West Virginia License Law
The WVREC may discipline a licensee for which of the following acts?
AFailing to close a transaction within 30 days
BMaking substantial misrepresentations in a real estate transaction✓ Correct
CCharging less commission than the standard market rate
DRepresenting more than five clients at one time
Explanation
The WVREC can discipline, suspend, or revoke the license of a West Virginia licensee who makes material or substantial misrepresentations, engages in fraud, demonstrates incompetence, or violates the Real Estate License Act.
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