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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Virginia State Portion (30 questions) | 20% | - Virginia Contracts and Practices
|
| National Portion (120 questions) | 80% | - Property Ownership and Land Use
|
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
What is the legal doctrine by which the decedent's property will pass to the state without their consent if that individual dies without a will, a surviving spouse, lineal descendants, or other known heirs?
- A. escheat
- B. eminent domain
- C. variance
- D. police power
Correct Answer: A 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
You're doing a CMA on a three-bedroom, two-bath, seven- year-old property. Choose the BEST comp from the following list:
- A. a three-bedroom, two-bath, seven-year-old property located a quarter mile away that sold two years ago
- B. a three-bedroom, one-bath, 12-year-old property located a quarter mile away that sold three months ago
- C. a six-bedroom, four-bath, newly built property located a quarter mile away that sold six weeks ago
- D. a three-bedroom, two-and-a-half bath, 15-year-old property located 20 miles away that sold 12 weeks ago
Correct Answer: A 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
Which of the following is a unique quality of limited service agents in Virginia?
- A. Limited service agents can assist in commercial transactions ONLY.
- B. Limited service agents can assist in both residential and commercial transactions.
- C. Limited service agents can assist in neither residential nor commercial transactions.
- D. Limited service agents can assist in residential transactions ONLY.
Correct Answer: B 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
Which of these ownership concepts gives each co-owner the right to possession of the whole property?
- A. sole proprietorship
- B. undivided interest
- C. equitable interest
- D. unity of time
Correct Answer: B 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
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
Correct Answer: B 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
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