Virginia Real Estate Salesperson Exam — All Questions
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2 questions
Virginia License Law
Real estate licensees in Virginia are regulated by the Virginia Real Estate Board, which operates under which state department?
- a.The Virginia Department of Housing
- b.The Department of Professional and Occupational Regulation (DPOR)✓
- c.The Federal Housing Finance Agency
- d.The Virginia Department of Taxation
The Virginia Real Estate Board is one of the regulatory boards within the Department of Professional and Occupational Regulation (DPOR). The Board licenses salespersons and brokers and enforces Virginia real estate law and regulations.
Virginia License Law
In Virginia, a real estate salesperson must conduct licensed activity:
- a.Independently, without any broker
- b.Under a temporary permit only
- c.For any broker who pays the most
- d.Under the supervision of a licensed broker with whom the salesperson is affiliated✓
A Virginia salesperson must be affiliated with and supervised by a principal or supervising broker. The broker is responsible for the salesperson's activity and for handling escrow funds and records; a salesperson may not operate independently.