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Last Updated: Oct 20, 2026
No. of Questions: 125 Questions & Answers with Testing Engine
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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Virginia Law & Regulations | - State-specific rules
|
| Land Use Controls & Regulations | - Government restrictions
|
| Real Estate Practice & Ethics | - Professional conduct
|
| Valuation and Market Analysis | - Appraisal concepts
|
| Real Estate Calculations | - Math applications
|
| Contracts | - Real estate contracts
|
| Financing | - Mortgage concepts
|
| Property Ownership | - Types of ownership
|
| Agency Relationships | - Broker-client relationships
|
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
Which of these is a reason a borrower might be offered a subprime loan by a lender?
- A. The borrower's credit report includes numerous delinquencies.
- B. Federal funds rates are high.
- C. A borrower's credit score is too high.
- D. The home is in a low-income neighborhood.
Correct Answer: A 🗳️
Explanation: Only visible for TrainingQuiz members. You can sign-up / login (it's free).
Which of these describes a leasehold estate?
- A. Terrence occupies an apartment he doesn't own. He pays his landlord rent every month.
- B. Jung owns a building. He lives upstairs and runs the store downstairs.
- C. Janet owns a property she inherited from her father. There's a stipulation on the deed that it is only to be used for a residence. Otherwise, it reverts to him.
- D. Shannon lives in her uncle's apartment and has the right to occupy it for the remainder of her life. After that, the property reverts back to her uncte.
Correct Answer: A 🗳️
Explanation: Only visible for TrainingQuiz members. You can sign-up / login (it's free).
Contracts for the initial purchase of a cooperative interest may be rescinded without penalty how many days after either contract ratification or receipt of the POS?
- A. 14 days
- B. 5 days
- C. 10 days
- D. 21 days
Correct Answer: B 🗳️
Explanation: Only visible for TrainingQuiz members. You can sign-up / login (it's free).
Lillian is buying a home for $355,000. She is going to put down $75,000 as her down payment on her conventional loan. Will Lillian be required to pay private mortgage insurance?
- A. No, but it depends solely on her credit score.
- B. Yes, her down payment does not meet the requirements to eliminate PMI.
- C. No, her down payment is large enough to avoid PMI.
- D. Yes, PMI is required until she reaches 50% equity.
Correct Answer: C 🗳️
Explanation: Only visible for TrainingQuiz members. You can sign-up / login (it's free).
In Virginia, agents practicing no agency (transaction coordinators) are sometimes referred to as:
- A. intermediaries
- B. single agents
- C. appraisers
- D. dual agents
Correct Answer: A 🗳️
Explanation: Only visible for TrainingQuiz members. You can sign-up / login (it's free).
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