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Practice Of Real EstateLicense_lawEASY

Marcus recently passed his Virginia real estate salesperson exam and received his license. He wants to begin practicing real estate immediately. Under Virginia law, which of the following must occur before Marcus can lawfully engage in real estate transactions on behalf of clients?

Correct Answer

B) Marcus must affiliate his license with a licensed Virginia broker and have the broker activate his license

Under Virginia law, a newly licensed salesperson cannot practice real estate until the license is affiliated with and activated by a licensed Virginia broker. The broker is responsible for activating the salesperson's license with VREB. Until this occurs, the license is inactive and Marcus cannot legally represent clients in transactions.

Answer Options
A
Marcus must complete 30 hours of post-license education within 60 days of licensure
B
Marcus must affiliate his license with a licensed Virginia broker and have the broker activate his license
C
Marcus must register with the Virginia Association of Realtors and pay the annual membership fee
D
Marcus must obtain errors and omissions insurance independently before practicing

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Related Topics & Key Terms

Key Terms:

salesperson_licenselicense_activationbroker_affiliationpost_license_education

Related Concepts

Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.

The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.

Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.

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