ASREB (Arizona School of Real Estate and Business) |
Essential Assessment Q&A Guide: Accurately Answered &
Expert-Endorsed 2025/2026
What data must be included on business cards and other promotional items? - correct
answer The name of the responsible broker and the term Broker
What is true when there is a change in the broker's business organization name or trade
name? Each broker must notify the Commission of change: - correct answer in writing
What is required of any property advertisement made under the name of the associate
broker, salesperson or team? - correct answer The advertising must include name of
the responsible broker
Broker Phyllis Garten's trade name, West Virginia Realty - correct answer must be
disclosed in her application for licensure.
Individual brokers may use a trade name. The name must be disclosed in the
application for licensure, and will be placed on the broker's license certificate. A trade
name cannot be used by another broker in the same locality.
In regard to a broker's trust account - correct answer all parties must agree in writing to
move funds into an interest-bearing account.
The West Virginia Real Estate Commission: - correct answer requires complaints be in
writing on forms supplied by the Commission.
In order for a Broker to revert to a salesperson, they may request inactivation by: -
correct answer File appropriate Commission application and pay proper fee
When working with Co-Brokers, what action must be taken before sharing a portion of
their compensation to a Broker representing another party to the transaction? - correct
answer Provide written notice to all parties prior to paying the other Broker
,Under what condition(s) does the Broker have the right to any portion of the earnest
money? ( - correct answer By court order
Which of the following must be provided to the WV Real Estate Commission by a
nonresident license applicant? - correct answer A letter of good standing from the
regulatory agency of the state in which they are licensed
Which of the following is NOT true about WV Real Estate licensing for Non-Residents? -
correct answer All examination fees are waived
What does the Notice of Agency Relationship and Consent form disclose? - correct
answer The party or parties the licensee is representing in the real estate transaction
In the event of death or other incapacities of a responsible sole proprietor broker, the
commission may permit an associate broker or a designated salesperson licensed to
complete and close the then-existing business: - correct answer for a temporary period
not to exceed six (6) months
West Virginia real estate education providers must maintain records of their student's
continuing education course completions. What information is not required to saved for
five years. - correct answer real estate license number and social security number
Each course provider shall maintain records indicating the student's name and address,
the completion date of the course, the course title, and the number of hours awarded. A
student's real estate license number or social security number are NOT saved.
Prelicense education for a salesperson licensure is composed of four subjects, which of
the following subjects are not one of the four subjects? - correct answer Property
Management
3) The Commission audits approved real estate school providers, courses and
instructors to ensure compliance with the West Virginia Real Estate License Act and
Commission's rules. The Commission's representatives conducting the audit shall
, provide the report and to the approved school provider within _______days of the audit.
(ID:212083) - correct answer 60
4) The Commission may take disciplinary action(s) against an approved provider if
found in violation of any of the following EXCEPT (ID:212084) - correct answer an
instructor who uses a variety of teaching methods to accommodate the visual, auditory
and tactile learners.
A real estate school decides to provide in an 90 hour prelicense course video
presentation of various sessions of the course, so the instructor can play the video
presentation for the students, allowing the instructor to go home early and take care of
his wife who is ill. How much time does the Commission allow for video presentations
for an in-class license course under these arrangements? - correct answer None
When approved instructional elements (videos, interactive exercises, external links,
assessments, etc.) are used, the instructor must be present at all time while the class is
in session.
6) What does ARELLO stand for? - correct answer Assosciation of Real Estate License
Law Officials
7) When a course is pending approval and the provider would like to advertise, what
must the provider include? (ID:212137) - correct answer A statement that the course
has not yet been approved
8) All prelicense courses, course providers or instructors renew by the (ID:212138) -
correct answer Dec 31st
To sit for the real estate examination, the applicant must score what percent or higher in
each subject? - correct answer 70%
All approved providers must maintain students records for a minimum of - correct
answer 5 years
Essential Assessment Q&A Guide: Accurately Answered &
Expert-Endorsed 2025/2026
What data must be included on business cards and other promotional items? - correct
answer The name of the responsible broker and the term Broker
What is true when there is a change in the broker's business organization name or trade
name? Each broker must notify the Commission of change: - correct answer in writing
What is required of any property advertisement made under the name of the associate
broker, salesperson or team? - correct answer The advertising must include name of
the responsible broker
Broker Phyllis Garten's trade name, West Virginia Realty - correct answer must be
disclosed in her application for licensure.
Individual brokers may use a trade name. The name must be disclosed in the
application for licensure, and will be placed on the broker's license certificate. A trade
name cannot be used by another broker in the same locality.
In regard to a broker's trust account - correct answer all parties must agree in writing to
move funds into an interest-bearing account.
The West Virginia Real Estate Commission: - correct answer requires complaints be in
writing on forms supplied by the Commission.
In order for a Broker to revert to a salesperson, they may request inactivation by: -
correct answer File appropriate Commission application and pay proper fee
When working with Co-Brokers, what action must be taken before sharing a portion of
their compensation to a Broker representing another party to the transaction? - correct
answer Provide written notice to all parties prior to paying the other Broker
,Under what condition(s) does the Broker have the right to any portion of the earnest
money? ( - correct answer By court order
Which of the following must be provided to the WV Real Estate Commission by a
nonresident license applicant? - correct answer A letter of good standing from the
regulatory agency of the state in which they are licensed
Which of the following is NOT true about WV Real Estate licensing for Non-Residents? -
correct answer All examination fees are waived
What does the Notice of Agency Relationship and Consent form disclose? - correct
answer The party or parties the licensee is representing in the real estate transaction
In the event of death or other incapacities of a responsible sole proprietor broker, the
commission may permit an associate broker or a designated salesperson licensed to
complete and close the then-existing business: - correct answer for a temporary period
not to exceed six (6) months
West Virginia real estate education providers must maintain records of their student's
continuing education course completions. What information is not required to saved for
five years. - correct answer real estate license number and social security number
Each course provider shall maintain records indicating the student's name and address,
the completion date of the course, the course title, and the number of hours awarded. A
student's real estate license number or social security number are NOT saved.
Prelicense education for a salesperson licensure is composed of four subjects, which of
the following subjects are not one of the four subjects? - correct answer Property
Management
3) The Commission audits approved real estate school providers, courses and
instructors to ensure compliance with the West Virginia Real Estate License Act and
Commission's rules. The Commission's representatives conducting the audit shall
, provide the report and to the approved school provider within _______days of the audit.
(ID:212083) - correct answer 60
4) The Commission may take disciplinary action(s) against an approved provider if
found in violation of any of the following EXCEPT (ID:212084) - correct answer an
instructor who uses a variety of teaching methods to accommodate the visual, auditory
and tactile learners.
A real estate school decides to provide in an 90 hour prelicense course video
presentation of various sessions of the course, so the instructor can play the video
presentation for the students, allowing the instructor to go home early and take care of
his wife who is ill. How much time does the Commission allow for video presentations
for an in-class license course under these arrangements? - correct answer None
When approved instructional elements (videos, interactive exercises, external links,
assessments, etc.) are used, the instructor must be present at all time while the class is
in session.
6) What does ARELLO stand for? - correct answer Assosciation of Real Estate License
Law Officials
7) When a course is pending approval and the provider would like to advertise, what
must the provider include? (ID:212137) - correct answer A statement that the course
has not yet been approved
8) All prelicense courses, course providers or instructors renew by the (ID:212138) -
correct answer Dec 31st
To sit for the real estate examination, the applicant must score what percent or higher in
each subject? - correct answer 70%
All approved providers must maintain students records for a minimum of - correct
answer 5 years
