Dpor answer board - Study guides, Class notes & Summaries

(virginia time share act) For an initial purchaser, there is a _________day right of rescission. Meanwhile, a buyer has a 5-day right of rescission in a time share resale. - ANSWER-7 If VA license applicant has had a license suspended or revoked in any jurisdiction because of association with disciplinary action - ANSWER-A very detailed explanation of the event/circumstances must be included with his license application If there was a prior misdemeanor involving moral turpitude, sexual off...

virginia time share act) For an initial purchaser, there is a _________day right of rescission. Meanwhile, a buyer has a 5-day right of rescission in a time share resale. - Answer-7 If VA license applicant has had a license suspended or revoked in any jurisdiction because of association with disciplinary action - Answer-A very detailed explanation of the event/circumstances must be included with his license application If there was a prior misdemeanor involving moral turpitude, sexual offe...

Firm - ANSWER-any sole proprieteorship, partnership, assoc, LLC, or Corp that is required to have a separate brokerage firm license. "ABC Realty" must have a firm license, and a licensed principle broker DPOR - ANSWER-Board of Professional and Occupational Regulation. Consists of 9 members, appointed by governor to 4 yr terms. REB (real estate board) is part of DPOR. CIC Board - ANSWER-Common Interest Community Board, within the DPOR; separate from the REB. Creates licensure to govern co...

(virginia time share act) For an initial purchaser, there is a _________day right of rescission. Meanwhile, a buyer has a 5-day right of rescission in a time share resale. - Answer-7 If VA license applicant has had a license suspended or revoked in any jurisdiction because of association with disciplinary action - Answer-A very detailed explanation of the event/circumstances must be included with his license application If there was a prior misdemeanor involving moral turpitude, sexual off...

If, after passing the licensing exam, more than twelve months passes before applying for a license, the applicant must then _______________ before he can apply for a license. - ANSWER-Re-take and pass the exam again. Under the Virginia Residential Landlord and Tenant Act, the security deposit, any accrued interest and any deductions, damages, and charges shall be itemized by the landlord in a written notice given to the tenant together with any amount due the tenant within ____ days after ter...

Virginia psi exam prep by performance programs company Questions and Solutions What is the purpose of Chapter 21 in the Virginia code? - Answer -To present license requirements brokerage relationships and Real Estate Board authorizations Delaney is licensed under a real estate firm and legally performs real estate activities for an average of at least 40 hours a week. What term would she properly be called? - Answer -Actively engaged salesperson Josh hired an unlicensed assistant what acti...

Real Estate Express Course Final - VA License Law and National THE LANDLORD CAN ISSUE ONE OF TWO THINGS IF THE TENANT IS IN DEFAULT FOR NOT PAYING RENT? - ANSWER Five-Day Pay-Or-Quit Notice Unlawful Detainer Warrant WHO HAS THE RESPONSIBILITY TO CREATE AND AMEND THE REAL ESTATE CODE OF VIRGINIA? - ANSWER The Virginia General Assembly - NOT the DPOR or the Real Estate Board WHAT CAN A LANDLORD DO IF A TENANT IS ABSENT FROM RENTAL PROPERTY? - ANSWER If a tenant is absent from a renta...

A nonresident who obtains a license as an active salesperson in VA is required to do which of the following? 1. Move to VA within 6 months of licensure. 2. Post a bond. 3. Maintain an escrow account in VA. 4. Activate with a VA licensed broker. - ANSWER-4. Activate with a VA licensed broker. The purpose of the VA real estate license law and Board related rules and regulations is to... - ANSWER-Protect the public interest Two brokers are involved in a dispute over a commission split. Wh...

DPOR - ANSWER-Department of Professional and Occupational Regulation REB - ANSWER-Real Estate Board

(virginia time share act) For an initial purchaser, there is a _________day right of rescission. Meanwhile, a buyer has a 5-day right of rescission in a time share resale. - ANSWER-7 If VA license applicant has had a license suspended or revoked in any jurisdiction because of association with disciplinary action - ANSWER-A very detailed explanation of the event/circumstances must be included with his license application If there was a prior misdemeanor involving moral turpitude, sexual off...