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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

Question 1

Disclosure is an important part of a brokerage's duties and responsibilities. Which of the following is NOT an important disclosure all brokerages should make?

A. disclosure of an area's demographics of race and ethnicity
B. disclosure of all offers
C. disclosure of financial condition
D. disclosure of agency

Question 2

What is unique about an exclusive right-to-sell listing agreement?

A. The broker represents both the seller and the buyer.
B. The broker acts as a general agent for the client in all business dealings.
C. There are multiple brokers working to sell the same property.
D. The broker gets compensation regardless of who sells the property.

Question 3

Norah just purchased a warehouse with dimensions of 25 ft. by 15 ft. She wants to carpet the floor. How many square YARDS of carpet does she need?

A. 80 sq. yds.
B. 125 sq. yds.
C. 375 sq. yds.
D. 41.67 sq. yds.

Question 4

What does a lender use to discover all possible defendants in a foreclosure lawsuit?

A. an advertisement
B. a title search
C. a lis pendens
D. a deficiency judgment

Question 5

In Virginia, how many years do records need to be kept for?

A. one year
B. two years
C. three years
D. five years

Solutions: