Which West Virginia rule applies when the Commission determines that discipline is appropriate after a violation?
Correct Answer
D) The Commission may impose sanctions including fines, probation, suspension, revocation, restitution, additional education, reprimand, or return of compensation
West Virginia law gives the Commission a broad list of disciplinary sanctions. Source basis: W. Va. Code §30-40-6 and §30-40-7, West Virginia Legislature current code, checked 2026-04-30
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
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.
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