West Virginia License Law
The West Virginia Real Estate Commission is authorized to do all of the following EXCEPT:
AIssue and renew licenses
BInvestigate complaints against licensees
CSet commission rates charged to consumers✓ Correct
DSuspend or revoke licenses after a hearing
Explanation
The WVREC regulates licensing and professional conduct but has no authority to set, fix, or recommend commission rates. Commission rates are negotiable between parties and any attempt to fix them would violate antitrust law.
Related West Virginia West Virginia License Law Questions
- A WVREC disciplinary hearing must be preceded by:
- In West Virginia, a real estate licensee who practices in another state without a license in that state:
- Under West Virginia law, broker trust accounts must be maintained:
- West Virginia real estate licenses are renewed every:
- In West Virginia, a salesperson may receive compensation for real estate services only from:
- West Virginia requires applicants for a real estate license to be:
- The West Virginia Real Estate Commission has the authority to:
- How many questions are on the West Virginia real estate salesperson licensing examination?
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 →