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Real Estate Licensing Virginia Real Estate Salesperson - Virginia-Real-Estate-Salesperson Exam Questions

Page: 1 / 14
Total 125 questions

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QUESTION NO: 1
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. amendment B. nonconforming use C. conditional-use permit D. area variance

Correct Answer: B

Explanation: Only visible for Pass4Test members. You can sign-up / login (it's free).

QUESTION NO: 2
Which of these is an example of a deed restriction?

A. The city denies Darren a permit to open a pawn shop in a residential area. B. A restriction in one subdivision development specifies that no boats or recreational vehicles may be kept on the street, driveway, or lot. C. Demi is required to file an environmental impact statement with the city before building a new subdivision. D. Donald is required by the municipal government to have a certain number of bathrooms in his business.

Correct Answer: B

Explanation: Only visible for Pass4Test members. You can sign-up / login (it's free).

QUESTION NO: 3
A deed in lieu of foreclosure is often referred to as a "friendly foreclosure" because:

A. This alternative to foreclosure is handled by legal representatives known as "friends of the court." B. This alternative to foreclosure only takes place when the foreclosure sale buyer is a friend or family member. C. This alternative to foreclosure requires the agreement and cooperation of both lender and borrower. D. This alternative to foreclosure is an option only available to friends or family of the lender.

Correct Answer: C

Explanation: Only visible for Pass4Test members. You can sign-up / login (it's free).

QUESTION NO: 4
Janay lives in and is licensed as a salesperson in North Carolina but wants to practice real estate in Virginia. Which of the following is true?

A. The REB does not recognize or transfer licenses from other states, so Janay will need to complete all salesperson pre-licensure requirements. B. The REB requires real estate professionals to have residency in the state of Virginia, so Janay cannot practice in Virginia. C. The REB will require Janay to take a special licensing course for out-of-state residents. D. Janay only needs to take and pass the state portion of the licensing exam.

Correct Answer: D

Explanation: Only visible for Pass4Test members. You can sign-up / login (it's free).

QUESTION NO: 5
Which of these is a person who is licensed to represent one of the parties in a real estate transaction in exchange for a commission or other valuable consideration?

A. assistant broker B. appraiser C. salesperson D. broker

Correct Answer: D

Explanation: Only visible for Pass4Test members. You can sign-up / login (it's free).

QUESTION NO: 6
What is the legal doctrine by which the decedent's property will pass to the state without their consent if that individual dies without a will, a surviving spouse, lineal descendants, or other known heirs?

A. escheat B. variance C. eminent domain D. police power

Correct Answer: A

Explanation: Only visible for Pass4Test members. You can sign-up / login (it's free).

QUESTION NO: 7
Per se violations are:

A. acts that are in violation of CAN-SPAM B. acts that are considered inherently illegal C. acts that are NOT considered inherentty illegal D. acts that are in violation of the TCPA

Correct Answer: B

Explanation: Only visible for Pass4Test members. You can sign-up / login (it's free).

QUESTION NO: 8
Any non-natural structure built on or affixed to land is an:

A. emblements B. improvement C. encumbrance D. appurtenance

Correct Answer: B

Explanation: Only visible for Pass4Test members. You can sign-up / login (it's free).

QUESTION NO: 9
Clarence owns three rental homes he doesn't have time to oversee himself. He decides to hire George to take care of his rental units in the hopes of maximizing the return on his investment. What role is George filling?

A. sponsoring broker B. broker's agent C. appraisal manager D. property manager

Correct Answer: D

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Page: 1 / 14
Total 125 questions

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