Wyoming License Law
A real estate licensee in Wyoming who violates the license law may face:
AOnly a written warning on the first offense
BLicense suspension, revocation, and/or civil penalties✓ Correct
CCriminal prosecution only through federal courts
DA fine payable to the seller in the transaction
Explanation
Wyoming's WREC can impose administrative penalties including suspension or revocation of license, and civil fines. In egregious cases involving fraud, criminal prosecution through Wyoming courts may also occur.
Related Wyoming Wyoming License Law Questions
- A Wyoming licensee who advertises a property must ensure that the advertisement:
- A Wyoming broker who supervises a salesperson is responsible for ensuring the salesperson:
- Wyoming real estate license law requires that advertising include:
- A Wyoming real estate team leader who advertises as 'The Smith Team' must ensure the advertisement also includes:
- A person who negotiates the sale of a business that includes real property (an 'asset sale' including real estate) in Wyoming:
- Under Wyoming law, a real estate broker must keep which of the following records?
- Under Wyoming license law, commingling means:
- The Wyoming Real Estate Commission issues licenses for which of the following activities?
Practice More Wyoming Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wyoming Quiz →