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Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. An opinion of title, a certificate of title, a Torrens certificate, and title insurance are all examples of:

A) evidence of title
B) cloud on a title
C) equitable title
D) chain of title

2. Arnav is interested in a residential property because he loves the antique light fixtures installed in every room. Corey is the license holder helping Arnav find a property. Which of the following is MOST TRUE about Corey's situation?

A) Corey should specify in writing whether the light fixtures are the seller's personal property.
B) Corey should specify verbally whether the light fixtures are the seller's personal property.
C) Corey should mention the light fixtures to his sponsoring broker in case issues come up later.
D) Corey should not address the light fixtures, as it is safe to assume light fixtures will convey with the property title.

3. An licensee in Virginia writes an online ad. It MUST include all of the below:

A) the licensee's name and the name of the firm in which the licensee is active
B) the licensee's name, the name of the firm in which the licensee is active, the city and state in which the licensee's place of business is located, and the licensee's phone number
C) the licensee's name, and the city and state in which the licensee's place of business is located
D) the licensee's name, the name of the firm in which the licensee is active, and the city and state in which the licensee's place of business is located

4. Alana is renting a three-bedroom home for one year. Alana is the:

A) tenant or lessor
B) optionor
C) tenant or lessee
D) holdover tenant

5. 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

Solutions: