License Record/Status
Reinstatement
What happens if my real estate license expires in Washington state?If expired, the licensee will incur a penalty fee. If a license renewal requirement is not met within one year from the date of expiration, the license is cancelled. The licensee must then acquire a new license.
What is required in order to apply for a broker's license in Virginia quizlet?(minimum qualifications for individual licenses) The law requires that a person be an active salesperson for 36 of the last 48 months before applying for a broker license. (licensing requirements) Regular, salaried employees of a property owner can sell or lease the property without needing a license.
Which of the following is a true statement regarding the termination of qualifying broker status in Alabama?Which of the following is a true statement regarding the termination of qualifying broker status in Alabama? Qualifying brokers have to notify their brokerage and the commission in writing if they wish to terminate their status.
What passing score must a candidate achieve on the Washington broker's exam?You must achieve a scaled score of at least 70 to pass. For more information on scoring, refer to page 12 of the Washington Candidate Handbook. You will have 3 ½ hours to complete the exam. Managing Broker: The exam costs $138.25 and is administered on a computer.
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