Olivia is a licensed Virginia salesperson who has held her active license for 38 months. She has completed her 30-hour post-license education requirement. She is now preparing for her first license renewal. In addition to the post-license education she already completed, what continuing education must Olivia complete to renew her license for the first time under current VREB regulations?
Correct Answer
C) Olivia has no additional education requirement for her first renewal because post-license education satisfies the CE requirement
Under 18 VAC 135-20-170, the 30-hour post-license education completed during the first license term satisfies the continuing education requirement for the first renewal. In other words, a salesperson who completes the post-license education does not need to separately complete the 16-hour CE requirement for their first renewal — the post-license education substitutes for it. Beginning with the second renewal, the standard 16-hour CE requirement applies. This is a frequently misunderstood Virginia-specific rule.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.
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.
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