PSI Virginia Real Estate Practice Exam

What types of misdemeanors must candidates disclose when applying for a real estate license?

1. Only those occurring in the last year

2. All misdemeanors occurring within the past five years

3. Only felonies

4. Minor traffic violations

The correct answer is: All misdemeanors occurring within the past five years

Candidates applying for a real estate license must disclose all misdemeanors occurring within the past five years because regulatory bodies aim to ensure that individuals in the real estate profession demonstrate trustworthiness and integrity. This period allows licensing authorities to assess any patterns of behavior that might not align with the ethical standards expected in the industry. Disclosing these misdemeanors helps provide a comprehensive view of the candidate’s background, ensuring that potential applicants uphold the profession's standards. Minor traffic violations typically do not need to be disclosed, as they are generally viewed as less significant in terms of professional conduct. Felonies require separate disclosure, but the emphasis on misdemeanors highlights the importance of transparency in all criminal background aspects within the defined timeframe. By disclosing all relevant misdemeanors from the past five years, candidates allow for a fair evaluation of their suitability for licensure.