Real Estate Licensing Virginia-Real-Estate-Salesperson : Virginia Real Estate Salesperson Exam

Virginia-Real-Estate-Salesperson real exams

Exam Code: Virginia-Real-Estate-Salesperson

Exam Name: Virginia Real Estate Salesperson Exam

Updated: Oct 07, 2026

Q & A: 125 Questions and Answers

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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:

SectionObjectives
Topic 1: Agency Relationships- Broker-client relationships
  • 1. Fiduciary duties
    • 2. Disclosure requirements
      Topic 2: Financing- Mortgage concepts
      • 1. Lending regulations basics
        • 2. Loan types and structures
          Topic 3: Virginia Law & Regulations- State-specific rules
          • 1. Virginia real estate statutes
            • 2. DPOR licensing rules
              Topic 4: Property Ownership- Types of ownership
              • 1. Community vs separate property concepts
                • 2. Joint tenancy / tenancy in common
                  Topic 5: Land Use Controls & Regulations- Government restrictions
                  • 1. Environmental regulations
                    • 2. Zoning and building codes
                      Topic 6: Real Estate Practice & Ethics- Professional conduct
                      • 1. Fair housing laws
                        • 2. Ethical practices in transactions
                          Topic 7: Contracts- Real estate contracts
                          • 1. Purchase agreements
                            • 2. Listing agreements
                              Topic 8: Valuation and Market Analysis- Appraisal concepts
                              • 1. Valuation approaches
                                • 2. Comparative Market Analysis (CMA)
                                  Topic 9: Real Estate Calculations- Math applications
                                  • 1. Area and valuation calculations
                                    • 2. Commissions and prorations

                                      Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

                                      Question #1

                                      According to the Virginia Residential Landlord Tenant Act (VRLTA) what is the maximum amount a landlord may keep as a security deposit?

                                      • A. $2,000
                                      • B. one month's rent
                                      • C. six months' rent
                                      • D. two months' rent
                                      Reveal Solution  Discussion  0

                                      Correct Answer: D  🗳️

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                                      Question #2

                                      What rights govern the use of flowing water, such as rivers or streams?

                                      • A. riparian rights
                                      • B. appropriative rights
                                      • C. percolating rights
                                      • D. littoral rights
                                      Reveal Solution  Discussion  0

                                      Correct Answer: A  🗳️

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                                      Question #3

                                      What is the perimeter of a rectangular lot with the dimensions of 40 ft. x 50 ft .?

                                      • A. 90 ft.
                                      • B. 150 ft.
                                      • C. 200 ft.
                                      • D. 180 ft.
                                      Reveal Solution  Discussion  0

                                      Correct Answer: D  🗳️

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                                      Question #4

                                      What is a deed containing the strongest and broadest form of guarantee of title?

                                      • A. bargain and sale deed
                                      • B. general warranty deed
                                      • C. quitclaim deed
                                      • D. special warranty deed
                                      Reveal Solution  Discussion  0

                                      Correct Answer: B  🗳️

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                                      Question #5

                                      Your client is buying a home. At closing, they pull you aside and whisper that the documents they're being asked to sign don't match the Closing Disclosure - suddenly, there are thousands of dollars of new fees. Is this a red flag for predatory lending? Why or why not?

                                      • A. Yes. No client should be paying fees at closing. Those should always be pre-paid to the lender at least three days in advance.
                                      • B. No. As long as the title company has no objections, it doesn't matter if the Closina Disclosure and the real closina documents match.
                                      • C. No. It's normal for lenders to have significant last-minute changes to their fees.
                                      • D. Yes. The fees should match what was on the Closing Disclosure. Otherwise, that's a major red flag.
                                      Reveal Solution  Discussion  0

                                      Correct Answer: D  🗳️

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