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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Real Estate Calculations | - Math applications
|
| Contracts | - Real estate contracts
|
| Virginia Law & Regulations | - State-specific rules
|
| Agency Relationships | - Broker-client relationships
|
| Land Use Controls & Regulations | - Government restrictions
|
| Real Estate Practice & Ethics | - Professional conduct
|
| Property Ownership | - Types of ownership
|
| Financing | - Mortgage concepts
|
| Valuation and Market Analysis | - Appraisal concepts
|
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
The creation of express agency is best handled via a(n):
- A. listing agreement or ratified actions
- B. listing agreement or buyer representation agreement
- C. oral agreement or ratified actions
- D. oral agreement or buyer representation agreement
Correct Answer: B 🗳️
Explanation: Only visible for GetValidTest members. You can sign-up / login (it's free).
What is a building permit?
- A. document that permits changing the zoning of one small area within the existing zoning
- B. legal document from a local authority that authorizes a construction or remodeling project
- C. document that permits landowners to use land in a way that is typically not permitted by land use restrictions of zoning law
- D. written permission from the government to seize private property for public use
Correct Answer: B 🗳️
Explanation: Only visible for GetValidTest members. You can sign-up / login (it's free).
Which of these describes a leasehold estate?
- A. Terrence occupies an apartment he doesn't own. He pays his landlord rent every month.
- B. Jung owns a building. He lives upstairs and runs the store downstairs.
- C. Shannon lives in her uncle's apartment and has the right to occupy it for the remainder of her life. After that, the property reverts back to her uncte.
- D. Janet owns a property she inherited from her father. There's a stipulation on the deed that it is only to be used for a residence. Otherwise, it reverts to him.
Correct Answer: A 🗳️
Explanation: Only visible for GetValidTest members. You can sign-up / login (it's free).
An opinion of title, a certificate of title, a Torrens certificate, and title insurance are all examples of:
- A. evidence of title
- B. cloud on a title
- C. equitable title
- D. chain of title
Correct Answer: A 🗳️
Explanation: Only visible for GetValidTest members. You can sign-up / login (it's free).
When an individual hails a cab and tells the driver where they want to be taken, that passenger has entered into what kind of contract?
- A. express
- B. unilateral
- C. implied
- D. written
Correct Answer: C 🗳️
Explanation: Only visible for GetValidTest members. You can sign-up / login (it's free).
