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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: National Portion | 67% | - Valuation and Market Analysis - Property Ownership - Real Estate Calculations - Financing - Property Condition and Disclosures - Transfer of Title - Land Use Controls and Regulations - Practice of Real Estate - Contracts - General Principles of Agency |
| Topic 2: Virginia State Portion | 33% | - Licensing Requirements and Regulations - Specific Acts Governing Real Estate Practice - Escrow Accounts and Trust Funds - Disclosure Requirements - Agency Definitions and Relationships - Virginia Fair Housing Law and Regulations |
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
1. Which of these is a federal law that aims to protect people and the environment from the harmful effects of air pollution?
A) Superfund Amendments and Reauthorization Act
B) CERCLA
C) Clean Air Act
D) Safe Drinking Water Act
2. Which of these is a naturally occurring radioactive gas that emanates from rocks, soil, and water and can cause lung cancer?
A) radon
B) carbon monoxide
C) chlorofluorocarbons
D) chlordane
3. Alana is renting a three-bedroom home for one year. Alana is the:
A) holdover tenant
B) tenant or lessor
C) tenant or lessee
D) optionor
4. Your client is buying a home. At closing, they pull you aside and whisper that the documents they're being asked to sign don't match the Closing Disclosure - suddenly, there are thousands of dollars of new fees. Is this a red flag for predatory lending? Why or why not?
A) No. As long as the title company has no objections, it doesn't matter if the Closina Disclosure and the real closina documents match.
B) No. It's normal for lenders to have significant last-minute changes to their fees.
C) Yes. No client should be paying fees at closing. Those should always be pre-paid to the lender at least three days in advance.
D) Yes. The fees should match what was on the Closing Disclosure. Otherwise, that's a major red flag.
5. Which listing agreement allows multiple real estate brokers (and the owners themselves) the right to sell the property, with a commission being paid to whoever is the procuring cause of the sale?
A) net listing
B) exclusive right-to-sell listing
C) open listing
D) exclusive agency listing
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C |


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