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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, a supervising broker is:

A) the licensed broker of a firm who takes responsibility for the actions of the firm and licensees; there is only one in the firm
B) a broker who has been designated by a principal broker to oversee the provision of real estate brokerage services by associate brokers and salespersons assigned to a branch office or a real estate team
C) a broker who opts to work under another broker and has no agents assigned to them
D) a broker who is NOT affiliated with the brokerage representing a principal in a real estate transaction

2. One township contains how many sections?

A) 6
B) 36
C) 640
D) 64

3. Stigmatized properties are properties:

A) with suppressed market value due to something that happened on or to the property, rather than the physical condition or features of the property
B) that are exempt from ad valorem taxes
C) with market prices far exceeding other similar properties within an area
D) with suppressed market value due to their physical condition or features

4. Which of these is a federal law that aims to protect people and the environment from the harmful effects of air pollution?

A) Clean Air Act
B) Superfund Amendments and Reauthorization Act
C) Safe Drinking Water Act
D) CERCLA

5. A partially amortizing loan will include:

A) multiple lenders
B) a balloon payment
C) non-refinancing clauses
D) equal monthly payments that contribute to both principal and interest until the

Solutions: