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Virginia Escrow Funds and License Renewal Requirements

Virginia · State License Law — free study notes for the real estate licensing exam.

🏛️ State License Law 📍 Virginia

📖 What you need to know

Virginia brokers must deposit client and customer money, such as earnest money deposits, into a separate escrow account and may not commingle those funds with the broker's own operating money. Virginia is not a community property state, so spousal property interests follow common-law and title rules rather than community property. For a salesperson's first renewal, Virginia requires completion of a 30-hour post-license education program in addition to keeping the license active under a supervising broker.

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Questions students ask

Is Virginia Escrow Funds and License Renewal Requirements on the real estate exam?

Yes. State License Law is a scored domain on the Virginia real estate licensing exam, and this topic appears in the state license-law portion.

Is this cheat sheet free?

Yes — every page on CinnaPrep's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.

Does Virginia test this differently?

Virginia applies its own license law on top of the national portion. This page covers the Virginia rules specifically, which is what the state section of your exam tests.

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