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:

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. The National Association of Realtors' Code of Ethics says
Realtors should act with:

A) All choices are correct.
B) fairness
C) competence
D) integrity

2. In Virginia, how many years do records need to be kept for?

A) three years
B) one year
C) five years
D) two years

3. What form of co-ownership features individual, undivided interest in the property and includes rights of inheritance rather than survivorship?

A) joint tenancy
B) tenancy in common
C) tenancy by the entirety
D) severalty

4. The creation of express agency is best handled via a(n):

A) oral agreement or ratified actions
B) listing agreement or ratified actions
C) oral agreement or buyer representation agreement
D) listing agreement or buyer representation agreement

5. Ben would like to construct a restaurant on a parcel of land. This particular parcel is not zoned for commercial use. Ben should go to the city and seek a(n):

A) deferrence
B) use variance
C) encroachment
D) exemption

Solutions: