Wv real estate license Study guides, Class notes & Summaries
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WV Real Estate Law Review Latest Update Graded A+
- Exam (elaborations) • 8 pages • 2024
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WV Real Estate Law Review Latest 
 
Update Graded A+ 
 
Activities That Require a License anyone engaging in, carrying on, advertising, and acting in 
the capacity of a broker, associate broker or real estate salesperson 
 
Exceptions to Having A License Appraiser, Mortgage Company, Engineer, Lawyer, 
Contractor, Surveyor, and Home Inspector; they aren't procuring buyers and sellers but acting 
within their specialized fields of study; also includes Owners, Lessors, Property Managers; 
Power of...
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West Virginia Real Estate Specific Exam Questions and Answers 2024
- Exam (elaborations) • 13 pages • 2024
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Broker is ordering the sign for her new firm. Which is NOT a sign requirement? - Letters at least 2 inches in height 
 
The Reason: Every sign shall prominently display the name of the broker, the term "Broker" and the company name, if any, all in letters not less than 1 inch in height. If the broker so desires, the names of the salespersons or associate brokers may be placed below the name of the broker. 
 
Broker Bob can pay his friend a referral for helping him obtain a listing if the frien...
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Real estate Rhode Island Law Exam Study Guide with Complete Solutions
- Exam (elaborations) • 42 pages • 2024
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Real estate Rhode Island Law Exam 
Study Guide with Complete Solutions 
Real estate Rhode Island Law Exam 
Study Guide with Complete Solutions 
Real estate recovery act - ️️ Dept of business regulation establishes this account 
Covers anyone aggrieved by an act, misrepresentation, transaction or conduct of a 
licensed real estate broker upon the grounds of fraud, misrepresentation or deceit may 
recover no more than 50000 per one license 
Can't be used to reimburse any broker or salesperson...
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WV Real Estate FINAL EXAM
- Exam (elaborations) • 41 pages • 2023
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The purpose of the West Virginia License Act is to 
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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. - Answer- 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 salespersons desk on the sales floor at Acme Realty. Jims...
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WV Real Estate Bundled Exams Questions and Answers Latest Versions (2024/2025) (Complete and Accurate)
- Package deal • 11 items • 2024
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WV Real Estate Bundled Exams Questions and Answers Latest Versions (2024/2025) (Complete and Accurate)
Make study stress less painful
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Massachusetts Real Estate Salesperson License Correct 100%
- Exam (elaborations) • 63 pages • 2023
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RE Salesperson License requirements? - Answer 18 years old, 40 hour class, pass the exam, must affiliate with a broker to practice and may not accept direct client payments 
 
Broker's License requirements? - Answer 3 years salesperson experience, 40 hour class, pass the exam, $5,000 bond and pay a fee. 
 
What is MLS? - Answer Multiple Listing Service. It's a marketing tool used by Salespeople to show their listings. 
 
Difference between RE Salesperson and RE Broker? - Answer Salesperson wor...
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West Virginia WV Real Estate Exam Practice Questions and Answers 2023
- Exam (elaborations) • 47 pages • 2023
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West Virginia WV Real Estate Exam Practice 
Questions and Answers 
1. All members of the West Virginia Real Estate Commission 
must have been residents of the state for at least the 
previous .: 6 years 
2. What are the requirements necessary for a West Virginia 
salesperson li- censee 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 ...
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