West Virginia Real Estate Broker Exam — All Questions

The agency that issues and regulates real estate broker and salesperson licenses in West Virginia is the:

• a.West Virginia Division of Highways
• b.West Virginia Real Estate Commission✓
• c.West Virginia Public Service Commission
• d.West Virginia Association of Realtors

The West Virginia Real Estate Commission licenses and regulates brokers and salespersons. It sets standards, investigates complaints, and may deny, suspend, or revoke licenses and impose penalties. A trade association is a private membership organization with no licensing authority.

Which of the following is within the general powers and duties of the West Virginia Real Estate Commission?

• a.Awarding money damages to a wronged buyer in a civil lawsuit
• b.Setting statewide property tax rates
• c.Investigating complaints against licensees and imposing discipline for violations✓
• d.Approving individual purchase contracts before closing

The Commission's powers include licensing, rulemaking, investigating complaints, and disciplining licensees who violate the license law. It does not award civil damages, set property taxes, or approve individual contracts; those are functions of courts, taxing authorities, and the parties themselves.

If a West Virginia licensee violates the license law, the Real Estate Commission may:

• a.Suspend or revoke the license or impose other discipline after due process✓
• b.Sentence the licensee to jail directly
• c.Seize the licensee's personal residence
• d.Do nothing, because only the courts can act against licensees

The Commission may discipline a licensee, including suspension or revocation of the license and other sanctions, following its administrative process. Criminal penalties and civil damages are matters for the courts, but license discipline itself is the Commission's authority.