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Real Estate Licensing Virginia Real Estate Salesperson : Virginia-Real-Estate-Salesperson

Virginia-Real-Estate-Salesperson

Exam Code: Virginia-Real-Estate-Salesperson

Exam Name: Virginia Real Estate Salesperson Exam

Updated: Oct 20, 2026

Q & A: 125 Questions and Answers

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

SectionWeightObjectives
National Portion (120 questions)80%- Practice and Ethics
  • 1. Trust fund handling
  • 2. License law requirements
  • 3. Fair housing laws
  • 4. Ethics and professional conduct
- Property Disclosures and Valuations
  • 1. Material disclosure requirements
  • 2. Property valuation methods
  • 3. Comparative market analysis
- Property Ownership and Land Use
  • 1. Land characteristics and types
  • 2. Zoning and land use regulations
  • 3. Encumbrances and liens
  • 4. Property ownership forms
- Agency and Fiduciary Duties
  • 1. Fiduciary responsibilities
  • 2. Agency relationships
  • 3. Agent duties to clients and customers
- Financing and Settlement
  • 1. Loan application process
  • 2. Settlement procedures
  • 3. Closing costs
  • 4. Mortgage types and financing
- Property Transfer and Title
  • 1. Deeds and ownership transfer
  • 2. Title transfer procedures
  • 3. Title insurance
- Contracts and Agreements
  • 1. Lease agreements
  • 2. Contract formation and requirements
  • 3. Listing agreements
  • 4. Purchase and sale agreements
Virginia State Portion (30 questions)20%- Virginia Real Estate License Law
  • 1. License renewal and continuing education
  • 2. Virginia Real Estate Board regulations
  • 3. Licensing requirements and procedures
- Virginia Contracts and Practices
  • 1. Virginia-specific contract requirements
  • 2. Common law vs. statutory requirements
- Virginia-Specific Statutes
  • 1. State-specific disclosure requirements
  • 2. Virginia Real Estate License Act
  • 3. Virginia fair housing regulations

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

Question #1
What is a deed containing the strongest and broadest form of guarantee of title?

A. bargain and sale deed
B. quitclaim deed
C. special warranty deed
D. general warranty deed


Question #2
Norah just purchased a warehouse with dimensions of 25 ft. by 15 ft. She wants to carpet the floor. How many square YARDS of carpet does she need?

A. 41.67 sq. yds.
B. 125 sq. yds.
C. 80 sq. yds.
D. 375 sq. yds.


Question #3
Which of the following can be described as a nonexclusive listing agreement that gives multiple brokers (and owners themselves) the right to sell property, and the individual who is considered to have procured the cause of the sale is the one who will receive the commission?

A. net listing
B. open listing
C. exclusive agency agreement
D. exclusive right-to-sell agreement


Question #4
The creation of express agency is best handled via a(n):

A. oral agreement or ratified actions
B. listing agreement or buyer representation agreement
C. listing agreement or ratified actions
D. oral agreement or buyer representation agreement


Question #5
An appraiser will most likely follow all of these steps in their appraisal, EXCEPT:

A. gathering and recording data
B. reconciling the value estimates
C. estimating the land value
D. setting a listing price for the property


Solutions:

Question #1
Correct Answer: D
Question #2
Correct Answer: A
Question #3
Correct Answer: B
Question #4
Correct Answer: B
Question #5
Correct Answer: D

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