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

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

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

A) one month's rent
B) six months' rent
C) two months' rent
D) $2,000

2. An area has been rezoned as residential, but a neighborhood store has been legacied in and allowed to continue its business.
This is an example of:

A) conditional-use permit
B) nonconforming use
C) area variance
D) amendment

3. Vicarious liability is the common law concept that:

A) brokers are free from taking responsibility for their agents' actions
B) license holders may ONLY be held liable if violations are brought to court
C) agents cannot be held liable for violating fiduciary duties, while brokers can
D) a person is liable for the actions of those acting with authority on that individual's behalf

4. Sellers and license holders are required to disclose lead- based paint hazards on all properties built before:

A) 1976
B) 1978
C) 1974
D) 1972

5. Disclosure is an important part of a brokerage's duties and responsibilities. Which of the following is NOT an important disclosure all brokerages should make?

A) disclosure of an area's demographics of race and ethnicity
B) disclosure of agency
C) disclosure of all offers
D) disclosure of financial condition

Solutions: