In West Virginia, WVREC receives regular license fees and administrative fines. Which statement is correct?
Correct Answer
D) Regular fees go to the real estate license fund, while administrative fines are deposited into the General Revenue Fund
The License Act distinguishes the real estate license fund from administrative fines deposited into General Revenue. Source basis: W. Va. Code §30-40-6 and §30-40-7, West Virginia Legislature current code, checked 2026-04-30
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