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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 the following is TRUE?

A) Virginia does not enforce rent control.
B) Virginia does enforce rent control, but only in large cities.
C) Virginia does enforce rent control, but only for commercial properties.
D) Virginia enforces rent control state-wide.

2. Which of these is a federal law that aims to protect people and the environment from the harmful effects of air pollution?

A) CERCLA
B) Safe Drinking Water Act
C) Clean Air Act
D) Superfund Amendments and Reauthorization Act

3. Which of these types of loans can always be sold on the secondary mortgage market?

A) loans originated by Fannie Mae
B) conforming loans
C) jumbo loans
D) non-conforming loans

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

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

5. The government sends Ken a notice stating that his house and neighborhood will be demolished to build a much- needed water treatment plant. What is the government required to offer Ken in exchange for taking his property?

A) whatever they decide is reasonable
B) whatever Ken asks for
C) just compensation
D) nothing, since it is for the public good

Solutions: