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Carlos is a licensed salesperson in Virginia who has just completed his first two-year license term. He has not yet completed his post-license education requirement. What will happen to his license at the time of his first renewal if the post-license education is not completed?

Correct Answer

D) His license will not be renewed until the 30-hour post-license education requirement is fulfilled

Virginia requires salespersons to complete 30 hours of post-license education during their first license term as a condition of first renewal. Under 18 VAC 135-20-170, if the post-license education is not completed, VREB will not renew the license. The licensee must fulfill this requirement before the license can be renewed. This is distinct from the continuing education requirement that applies to subsequent renewals.

Answer Options
A
His license will automatically convert to inactive status and he may renew it within 30 days with a late fee
B
His license will not be renewed, and he must retake the state licensing exam before reapplying
C
His license will be suspended for 90 days, after which he may complete the education and reinstate
D
His license will not be renewed until the 30-hour post-license education requirement is fulfilled

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Related Topics & Key Terms

Key Terms:

post_license_educationlicense_renewalsalesperson_licensevirginia_specific

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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