- Exam Code: Virginia-Real-Estate-Salesperson
- Exam Name: Virginia Real Estate Salesperson Exam
- Updated: Oct 06, 2026
- Q & A: 125 Questions and Answers
Real Estate Licensing Virginia Real Estate Salesperson : Virginia-Real-Estate-Salesperson valid dump
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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: National Portion | 67% | - Valuation and Market Analysis - Property Ownership - Financing - Real Estate Calculations - Property Condition and Disclosures - Transfer of Title - Contracts - General Principles of Agency - Land Use Controls and Regulations - Practice of Real Estate |
| Topic 2: Virginia State Portion | 33% | - Licensing Requirements and Regulations - Virginia Fair Housing Law and Regulations - Specific Acts Governing Real Estate Practice - Escrow Accounts and Trust Funds - Disclosure Requirements - Agency Definitions and Relationships |
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
Question #1
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 all offers
- B. disclosure of an area's demographics of race and ethnicity
- C. disclosure of financial condition
- D. disclosure of agency
Correct Answer: B 🗳️
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Question #2
One township contains how many sections?
- A. 6
- B. 640
- C. 64
- D. 36
Correct Answer: D 🗳️
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Question #3
What are mortgage-backed securities?
- A. investment instruments that have packaged mortgages as collateral
- B. the rights to real property being held by one party for the benefit of another
- C. promissory notes that reference a security instrument
- D. notices that acknowledge a borrower's debt to the lender and promise to repay the holder of the note
Correct Answer: A 🗳️
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Question #4
In Virginia, the grantor tax rate is currently $0.50 per $500 of the sales price. How much would the taxes be on a $756,000 home purchase?
- A. $756
- B. $15,120
- C. $1,512
- D. $7,560
Correct Answer: A 🗳️
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Question #5
All of the following are examples of legal descriptions of property EXCEPT:
- A. 8647 Notting Hill Drive, Berkshire, Colorado 52467
- B. Lot E, Block 14 of West Lake Village, Orange County, Texas
- C. SW 1/4 of NW 1/4 of NE 1/2 of T3N R4E of Meridian 16
- D. Lot A, Block 2 of Shady Tree Subdivision, Madison County, Wisconsin
Correct Answer: A 🗳️
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