Which of the following is a required qualification for at least some members of the Virginia Real Estate Board?

The requirement that a member of the Virginia Real Estate Board must have been licensed for at least five consecutive years is significant because it ensures that board members have a substantial level of experience and knowledge in the real estate industry. This experience is crucial in helping to guide regulatory practices and ensure that the interests of both real estate professionals and the public are balanced effectively. Having members with this level of experience allows for informed decision-making related to real estate licensing, consumer protection, and industry standards, which is essential for maintaining the integrity and efficacy of the real estate market in Virginia.

In contrast, the other listed options do not align with the established requirements for board membership. For example, living in Virginia for over 10 years or being a member of a specific association may not necessarily reflect an individual's understanding or aptitude in real estate matters. Similarly, while experience in commercial real estate may be valuable, it is not a blanket requirement for all board members, who may represent various segments of the real estate profession.