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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Virginia State Portion | 33% | - Disclosure Requirements - Escrow Accounts and Trust Funds - Licensing Requirements and Regulations - Virginia Fair Housing Law and Regulations - Agency Definitions and Relationships - Specific Acts Governing Real Estate Practice |
| National Portion | 67% | - Property Ownership - Financing - Contracts - Real Estate Calculations - General Principles of Agency - Practice of Real Estate - Valuation and Market Analysis - Property Condition and Disclosures - Land Use Controls and Regulations - Transfer of Title |
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
Question 1
Marty, who is not a real estate agent, owns a duplex. He lives in one unit and rents out the other. He turns down a\family with small children as tenants because he doesn't want to deal with noise. Evaluate the situation.
A. Marty has done nothing wrong. This housing situation is exempt from the Fair Housing Act.
B. Marty has violated the Fair Housing Act on grounds of parental status protections.
C. Marty has violated the Fair Housing Act on grounds of marital status protections.
D. Marty has violated the Fair Housing Act on grounds of familial status protections.
Question 2
The relationship between a property manager and the property owner is most comparable to that of a:
A. salesperson with their broker
B. cashier with the owner of a store
C. stockholder with the board of directors of a corporation
D. tenant with a landlord
Question 3
Which listing agreement allows multiple real estate brokers (and the owners themselves) the right to sell the property, with a commission being paid to whoever is the procuring cause of the sale?
A. exclusive agency listing
B. open listing
C. net listing
D. exclusive right-to-sell listing
Question 4
Which environmental law requires federal agencies to prepare environmental impact assessments and statements before undertaking a potentially impactful act?
A. Resource Conservation and Recovery Act
B. The Clean Air Act
C. The National Environmental Policy Act
D. The Clean Water Act
Question 5
What is the perimeter of a rectangular lot with the dimensions of 40 ft. x 50 ft .?
A. 200 ft.
B. 90 ft.
C. 150 ft.
D. 180 ft.
Solutions:
| Question 1 Answer: D | Question 2 Answer: A | Question 3 Answer: B | Question 4 Answer: C | Question 5 Answer: D |





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