§30-40-16. Continuing Professional Education
(a) Every licensee shall complete seven hours of continuing professional education for each fiscal year, with each hour equaling fifty minutes of instruction. (b) Upon application for the renewal of a real estate license on active status, each licensee must furnish satisfactory evidence, as established by the commission, that he or she has completed seven […]
§30-40-7. General Powers and Duties
The commission has all the powers set forth in article one of this chapter and in addition: (a) May sue and be sued in its official name as an agency of this state; (b) Shall employ an executive director and shall fix his or her compensation subject to the general laws of this state. The […]
§30-40-8. Rule-Making Authority
(a) The commission may propose rules for legislative approval in accordance with the provisions of article three, chapter twenty-nine-a of this code which are necessary for the conduct of its business, the holding of hearings and for the general implementation, enforcement and administration of the provisions of this article, including, but not limited to, establishing, […]
§30-40-9. Fees; Special Revenue Account; Administrative Fines
(a) All fees and other moneys, except administrative fines, received by the commission shall be deposited into the treasury of the state, at least once each month, into a special revenue fund known as the "real estate license fund" which is continued. (b) Except as may be provided in section ten, article one of this […]
§30-40-2. Short Title
This article shall be known and may be cited as the "West Virginia Real Estate License Act".
§30-40-3. License Required
It shall be unlawful for any person to engage in or carry on, directly or indirectly, or to advertise or hold himself or herself out as engaging in or carrying on the business or act in the capacity of a real estate broker, associate broker or salesperson within this state without first obtaining a license […]
§30-40-4. Definitions
Unless the context used clearly requires a different meaning, as used in this article: “Applicant” means any person who is making application to the commission for a license. “Associate broker” means any person who qualifies for a brokers license, but who is employed or engaged by a licensed broker to engage in any activity regulated […]
§30-40-5. Scope of Practice; Exceptions
(a) The practice of real estate brokerage includes acting in the capacity of a broker, associate broker or salesperson as defined in section four of this article. (b) The practice of real estate brokerage does not include the activities normally performed by an appraiser, mortgage company, lawyer, engineer, contractor, surveyor, home inspector or other professional […]
§30-40-6. Commission Created; Membership; Appointment and Removal of Members; Qualifications; Terms; Organization
(a) The West Virginia Real Estate Commission is hereby continued. The members of the commission in office on the date this section takes effect shall, unless sooner removed, continue to serve until their respective terms expire and until their successors have been appointed and qualified. (b)(1) Commencing with the terms beginning with July 1, 2002, […]
§30-39-15. Criminal Penalties
An athlete agent who violates subsection (a), section fourteen of this article is guilty of a felony and, upon conviction thereof, shall be fined not more than $50,000 or confined in a state correctional facility for not less than one nor more than three years, or both so fined and confined. An athlete agent who […]