Wv real estate license Study guides, Class notes & Summaries

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 ...

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...

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 exam, they can break away and form their own busin...

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 many days? - Ten (10) Earnest money put aside with the broker and ent...

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 exam, they can break away and form their own busin...

WV Real Estate Exam Prep (WV Specific Portion) Questions and Answers 100% Pass 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 requi...

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...

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 hav...

West Virginia Real Estate Specific Exam Questions and Answers Already Passed 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. Brok...

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 bee...