West Virginia Mortgage Law Practice Test

If the Commissioner determines an order of license suspension or revocation is necessary, all of the following will occur except:

1. A hearing will be scheduled

2. A civil penalty of $500 will be imposed by default

3. The licensee will be notified

4. A written statement of charges will be issued

The correct answer is: A hearing will be scheduled

The correct answer indicates that a hearing will not be scheduled if the Commissioner determines that an order of license suspension or revocation is necessary. In West Virginia mortgage law, there are processes involved when a license is under scrutiny. Typically, a hearing is a procedural step that allows the licensee to contest the suspension or revocation; however, in certain circumstances, if the licensee has violated specific statutes or regulations severely enough, the Commissioner may impose sanctions directly without the need for a hearing. This approach allows for a more expedited enforcement of the law in situations where immediate action is required to protect the public interest or where the violation is egregious. Hence, the lack of a scheduled hearing aligns with the idea that swift action can be taken under specific conditions without further deliberation. In regards to the other choices, they reflect the steps taken to ensure that due process is followed in most situations involving license suspension or revocation, including notifying the licensee, issuing a written statement of charges, and the possibility of a civil penalty being applied.