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

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. In Virginia, agents practicing no agency (transaction coordinators) are sometimes referred to as:

A) dual agents
B) intermediaries
C) appraisers
D) single agents

2. What is the legal doctrine by which the decedent's property will pass to the state without their consent if that individual dies without a will, a surviving spouse, lineal descendants, or other known heirs?

A) variance
B) escheat
C) eminent domain
D) police power

3. Which of the following contracts has no legal effect and typically involves an illegal act, fraud, misrepresentation,duress, or undue influence?

A) a valid contract
B) a void contract
C) an oral contract
D) an implied contract

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

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

5. Larry's new tenant, who uses a wheelchair, asks Larry to install grab bars in the bathtub, as well as lowered light switches. The tenant is asking for:

A) bias, and Larry is not obligated to complete the request
B) injunctions, and the Americans with Disabilities Act (ADA) will cover the cost
C) modifications, and Larry can require that the tenant pay for their installation
D) accommodations, and Larry must pay for them, no matter the expense

Solutions: