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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| National Portion (120 questions) | 80% | - Agency and Fiduciary Duties
|
| Virginia State Portion (30 questions) | 20% | - Virginia-Specific Statutes
|
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
What is the goal of the Sherman Antitrust Act?
- A. to ensure the fair treatment of all Americans seeking housing
- B. to prohibit deceit, misrepresentations, and other fraud in the sale of securities
- C. to promote fair competition on behalf of American consumers
- D. to protect consumers against inaccurate and unfair credit billing and credit card practices
Correct Answer: C 🗳️
Explanation: Only visible for Lead2PassExam members. You can sign-up / login (it's free).
Per se violations are:
- A. acts that are in violation of CAN-SPAM
- B. acts that are considered inherently illegal
- C. acts that are in violation of the TCPA
- D. acts that are NOT considered inherentty illegal
Correct Answer: B 🗳️
Explanation: Only visible for Lead2PassExam members. You can sign-up / login (it's free).
Alex is supposed to decide by 6 p.m. Tuesday if she wants to exercise her option to terminate the purchase agreement of the home she is buying. Alex can't make up her mind, but on Wednesday, 10 a.m., she finally makes a decision: She wants to terminate. Can she?
- A. No, because the phrase "as is" is included in the contract.
- B. Yes, because the phrase "subject to" is included in the contract.
- C. Yes, because the phrase "caveat emptor" is included in the contract.
- D. No, because the phrase "time is of the essence" is included in the contract.
Correct Answer: D 🗳️
Explanation: Only visible for Lead2PassExam members. You can sign-up / login (it's free).
An opinion of title, a certificate of title, a Torrens certificate, and title insurance are all examples of:
- A. chain of title
- B. evidence of title
- C. cloud on a title
- D. equitable title
Correct Answer: B 🗳️
Explanation: Only visible for Lead2PassExam members. You can sign-up / login (it's free).
All of the following are examples of legal descriptions of property EXCEPT:
- A. Lot E, Block 14 of West Lake Village, Orange County, Texas
- B. 8647 Notting Hill Drive, Berkshire, Colorado 52467
- C. Lot A, Block 2 of Shady Tree Subdivision, Madison County, Wisconsin
- D. SW 1/4 of NW 1/4 of NE 1/2 of T3N R4E of Meridian 16
Correct Answer: B 🗳️
Explanation: Only visible for Lead2PassExam members. You can sign-up / login (it's free).
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