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Practice Of Real EstateLicense_lawHARD

Robert holds a salesperson license in another state and is applying for a Virginia salesperson license by reciprocity. The VREB grants him a Virginia license. Robert assumes that because he has practiced real estate for five years in another state, he is exempt from Virginia's post-license education requirement. Which of the following best describes the VREB's position on this?

Correct Answer

B) Robert must complete Virginia's 30-hour post-license education during his first Virginia license term, regardless of prior out-of-state experience

Virginia's post-license education requirement under 18 VAC 135-20-105 applies to all newly licensed Virginia salespersons during their first Virginia license term, including those who obtained their license by reciprocity. Out-of-state experience, regardless of its length, does not substitute for Virginia's specific post-license education requirement. Robert must complete the full 30 hours during his first Virginia license term.

Answer Options
A
Robert is exempt because his five years of out-of-state experience substitutes for the post-license requirement
B
Robert must complete Virginia's 30-hour post-license education during his first Virginia license term, regardless of prior out-of-state experience
C
Robert must complete only 15 hours of post-license education because his out-of-state experience satisfies half the requirement
D
Robert is exempt if his home state requires post-license education equivalent to Virginia's 30-hour standard

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Related Topics & Key Terms

Key Terms:

post_license_educationreciprocityout_of_state_experiencefirst_license_term

Related Concepts

License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.

Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.

Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.

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