Agency
A West Virginia real estate broker's license is revoked. All salesperson licenses sponsored by that broker:
AAre automatically revoked as well
BAre placed on inactive status until the salespersons affiliate with new brokers✓ Correct
CRemain valid and are transferred to the nearest active broker
DAre suspended for 60 days pending WVREC review
Explanation
When a broker's license is revoked or terminated, the salesperson licenses sponsored by that broker are placed on inactive status. The salespersons must affiliate with a new licensed broker to return to active status.
Related West Virginia Agency Questions
- In West Virginia, when a single broker represents both the buyer and seller in the same transaction with both parties' written consent, this is called:
- A West Virginia agent receives an offer on a listed property that is below the listing price. The agent should:
- A West Virginia buyer's agent who negotiates exclusively in the buyer's best interest is fulfilling the duty of:
- Under a dual agency arrangement in West Virginia, the agent may NOT:
- Which of the following describes a transaction broker in West Virginia?
- A West Virginia agent who represents both the buyer and the seller in the same transaction without informed written consent of both parties is engaging in:
- In West Virginia, a written buyer representation agreement that includes an exclusivity clause means:
- A West Virginia real estate agent who has a personal financial stake in a property they are listing or selling for a client must:
Practice More West Virginia Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free West Virginia Quiz →