Virginia Real Estate Exam Practice Question
What is the highest penalty an unlicensed individual practicing real estate may be fined after multiple offenses within a three-year period?
Correct Answer: C
Rationale: The highest penalty for an unlicensed individual practicing real estate after multiple offenses within a three-year period is $25,000 per violation. This amount reflects the seriousness of practicing real estate without a license, which can undermine public trust and safety.
Option A ($10,000 per violation) is too low, as it does not align with the legal framework governing real estate violations. Option B ($1,000 per violation) is significantly below the established penalties for such serious offenses. Option D ($2,500 per violation) also underestimates the consequences involved in unlicensed real estate activity. Thus, option C accurately represents the maximum fine.
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