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Practice Of Real EstateLicense_lawHARD

Angela is a licensed real estate broker in Virginia who previously held a salesperson license for three years before upgrading. A newly licensed salesperson, Chris, joins her firm and asks whether he needs to complete post-license education since his supervising broker, Angela, already went through the same process years ago. Angela should correctly advise Chris that:

Correct Answer

A) Chris must complete the 30-hour post-license education during his own first salesperson license term, regardless of his broker's prior completion

Under 18 VAC 135-20-105, the 30-hour post-license education requirement is an individual obligation for each newly licensed salesperson. It must be completed by the individual licensee during their own first license term. The broker's prior completion of the requirement, broker supervision, or on-the-job training cannot substitute for this personal education obligation.

Answer Options
A
Chris must complete the 30-hour post-license education during his own first salesperson license term, regardless of his broker's prior completion
B
Chris is exempt from post-license education because he is supervised by a broker who has already completed the requirement
C
Chris may substitute Angela's broker supervision hours for his post-license education requirement
D
Chris's post-license requirement will be satisfied when Angela certifies his on-the-job training to the VREB

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Related Topics & Key Terms

Key Terms:

post_license_educationbroker_supervisionsalespersonindividual_requirement

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.

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