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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 these ownership concepts gives each co-owner the right to possession of the whole property?

A) unity of time
B) equitable interest
C) undivided interest
D) sole proprietorship

2. Janay lives in and is licensed as a salesperson in North Carolina but wants to practice real estate in Virginia. Which of the following is true?

A) The REB will require Janay to take a special licensing course for out-of-state residents.
B) Janay only needs to take and pass the state portion of the licensing exam.
C) The REB requires real estate professionals to have residency in the state of Virginia, so Janay cannot practice in Virginia.
D) The REB does not recognize or transfer licenses from other states, so Janay will need to complete all salesperson pre-licensure requirements.

3. 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) exemption
D) encroachment

4. A legally competent party to a contract will:

A) not be mentally incompetent or intoxicated by drugs or alcohol and have legal representation
B) have reached the age of majority and be literate
C) have reached the age of majority and not be mentally incompetent or intoxicated by drugs or alcohol
D) be literate and not be mentally incompetent or intoxicated by drugs or alcohol

5. Which of these is an example of a deed restriction?

A) Demi is required to file an environmental impact statement with the city before building a new subdivision.
B) Donald is required by the municipal government to have a certain number of bathrooms in his business.
C) The city denies Darren a permit to open a pawn shop in a residential area.
D) A restriction in one subdivision development specifies that no boats or recreational vehicles may be kept on the street, driveway, or lot.

Solutions: