Try and practice the latest Real Estate Licensing : Virginia-Real-Estate-Salesperson real questions & answers

Updated: Oct 08, 2026

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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Overview:

Certification Vendor:Virginia Department of Professional and Occupational Regulation (DPOR)
Exam Name:Virginia Real Estate Salesperson Examination
Exam Number:VRE
Related Certifications:Virginia Real Estate Broker License
Passing Score:70%
Certificate Validity Period:2 years (must renew with DPOR)
Exam Duration:240 (4 hours)
Available Languages:English
Exam Format:National Portion + State Portion, Multiple Choice
Exam Price:$50 per attempt
Real Exam Qty:150
Sample Questions:Real Estate Licensing Virginia-Real-Estate-Salesperson Sample Questions
Exam Way:Computer-based testing at PSI testing centers
Pre Condition:Must complete 60 hours of approved pre-licensing education (30 hours of basic principles and 30 hours of practices); must be sponsored by a licensed real estate broker in Virginia
Official Syllabus URL:https://www.dpor.virginia.gov/boards/real-estate/

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

SectionWeightObjectives
Topic 1: Virginia State Portion (30 questions)20%- Virginia Real Estate License Law
  • 1. License renewal and continuing education
  • 2. Virginia Real Estate Board regulations
  • 3. Licensing requirements and procedures
- Virginia-Specific Statutes
  • 1. State-specific disclosure requirements
  • 2. Virginia Real Estate License Act
  • 3. Virginia fair housing regulations
- Virginia Contracts and Practices
  • 1. Virginia-specific contract requirements
  • 2. Common law vs. statutory requirements
Topic 2: National Portion (120 questions)80%- Contracts and Agreements
  • 1. Listing agreements
  • 2. Contract formation and requirements
  • 3. Purchase and sale agreements
  • 4. Lease agreements
- Property Ownership and Land Use
  • 1. Land characteristics and types
  • 2. Encumbrances and liens
  • 3. Property ownership forms
  • 4. Zoning and land use regulations
- Property Disclosures and Valuations
  • 1. Property valuation methods
  • 2. Comparative market analysis
  • 3. Material disclosure requirements
- Practice and Ethics
  • 1. Fair housing laws
  • 2. Trust fund handling
  • 3. License law requirements
  • 4. Ethics and professional conduct
- Financing and Settlement
  • 1. Mortgage types and financing
  • 2. Closing costs
  • 3. Settlement procedures
  • 4. Loan application process
- Property Transfer and Title
  • 1. Title insurance
  • 2. Deeds and ownership transfer
  • 3. Title transfer procedures
- Agency and Fiduciary Duties
  • 1. Agency relationships
  • 2. Agent duties to clients and customers
  • 3. Fiduciary responsibilities

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

Question #1

The creation of express agency is best handled via a(n):

  • A. oral agreement or ratified actions
  • B. listing agreement or buyer representation agreement
  • C. listing agreement or ratified actions
  • D. oral agreement or buyer representation agreement
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #2

What are mortgage-backed securities?

  • A. the rights to real property being held by one party for the benefit of another
  • B. promissory notes that reference a security instrument
  • C. investment instruments that have packaged mortgages as collateral
  • D. notices that acknowledge a borrower's debt to the lender and promise to repay the holder of the note
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #3

Which of the following is NOT an option that a seller has after receiving a counteroffer?

  • A. accept the offer
  • B. allow the offer to expire
  • C. reject the offer in writing
  • D. discharge the contract
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #4

Four investors agree to co-ownership of an investment property. They have arranged the ownership structure so that if one of them dies, the decedent's ownership stake passes to the remaining investors. What form of co-ownership do the investors have?

  • A. sole ownership
  • B. joint tenancy
  • C. community property
  • D. tenants in common
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

When must a lender provide borrowers with a Closing Disclosure?

  • A. at least three business days before the consummation of the loan
  • B. on the day of closing
  • C. at least five business days after consummation of the loan
  • D. at the end of the closing ceremony
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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