Virginia License Law
A Virginia broker who fails to maintain adequate supervision of their affiliated salespersons may be disciplined by VREB for:
AA minor paperwork error
BFailure to exercise reasonable and adequate supervision of licensees affiliated with their brokerage✓ Correct
COnly criminal acts by salespersons
DOnly financial misconduct
Explanation
Virginia Code and VREB regulations hold principal brokers responsible for exercising reasonable and adequate supervision over their affiliated licensees. Inadequate supervision is a disciplinable offense.
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