Virginia License Law
Under Virginia license law, a salesperson who leaves their employing broker must:
AContinue operating independently for up to 30 days
BReturn their license to VREB and cease real estate activity until affiliated with a new broker✓ Correct
CTransfer their license automatically to a new broker
DApply for a temporary broker license
Explanation
When a salesperson's affiliation with a broker ends, the license is returned to VREB and the salesperson may not perform licensed activities until affiliated with a new principal broker.
Related Virginia Virginia License Law Questions
- A Virginia salesperson who processes the paperwork for a real estate transaction, prepares offers, and negotiates on behalf of clients while their broker is on vacation is:
- A Virginia real estate licensee who engages in property management must ensure their principal broker maintains:
- Virginia real estate licenses must be renewed every:
- A Virginia broker who fails to maintain required trust account records may face which VREB sanction?
- Under Virginia Code Title 54.1 Chapter 21, which of the following activities requires a real estate license?
- How many hours of pre-license education are required for a Virginia real estate salesperson applicant?
- Which of the following is exempt from Virginia real estate licensing requirements?
- A Virginia licensee may pay a referral fee to:
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