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Practice Of Real EstateLicense_lawMEDIUM

Kevin obtained his Virginia salesperson license and completed his 30-hour post-license education within the first year of his license term. He is now approaching his second license renewal. Which of the following correctly describes Kevin's education obligation for his second renewal?

Correct Answer

B) Kevin must complete 16 hours of continuing education before his second renewal

For the second and all subsequent license renewals, Virginia salespersons must complete 16 hours of continuing education (CE) per renewal period, as required under 18 VAC 135-20-180. The 30-hour post-license education was a one-time requirement for the first license term and does not apply to subsequent renewals.

Answer Options
A
Kevin must complete another 30 hours of post-license education for the second renewal
B
Kevin must complete 16 hours of continuing education before his second renewal
C
Kevin has no education requirement for the second renewal since he completed post-license education early
D
Kevin must complete 30 hours of post-license education plus 16 hours of CE for the second renewal

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Related Topics & Key Terms

Key Terms:

post_license_educationcontinuing_educationlicense_renewalsalesperson

Related Concepts

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.

Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.

Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.

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