West Virginia License Law
Which of the following requires a real estate license in West Virginia?
AA property owner selling their own home
BAn executor selling estate property under court order
CA licensee negotiating the sale of another person's real property for compensation✓ Correct
DA licensed attorney acting within the scope of legal duties
Explanation
Negotiating the sale of another person's real property for compensation requires a West Virginia real estate license. Property owners selling their own property, executors acting under court order, and attorneys in their legal capacity are exempt.
People Also Study
Related West Virginia Questions
- A West Virginia property owner who wants to give another person the right to use their land for a specific purpose without conveying ownership is granting:Property Ownership
- A West Virginia tenant subleases their apartment to another person without the landlord's permission. The landlord may:Property Management
- A West Virginia broker wishes to conduct real estate activities under a trade name different from their legal name. WVREC requires:West Virginia License Law
- In West Virginia, a licensee who commits which of the following acts may have their license revoked?West Virginia License Law
- A West Virginia real estate licensee who fails to complete continuing education by the renewal deadline will have their license:West Virginia License Law
- A West Virginia licensee wishes to place their license on inactive status. While on inactive status, the licensee:West Virginia License Law
- A West Virginia contract contingency that requires the buyer to sell their existing home before closing is a:Contracts
- A West Virginia property sold for $195,000. The seller paid 3% in selling agent commission and 3% in buyer's agent commission. The seller also paid $2,500 in closing costs. What was the seller's total cost of sale?Real Estate Math
Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Buyer's AgentA real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
Seller's Agent (Listing Agent)A real estate licensee who represents the seller's interests, markets the property, and owes fiduciary duties to the seller.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
State-Specific Concepts
License Law
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 →