semplr.

Exams · Certifications · Licensing

Real Estate Salesperson Exam — National Portion

Agency (WV): practice questions

Our Real Estate (National) bank has 5 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

Start the free mock exam

Question 1 · West Virginia

Under West Virginia rules, may a licensee offer a rebate or inducement to a client or customer?

  1. No; all rebates and inducements to clients and customers are prohibited outright
  2. Yes, if its terms and fair market value are disclosed in writing and the broker permits it in writing
  3. Yes, but only after closing and only if the lender is not informed of the payment
  4. Yes, if the rebate is under $500 and is mentioned to the client before the contract is signed
Show the answer

B. Yes, if its terms and fair market value are disclosed in writing and the broker permits it in writing — W. Va. CSR 174-1-18.1.

Question 2 · West Virginia

A licensee's agency status changes, making an earlier disclosure inaccurate. What must the licensee do?

  1. Prepare a dated corrected form, present it to all parties, and get written acknowledgment
  2. Notify the Commission within 10 days on its change-of-status form
  3. Orally inform the parties and note the change in the transaction file
  4. Nothing, since the original disclosure covers the whole transaction
Show the answer

A. Prepare a dated corrected form, present it to all parties, and get written acknowledgment — W. Va. CSR 174-1-16.3.

Question 3 · West Virginia

Since the 2026 amendment, a licensee who moves to a new broker has pending contracts. Who may pay the licensee the commission later earned on them?

  1. The seller, directly to the licensee, with written notice to both brokers
  2. No one; compensation on pending contracts is forfeited by a move
  3. Only the new broker, after the former broker transfers the funds to it
  4. The former broker, upon receiving the commission, may remit it to the licensee
Show the answer

D. The former broker, upon receiving the commission, may remit it to the licensee — W. Va. Code 30-40-19(a)(14), as amended by 2026 SB 672 (eff. June 12, 2026).

Question 4 · West Virginia

Under the Act, the written agency disclosure must be made before which event?

  1. Any person signs a representation contract or a contract to buy or sell
  2. The first time a licensee shows any property to a prospective buyer or tenant
  3. The transaction closes and the settlement statement is signed
  4. The buyer's lender issues a loan commitment letter
Show the answer

A. Any person signs a representation contract or a contract to buy or sell — W. Va. Code 30-40-26(d).

Question 5 · West Virginia

When must the Commission's notice of agency relationship form be signed by the licensee and the client?

  1. At the time the agency relationship is created
  2. Within ten days after the first showing
  3. At the closing, along with the settlement statement
  4. Only when the client first asks for a copy
Show the answer

A. At the time the agency relationship is created — W. Va. CSR 174-1-16.1.

More Real Estate (National) topics