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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

An licensee in Virginia writes an online ad. It MUST include all of the below:

A. the licensee's name, the name of the firm in which the licensee is active, the city and state in which the licensee's place of business is located, and the licensee's phone number
B. the licensee's name and the name of the firm in which the licensee is active
C. the licensee's name, the name of the firm in which the licensee is active, and the city and state in which the licensee's place of business is located
D. the licensee's name, and the city and state in which the licensee's place of business is located

Question 2

Vicarious liability is the common law concept that:

A. a person is liable for the actions of those acting with authority on that individual's behalf
B. brokers are free from taking responsibility for their agents' actions
C. license holders may ONLY be held liable if violations are brought to court
D. agents cannot be held liable for violating fiduciary duties, while brokers can

Question 3

Which of the following contracts has no legal effect and typically involves an illegal act, fraud, misrepresentation,duress, or undue influence?

A. a void contract
B. an implied contract
C. an oral contract
D. a valid contract

Question 4

An area has been rezoned as residential, but a neighborhood store has been legacied in and allowed to continue its business.
This is an example of:

A. conditional-use permit
B. amendment
C. area variance
D. nonconforming use

Question 5

In Virginia, the grantor tax rate is currently $0.50 per $500 of the sales price. How much would the taxes be on a $756,000 home purchase?

A. $1,512
B. $7,560
C. $756
D. $15,120

Solutions: