A West Virginia salesperson is asked about a West Virginia broker maintains a main office. What is the best answer?
Correct Answer
D) The broker must have and maintain a definite place of business in West Virginia unless the nonresident-broker exception applies
A broker must maintain a definite place of business in West Virginia, subject to the nonresident-broker exception. Source basis: W. Va. Code §30-40-17, West Virginia Legislature current code, checked 2026-04-30
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.
Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.
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