Maria obtained her Virginia salesperson license on March 1, 2024. Her first license term will expire on March 31, 2026. By what deadline must Maria complete her post-license education requirement?
Correct Answer
A) March 31, 2026, by the expiration of her first license term
Virginia requires new salespersons to complete the 30-hour post-license education requirement before the expiration of their first license term. Maria's first license term expires March 31, 2026, so she must complete the 30 hours by that date under 18 VAC 135-20-105.
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Related Topics & Key Terms
Key Terms:
Related Concepts
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.
Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.
Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
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