Wv license - Study guides, Class notes & Summaries

WV CONTRACTORS LICENSE QUESTIONS AND ANSWERS

All members of the West Virginia Real Estate Commission must have been residents of the state for at least the previous___________. CORRECT ANSWER 6 years What are the requirements necessary for a West Virginia salesperson licensee to obtain a broker license CORRECT ANSWER - Served an apprenticeship as a licensed salesperson for two years and experience the equivalent of a full-time license sales agent. - Completed the broker required education.. (90 hours) -The overall requirement is...

WV REAL ESTATE FINAL EXAM QUESTIONS AND ANSWERS GRADED A+ The purpose of the West Virginia License Act is to --- limit competition in the real estate industry. protect the public in real estate transactions. regulate the limit for brokerage compensation. impose license fees to generate income. protect the public in real estate transactions. Jim acquires a West Virginia broker license. He wants to sell real estate without opening a business so he decides to remain at his...

Who comprises the WV BoP? - 7 total members: 5 licensed pharmacist for at least 3 years 2 citizen members unrelated to pharmacy Each member must be a resident of the state Who chairs the WV BoP? - Members are appointed by the Governor with the advice and consent of the Senate. How long do WV BoP members serve? - 5 year term. maximum of 2 consecutive terms. Must wait at least 1 year after 2 consecutive terms to be appointed again. How often does the WV BoP Convene? - At least 2...

The Insurance Commissioner may perform all the following duties except: A- Conduct hearings B- Adopt rules and regulations C- Pass insurance laws D- Suspend or Revoke Licenses - Answer- C- Pass Insurance Laws The WV Insurance Guaranty Association may do all the following EXCEPT A- lend money to an impaired insurer B- assume the businesses of insolvent insurers C- reinsure the policies of WV residents D- Invest the assets of troubled insurers - Answer- D- Invest the assets of trouble...

WV Real Estate License Law Red Book - - WV Code 30-40 & Title 174 Rated A+ Laws in WV Code 30-40 are to: Protect the public, for the common good The only people a broker can share the commission with. Another licensed broker or salespeople The number of brokers a salesperson can work for. One The first thing that should happen if a broker loses their license. Stop selling real estate If you move trust fund money from one bank to another you must notify the commission within how...

WV Real Estate License Law Latest Version Graded A+ 30-40-1 laws are created to protect the public for the common good 30-40-3 a license is required to be a real estate broker, associate broker or salesperson 30-40-4 definitions Applicant any person making application for a license Associate Broker a broker that works under the supervision of another licensed broker, must have 2 years of experience with adequate experience, must take another 90 hr course, must pass the state ...

All members of the West Virginia Real Estate Commission must have been residents of the state for at least the previous___________. - correct answer 6 years What are the requirements necessary for a West Virginia salesperson licensee to obtain a broker license - correct answer - Served an apprenticeship as a licensed salesperson for two years and experience the equivalent of a full-time license sales agent. - Completed the broker required education.. (90 hours) -The overall requirem...

All members of the West Virginia Real Estate Commission must have been residents of the state for at least the previous___________. 6 years What are the requirements necessary for a West Virginia salesperson licensee to obtain a broker license - Served an apprenticeship as a licensed salesperson for 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 b...

Can you refuse a state board of pharmacy inspection? - No; unlike the federal CSA in which the DEA must either have an administrative warrant or get the PIC or owners consent; the state board of pharmacy may inspect pharmacies without warrants regardless of consent Can they do an inspection anytime they want? - Has to be during reasonable business hours Whom is the Board of Pharmacy made up of? - 7 Members 5 PRACTICING pharmacists 2 public members that have no relationship to pharmac...