Virginia License Law
A Virginia real estate licensee is prohibited from:
APurchasing property for their own account
BPracticing real estate in two states simultaneously
CPaying a fee to an unlicensed person for referring a real estate client✓ Correct
DListing property in neighborhoods where they do not reside
Explanation
Virginia law prohibits paying compensation for real estate services to unlicensed persons. An agent who pays a referral fee to an unlicensed person is in violation of license law.
Related Virginia Virginia License Law Questions
- A Virginia broker may charge a seller a 'marketing fee' separate from commission only if:
- How many hours of continuing education must a Virginia real estate licensee complete per renewal period?
- Under Virginia law, an inactive real estate license means the licensee:
- The Virginia Real Estate Transaction Recovery Fund is funded by:
- Under Virginia law, how long does a new salesperson have to complete post-license education after obtaining their first license?
- Which of the following is exempt from Virginia real estate licensing requirements?
- How many hours of continuing education must a Virginia salesperson complete for each license renewal?
- A Virginia real estate school that provides pre-license education must be:
Practice More Virginia Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Virginia Quiz →