Virginia License Law
The Virginia Real Estate Board may discipline a licensee for which of the following?
ARepresenting a buyer without a written buyer-broker agreement
BConducting an open house without the seller present
CMisrepresenting material facts about a property✓ Correct
DCharging less than the standard commission rate
Explanation
VREB may discipline licensees for misrepresentation, fraud, improper dealing, and other violations of the license law and board regulations. Misrepresenting material facts is a serious violation.
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