Sandra is a licensed real estate salesperson in North Carolina who has recently moved to Virginia. She would like to obtain a Virginia real estate license without retaking the full pre-license education. Which process is available to Sandra under Virginia law?
Correct Answer
A) Sandra may apply for a Virginia license by reciprocity if North Carolina has a reciprocal agreement with Virginia
Virginia has reciprocal licensing agreements with several states. Under Va. Code § 54.1-2015 and VREB regulations, a licensee from a state with a reciprocal agreement may obtain a Virginia license by passing only the state portion of the Virginia exam (or under full reciprocity, with reduced requirements) without completing Virginia's full pre-license education. North Carolina is among the states with which Virginia has a reciprocal arrangement.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
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