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Virginia-Real-Estate-Salesperson PDF Practice Q&A's
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- Total Questions: 125
- Updated on: Sep 10, 2026
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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| National Portion | 67% | - Land Use Controls and Regulations - Valuation and Market Analysis - General Principles of Agency - Real Estate Calculations - Property Condition and Disclosures - Contracts - Financing - Transfer of Title - Practice of Real Estate - Property Ownership |
| Virginia State Portion | 33% | - Escrow Accounts and Trust Funds - Licensing Requirements and Regulations - Specific Acts Governing Real Estate Practice - Virginia Fair Housing Law and Regulations - Agency Definitions and Relationships - Disclosure Requirements |
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
What is unique about an exclusive right-to-sell listing agreement?
- A. The broker acts as a general agent for the client in all business dealings.
- B. The broker represents both the seller and the buyer.
- C. The broker gets compensation regardless of who sells the property.
- D. There are multiple brokers working to sell the same property.
Correct Answer: C 🗳️
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
What do ostensible agency and agency by estoppel have in common?
- A. They both arise when a third party correctly believes that agency exists between a principal and an agent.
- B. They are both forms of third-party agency no longer recognized in the U.S.
- C. They both concern a third party's decision to go unrepresented in a transaction.
- D. They both arise when a third party is ted to mistakenly believe that agency exists between a principal and an agent.
Correct Answer: D 🗳️
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
A form of insurance that protects the policyholder by covering any losses they might incur as a result of theft or fraud by specified individuals is:
- A. a risk management bond
- B. a fidelity bond
- C. a security bond
- D. a liability bond
Correct Answer: B 🗳️
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The subject property has a pool valued at $30,000 and two bathrooms valued at $10,000 each. Comp 1 does not have a pool and has one less bathroom than the subject property.
What adjustments should be made to Comp 1's value?
- A. subtract $20,000 from Comp 1's value
- B. add $20,000 to Comp 1's value
- C. add $40,000 to Comp 1's value
- D. subtract $40,000 from Comp 1's value
Correct Answer: C 🗳️
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
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. escheat
- B. police power
- C. variance
- D. eminent domain
Correct Answer: A 🗳️
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
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