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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Financing | - Mortgage concepts
|
| Property Ownership | - Types of ownership
|
| Real Estate Calculations | - Math applications
|
| Agency Relationships | - Broker-client relationships
|
| Virginia Law & Regulations | - State-specific rules
|
| Valuation and Market Analysis | - Appraisal concepts
|
| Real Estate Practice & Ethics | - Professional conduct
|
| Contracts | - Real estate contracts
|
| Land Use Controls & Regulations | - Government restrictions
|
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
1. If a condo owner is selling their unit, which of these documents should they present to a buyer?
A) HUD-1
B) Loan Estimate
C) Closing Disclosure
D) resale certificate
2. A partially amortizing loan will include:
A) a balloon payment
B) multiple lenders
C) non-refinancing clauses
D) equal monthly payments that contribute to both principal and interest until the
3. If a partner is only an investor and only has liability up to the amount of their investment, they are considered a:
A) limited partner
B) tenant in partnership
C) general partner
D) tenant in common
4. Per se violations are:
A) acts that are in violation of the TCPA
B) acts that are considered inherently illegal
C) acts that are NOT considered inherentty illegal
D) acts that are in violation of CAN-SPAM
5. In which of these cases should an agent disclose information about someone's HIV/AIDS status?
A) only if the seller or tenant's status has caused the property to be stigmatized
B) Agents should never disclose or inquire about someone's HIV/AIDS status.
C) only when a buyer client insists on knowing this information
D) only if the seller has previously made their HIV or AIDS status public
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: B |




