A West Virginia salesperson is asked about a complaint is filed years after the alleged conduct. What is the best answer?
Correct Answer
C) Disciplinary complaints generally must be brought within two years, with fraud, deceit, or misrepresentation measured from discovery or reasonable discovery
WV complaint timing generally uses a two-year limit, with discovery treatment for fraud, deceit, or misrepresentation. Source basis: W. Va. Code §30-40-19 through §30-40-21, West Virginia Legislature current code, checked 2026-04-30
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Related Topics & Key Terms
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Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.
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