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Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. Which of these is a naturally occurring radioactive gas that emanates from rocks, soil, and water and can cause lung cancer?

A) chlorofluorocarbons
B) carbon monoxide
C) chlordane
D) radon

2. Mindy experienced a foreclosure process that included being named as a defendant in a lawsuit by her lender and seeing her home sold in a foreclosure sale. From that information, what can you guess about the category of foreclosure used and who holds the title to the property?

A) A nonjudicial foreclosure was necessary because a trustee holds the title.
B) A judicial foreclosure was necessary because the lender holds the title.
C) A judicial foreclosure was necessary because Mindy holds the title.
D) A nonjudicial foreclosure was necessary because Mindy holds the title.

3. Which of these is a reason a borrower might be offered a subprime loan by a lender?

A) Federal funds rates are high.
B) The home is in a low-income neighborhood.
C) The borrower's credit report includes numerous delinquencies.
D) A borrower's credit score is too high.

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

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

5. John is a landlord. He has an applicant for an apartment who uses a cane. John tells her that she should go to the complex across the street, as they have more first-floor units available, and he doesn't want her to have to climb the stairs in his building. She thanks him for the tip. Evaluate.

A) John did nothing wrong. He simply evaluated the applicant and tried to do what was best for her.
B) John steered the applicant, which is never okay, even if she expressed appreciation.
C) John steered the applicant, which was a risky move, but it paid off this time.
D) John steered the applicant, but it was okay since she expressed appreciation.

Solutions: