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

Question 2

What is a deed containing the strongest and broadest form of guarantee of title?

A. bargain and sale deed
B. general warranty deed
C. special warranty deed
D. quitclaim deed

Question 3

How is a promissory note secured?

A. by referencing a security instrument
B. by the attachment of a mortgage-backed security
C. by the disbursement of funds
D. by the statute of frauds

Question 4

Which of these is a person who is licensed to represent one of the parties in a real estate transaction in exchange for a commission or other valuable consideration?

A. broker
B. salesperson
C. appraiser
D. assistant broker

Question 5

In Virginia, what is the difference between the REB and theFHB?

A. The REB is responsible for the enforcement of the fair housing law for real estate licensees. The FHB is responsible for all other violators.
B. The FHB is responsible for the enforcement of the fair housing law for real estate licensees. The REB is responsible for all other violators.
C. They are the same thing.
D. The REB reports to HUD, while the FHB does not.

Solutions: