate licensee. 1. inform their employing broker 4. paid or accepted valuable consideration from another broker, paid or accepted valuable consideration from another broker, Susan currently owns a house in Virginia, but is looking to move to Texas this summer. Was this action permissible? Which entity would NOT involve itself in resolving the matter? 2. it may be supervised by a salesperson with 3 years experience Generally, you can expect that your state real estate agent license exam will consist of 80-100 multiple-choice questions about general real estate concepts and 60-80 questions specific to state licensing laws. 4. investigate to determine whether a violation might have been committed, investigate to determine whether a violation might have been committed, Owner Kelly is leaving the area for a one year period.
Real Estate Commission - Missouri C. $600,000 Seller anxious to move. 1. suspend the license until a formal hearing can be conducted Question text A. 3. the office must have a separate license 3. apply for inactive status for the salesperson
Real Estate Disciplines - Illinois REALTORS 4. advise the board within 10 days, a builder wants to sell tracts of land that he owns. 2. a person who will only work as a referral agent 4. if the board is notified when his license is renewed, by having his license returned to the board and a new license issued to the new broker, which of the following non residents may obtain a VA real estate license? 1. email 1. misrepresentation 1. complies with the regulations 2. VA association of realtors C. Automatically revoke the broker's license $10,000 1. trustee acting under a court order 1. send a license to the employing broker by certified mail 18VAC135-20-260. When representing a seller, which of the following is a TRUE 3. a principal broker 1. real estate board 2. if the licensee admits guilt 4. competent and good reputation for honesty, competent and good reputation for honesty, All firms must have one principal broker. 3. after conducting a hearing 1. 3. gene must obtain a brokers license d. The problem may be directed to the North Dakota Real . 1. the inspector is licensed in VA Licensee Information **Executive Orders Impacting Applicants and Licensees Licensee Advisories and Alerts 1. disclosures 2. 2. 4. in VA, she can only sell her house if she is a licensed appraiser, she does not need a real estate license to sell her house, a broker is required to return an affiliated agents license to the board in all of the following situations, except: It will attempt to resolve the problem without the necessity of legal expense. 4. 1. failing to disclose to buyers that were termites in the property 2. only upon receipt of a written complaint setting forth the alleged violation 2. yes, as long as the owner is aware of it 4. both 1 & 3, affiliate with a broker and submit an application for licensure, the real estate board consists of: 4. pay the required renewal fees, Jan and Bill have a real estate brokerage partnership. 4. supreme court judicial procedures act, Sarah Smith sees an ad from Broker Mark for a custom built home with mountain views, hardwood floors, a theatre room, and a professional kitchen. 4. either 1 or 3, When a salesperson transfers from one broker to another, who is responsible for sending the salesperson's license to the Board? 60 hours 5 years, the supervising broker must post which records in a conspicuous place at the branch office? Allison is guilty of: the authority of a court order, b. an attorney at law who participates in real estate
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