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Real Estate Licensing Virginia Real Estate Salesperson : Virginia-Real-Estate-Salesperson
- Exam Code: Virginia-Real-Estate-Salesperson
- Exam Name: Virginia Real Estate Salesperson Exam
- Updated: Aug 23, 2026
- Q & A: 125 Questions and Answers
About Real Estate Licensing Virginia Real Estate Salesperson : Virginia-Real-Estate-Salesperson Exam
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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Virginia Law & Regulations | - State-specific rules
|
| Land Use Controls & Regulations | - Government restrictions
|
| Property Ownership | - Types of ownership
|
| Real Estate Practice & Ethics | - Professional conduct
|
| Valuation and Market Analysis | - Appraisal concepts
|
| Financing | - Mortgage concepts
|
| Contracts | - Real estate contracts
|
| Agency Relationships | - Broker-client relationships
|
| Real Estate Calculations | - Math applications
|
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
1. You're doing a CMA on a three-bedroom, two-bath, seven- year-old property. Choose the BEST comp from the following list:
A) a three-bedroom, two-and-a-half bath, 15-year-old property located 20 miles away that sold 12 weeks ago
B) a six-bedroom, four-bath, newly built property located a quarter mile away that sold six weeks ago
C) a three-bedroom, two-bath, seven-year-old property located a quarter mile away that sold two years ago
D) a three-bedroom, one-bath, 12-year-old property located a quarter mile away that sold three months ago
2. Siblings Meg and Jack own property together. Meg owns 60% and Jack owns 40%. If Meg dies, her share is inherited by her spouse, not Jack. Based on these facts, what kind of ownership do they have?
A) joint tenancy
B) ownership in severalty
C) tenancy in common
D) tenancy by the entirety
3. A type of (usually commercial) lease in which the tenant pays a base rent amount and a percentage of their business profits to the landlord is a:
A) net lease
B) ground lease
C) percentage lease
D) gross lease
4. How is a promissory note secured?
A) by the attachment of a mortgage-backed security
B) by the statute of frauds
C) by referencing a security instrument
D) by the disbursement of funds
5. The National Association of Realtors' Code of Ethics says
Realtors should act with:
A) All choices are correct.
B) fairness
C) competence
D) integrity
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: A |
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