Virginia State Real Estate Exam Practice Question
A licensee who has NOT been practicing with any firm submits an ‘activate' application to the Board. The licensee may begin business with the new firm as soon as ___ is done.
Correct Answer: C
Rationale: The licensee may begin business with the new firm as soon as the application is approved by the Virginia Real Estate Board, ensuring that all necessary checks and compliance measures are met before practice begins.
Option A is incorrect; simply processing the payment does not grant permission to start working. Option B is also wrong; while the signature of the principal or supervising broker is important, it does not finalize the approval needed to activate the license. Option D is misleading; mailing the application is merely a procedural step and does not authorize the licensee to commence business until the Board's approval is received.
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