West Virginia License Law
A West Virginia real estate licensee is found guilty of submitting a false comparative market analysis (CMA) to deceive a seller into listing at an inflated price. WVREC may impose which penalty?
AOnly a written warning for a first offense
BLicense suspension or revocation, fines, and/or required education✓ Correct
CCriminal prosecution only — WVREC has no authority
DNo penalty because CMAs are opinions, not statements of fact
Explanation
Submitting a false CMA to deceive a client is a serious violation constituting fraud or misrepresentation. WVREC may impose license suspension or revocation, civil fines, and required education. Criminal charges may also be possible.
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