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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: National Portion (120 questions) | 80% | - Financing and Settlement
|
| Topic 2: Virginia State Portion (30 questions) | 20% | - Virginia-Specific Statutes
|
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
Disclosure is an important part of a brokerage's duties and responsibilities. Which of the following is NOT an important disclosure all brokerages should make?
- A. disclosure of all offers
- B. disclosure of an area's demographics of race and ethnicity
- C. disclosure of financial condition
- D. disclosure of agency
Correct Answer: B 🗳️
Explanation: Only visible for PassSureExam members. You can sign-up / login (it's free).
You're doing a CMA, and your three adjusted comps come in at $345,600, $352,800, and $359,900. What is a reasonable range to suggest for a listing price?
- A. $330.000-$345,000
- B. $345.000-$360.000
- C. $300,000-$330,000
- D. $360.000-$375,000
Correct Answer: B 🗳️
Explanation: Only visible for PassSureExam members. You can sign-up / login (it's free).
A legally competent party to a contract will:
- A. not be mentally incompetent or intoxicated by drugs or alcohol and have legal representation
- B. have reached the age of majority and not be mentally incompetent or intoxicated by drugs or alcohol
- C. have reached the age of majority and be literate
- D. be literate and not be mentally incompetent or intoxicated by drugs or alcohol
Correct Answer: B 🗳️
Explanation: Only visible for PassSureExam members. You can sign-up / login (it's free).
An appraiser will most likely follow all of these steps in their appraisal, EXCEPT:
- A. reconciling the value estimates
- B. estimating the land value
- C. gathering and recording data
- D. setting a listing price for the property
Correct Answer: D 🗳️
Explanation: Only visible for PassSureExam members. You can sign-up / login (it's free).
If a condo owner is selling their unit, which of these documents should they present to a buyer?
- A. Loan Estimate
- B. Closing Disclosure
- C. resale certificate
- D. HUD-1
Correct Answer: C 🗳️
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