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Practice Of Real EstateLicense_lawHARD

Angela is a Virginia salesperson who failed to complete her 30-hour post-license education requirement before her first license renewal deadline. She continues to practice real estate after the deadline without renewing her license. Under Virginia law, which of the following best describes the consequences Angela faces?

Correct Answer

B) Angela is practicing with an expired license, which constitutes unlicensed activity and subjects her to disciplinary action by the VREB.

Under Va. Code § 54.1-2100 et seq. and 18 VAC 135-20-105, practicing real estate after a license has expired constitutes unlicensed activity in Virginia. Failure to complete the 30-hour post-license education requirement prevents renewal, and continuing to practice without a valid license subjects Angela to disciplinary action by the VREB, including potential fines and sanctions.

Answer Options
A
Angela may continue to practice for up to 60 days past the renewal deadline while she completes her post-license education.
B
Angela is practicing with an expired license, which constitutes unlicensed activity and subjects her to disciplinary action by the VREB.
C
Angela's license automatically converts to inactive status, allowing her to continue limited real estate activities.
D
Angela must pay a fine of $500 but may continue to practice until the VREB formally notifies her of the violation.

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Related Topics & Key Terms

Key Terms:

post_license_educationexpired_licenseunlicensed_activityvrebdisciplinary_action

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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