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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: National Portion | 67% | - Transfer of Title - Real Estate Calculations - Property Condition and Disclosures - Practice of Real Estate - General Principles of Agency - Contracts - Property Ownership - Valuation and Market Analysis - Land Use Controls and Regulations - Financing |
| Topic 2: Virginia State Portion | 33% | - Virginia Fair Housing Law and Regulations - Disclosure Requirements - Licensing Requirements and Regulations - Agency Definitions and Relationships - Specific Acts Governing Real Estate Practice - Escrow Accounts and Trust Funds |
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
1. Randy and Joe were married, then divorced. Joe got the house in the divorce settlement. When he later goes to sell it, a title company tells him there's a cloud on the title due to the divorce. What is most likely to resolve this cloud?
A) requiring Joe to put some earnest money in escrow
B) having Randy sign a quitclaim deed
C) putting a mechanic's lien on the property
D) filing the deed with the county
2. The four phases of an environmental site assessment are, in order:
A) testing, investigation, remediation, management
B) management, investigation, testing, remediation
C) remediation, investigation, testing, management
D) investigation, testing, remediation, management
3. Which of these is a federal law that aims to protect people and the environment from the harmful effects of air pollution?
A) Clean Air Act
B) Superfund Amendments and Reauthorization Act
C) Safe Drinking Water Act
D) CERCLA
4. 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) net listing
B) exclusive right-to-sell listing
C) open listing
D) exclusive agency listing
5. In Virginia, what is the difference between the REB and theFHB?
A) The REB reports to HUD, while the FHB does not.
B) The REB is responsible for the enforcement of the fair housing law for real estate licensees. The FHB is responsible for all other violators.
C) The FHB is responsible for the enforcement of the fair housing law for real estate licensees. The REB is responsible for all other violators.
D) They are the same thing.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: B |








