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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. Which of the following provides the BEST explanation for why disclosure of material facts is required?

A) Not all material facts are readily discernible.
B) If known, they could cause a buyer or seller to take a different course of action.
C) The material a property is made of can influence its value.
D) All facts related to a real estate transaction must be disclosed.

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

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

3. Stigmatized properties are properties:

A) with market prices far exceeding other similar properties within an area
B) that are exempt from ad valorem taxes
C) with suppressed market value due to something that happened on or to the property, rather than the physical condition or features of the property
D) with suppressed market value due to their physical condition or features

4. What is the perimeter of a rectangular lot with the dimensions of 40 ft. x 50 ft .?

A) 180 ft.
B) 90 ft.
C) 150 ft.
D) 200 ft.

5. What rights govern the use of flowing water, such as rivers or streams?

A) percolating rights
B) appropriative rights
C) littoral rights
D) riparian rights

Solutions: