In West Virginia, a salesperson leaves one broker and wants to work under a different broker. Which statement is correct?
Correct Answer
B) The salesperson must apply for the change, and may not perform licensed acts after termination until the change is approved
After affiliation termination, an associate broker or salesperson may not perform licensed acts until the Commission approves the broker change. 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
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Related Concepts
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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