Renew License | PLE | CE Flashcards

1
Q

You pass licensing exam

A

You may begin to work for a realtor

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2
Q

Within one year of receiving license

A

Must complete 30 hours of PLE and submit it to the VREB

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3
Q

During the 2nd year of licensing

A

You may work at a real estate firm

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4
Q

You must send in a renewal application and fee of $60 to the VREB prior to the license

A

Two year anniversary date

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5
Q

If renewal form and fee are accepted and received within the specified time period the the

A

VREB will grant the license reactivation.

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6
Q

During the next two years AFTER first renewal

A

16 hours of CE courses must be completed.

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7
Q

30 Hours of PLE includes

2 hours | Fair Housing, ADA and

A

Civil Rights

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8
Q

30 Hours of PLE includes

6 hours | Real Estate Law and

A

Regulations

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9
Q

30 Hours of PLE includes

3 hours | Ethics and

A

Standards of Conduct

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10
Q

30 Hours of PLE includes

2 hours | Current Industry Issues and

A

Trends

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11
Q

30 Hours of PLE includes

3 hours | Agency

A

Law

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12
Q

30 Hours of PLE includes

6 hours | Contract

A

Writing

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13
Q

30 Hours of PLE includes

3 hours | Risk

A

Management

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14
Q

30 Hours of PLE includes

3 hours | Escrow

A

Requirements

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15
Q

30 Hours of PLE includes

2 hours | Real Estate-Related

A

Finance

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16
Q

PLE and CE courses are NOT

A

Interchangeable

17
Q

You must take PLE programs and post-licensing work that is

A

APPROVED

18
Q

Any CE courses taken PRIOR to your first renewal

A

Do not count towards license renewal.

19
Q

The Code of Virginia

A

Section 54.1 - 2105.01