PSI Virginia Real Estate Practice Exam

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Prepare for the PSI Virginia Real Estate Exam with comprehensive quizzes. Study using flashcards and multiple-choice questions, complete with hints and explanations. Ace your exam with confidence!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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How many hours of continuing education must all active brokers complete during their licensing term?

20 hours.
24 hours.
30 hours.
36 hours.

The correct answer is: 24 hours.

The requirement for active brokers in Virginia to complete 24 hours of continuing education during their licensing term is mandated to ensure that they maintain their knowledge and skills in a constantly evolving real estate market. This education focuses on important topics such as fair housing laws, agency relationships, and other critical areas necessary for proper real estate practice. The 24-hour requirement is specifically designed to keep brokers updated on changes in real estate regulations and best practices, which is vital for protecting consumers and ensuring a high standard of service in the industry. This continuing education also reinforces the ethical responsibilities of brokers and helps them stay informed about new technologies and methods relevant to real estate transactions. In contrast, the other options reflect inaccurate hour requirements for brokers in Virginia. While other professions or states may have different continuing education standards, the 24-hour requirement is firmly established for active brokers in Virginia to promote professionalism and competency in real estate practices.