Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

31. A man was convicted of a misdemeanor involving distribution of marijuana when he was 19 years old. He now wishes to apply for a

31. A man was convicted of a misdemeanor involving distribution of marijuana when he was 19 years old. He now wishes to apply for a real estate license in Virginia. He must a. obtain an official FBI record, the original state police record, and copies of all court papers related to the conviction, along with a written account of the part he played in the offense. b. wait to take the pre-licensing course until receiving REB approval. c. pay an additional licensing fee to the REB. d. do none of these; no one convicted of a misdemeanor may obtain a license.

32. A licensee wants to transfer her license from her current firm to a new firm. Under the 2013 streamlined transfer process, the licensees new broker must do all of the following EXCEPT a. certify that the licensees current firm has been notified. b. affirm that the licensees license is active. c. agree to assume supervisory responsibility for the licensee effective the day of transfer application. d. affirm that the licensee is of good character and is competent to practice real estate.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Risk Manager Handbook

Authors: Philippe Jorion

6th Edition

0470904011, 978-0470904015

More Books

Students also viewed these Finance questions