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

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

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) $2,000
C) six months' rent
D) two months' rent


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


3. One township contains how many sections?

A) 640
B) 36
C) 6
D) 64


4. 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


5. What is the goal of the Sherman Antitrust Act?

A) to promote fair competition on behalf of American consumers
B) to protect consumers against inaccurate and unfair credit billing and credit card practices
C) to ensure the fair treatment of all Americans seeking housing
D) to prohibit deceit, misrepresentations, and other fraud in the sale of securities


Solutions:

Question # 1
Answer: D
Question # 2
Answer: B
Question # 3
Answer: B
Question # 4
Answer: B
Question # 5
Answer: A

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