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!

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Inactive brokers and salespersons are required to complete continuing education courses for renewal. True or False?

True.
False.
Only if they are seeking employment.
Only for initial license acquisition.

The correct answer is: False.

Inactive brokers and salespersons are not required to complete continuing education courses for renewal. In Virginia, the requirement for continuing education is primarily for licensees who are actively engaged in real estate transactions. When a broker or salesperson is placed on inactive status, they are not conducting business and, therefore, are not subject to the same continuing education obligations as active licensees. Those who are inactive may still choose to take courses to remain knowledgeable about industry changes, but it is not a mandatory requirement for renewal while they are inactive. This is distinct from active licensees who must meet specific continuing education requirements to maintain their licenses in good standing. The distinction is critical in understanding the obligations related to license status in real estate practice.