4. the respondent must submit to interrogatories by claimant, the claimant must have gone after any assets and property belonging to the debtor, If the Transaction Recovery Fund falls below a statutory minimum, licensees may be assessed to restore the Fund. 3. if the owner is a non resident of VA Question text B. person has to apply to the Real Estate Recovery Fund after final 2. an appraiser A renewal notice was mailed from the Board, but it was lost in the mail and never received by Mary. 4. all of the above, The principal broker of a real estate franchise must make certain disclosures when advertising. Encourage higher education in real estate 2. must supervise all firm advertising 1. regulating brokerage fees c. The local Real Estate Board might be approached. ORS 696.301 - Grounds for discipline B. 1. an executor of a will 4. A licensee has been found to have committed acts prohibited by 4. is in violation of the VA license law, unless she fails to inform the board, according to VA license law and the regulations of the board, a salesperson may accept a net listing: 3. refusing to hold an open house, at the request of his broker 4. the listing broker, brokers must retain records of real estate transactions for at least: the authority of a court order, b. an attorney at law who participates in real estate Dealing honestly and fairly; 2. One night, Larry replies to one of Bill's emails, but includes none of the required disclosures. The DRE also handles the renewal of the licenses. 3. chairman of the board 1. renting 1/2 a duplex for a friend After moving to Virginia, her neighbor finds out about this experience and asks Carla to sell his home. The purpose was to cause the customer, Milton, to act in a way that results in a personal loss. Vera is a licensed salesperson with Broker Tom, but Tom is going to close his office. 1. investigate the dealings of any real estate broker or salesperson 4. cash the check, but inform bob, a real estate salespersons license may be revoked if the licensee: 1. has the owners permission 4. the salesperson, which is not a requirement to become a broker in VA? 1. an attorney who is licensed to practice law in VA 60 hours 2. maintain an escrow account at an insured depository in the state This type of agreement: 3. revoke the salespersons license pending a hearing Wisconsin Real Estate Magazine: Bust a Deal, Face the Wheel - WRA 2. the VA association of realtors Mark is in Europe for two weeks and cannot be reached. 2. the renewal fee, plus $20 payment for the transaction recovery fund 2. listing salesperson 4. the broker is automatically responsible for all actions of any person affiliated with the firm, if the broker knew or should have known of the agents actions, which person would not need a real estate license? B. 24 hours of continuing education, the real estate license of any person or firm may be revoked by which of the following? C. $20 every two years 2. an attorney at law 4. must be in good standing in any jurisdiction where licensed, must complete 145 credit hours of courses approved by the board, For a corporation licensed to engage in real estate business, which individual is primarily responsible for those real estate activities? 4. the licensee must submit to reexamination, a broker may not accept which of the following listings?

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