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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Financing | - Mortgage concepts
|
| Virginia Law & Regulations | - State-specific rules
|
| Contracts | - Real estate contracts
|
| Agency Relationships | - Broker-client relationships
|
| Property Ownership | - Types of ownership
|
| Land Use Controls & Regulations | - Government restrictions
|
| Real Estate Practice & Ethics | - Professional conduct
|
| Valuation and Market Analysis | - Appraisal concepts
|
| Real Estate Calculations | - Math applications
|
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
In order to protect the public interest, Virginia requires real estate professionals to get licenses. What kinds of licenses are offered?
- A. broker, salesperson, and firm
- B. sales agent, broker, and property manager
- C. broker and assistant broker
- D. residential and commercial
Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).
In Virginia, agents practicing no agency (transaction coordinators) are sometimes referred to as:
- A. dual agents
- B. appraisers
- C. intermediaries
- D. single agents
Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).
Stigmatized properties are properties:
- A. with suppressed market value due to their physical condition or features
- B. with suppressed market value due to something that happened on or to the property, rather than the physical condition or features of the property
- C. with market prices far exceeding other similar properties within an area
- D. that are exempt from ad valorem taxes
Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).
Who regulates fair housing advertising?
- A. ECOA
- B. HUD
- C. CRA
- D. HMDA
Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).
The four phases of an environmental site assessment are, in order:
- A. testing, investigation, remediation, management
- B. remediation, investigation, testing, management
- C. management, investigation, testing, remediation
- D. investigation, testing, remediation, management
Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).
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