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

Exam Code: Virginia-Real-Estate-Salesperson

Exam Name: Virginia Real Estate Salesperson Exam

Updated: Sep 26, 2026

Q & A: 125 Questions and Answers

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

SectionObjectives
Real Estate Calculations- Math applications
  • 1. Area and valuation calculations
    • 2. Commissions and prorations
      Land Use Controls & Regulations- Government restrictions
      • 1. Zoning and building codes
        • 2. Environmental regulations
          Agency Relationships- Broker-client relationships
          • 1. Fiduciary duties
            • 2. Disclosure requirements
              Valuation and Market Analysis- Appraisal concepts
              • 1. Comparative Market Analysis (CMA)
                • 2. Valuation approaches
                  Real Estate Practice & Ethics- Professional conduct
                  • 1. Fair housing laws
                    • 2. Ethical practices in transactions
                      Financing- Mortgage concepts
                      • 1. Lending regulations basics
                        • 2. Loan types and structures
                          Virginia Law & Regulations- State-specific rules
                          • 1. Virginia real estate statutes
                            • 2. DPOR licensing rules
                              Property Ownership- Types of ownership
                              • 1. Joint tenancy / tenancy in common
                                • 2. Community vs separate property concepts
                                  Contracts- Real estate contracts
                                  • 1. Listing agreements
                                    • 2. Purchase agreements

                                      Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

                                      Question #1

                                      What is the purpose of the Do Not Call Registry?

                                      • A. It has three main truth-in-advertising provisions.
                                      • B. It governs the use of commercial email advertising.
                                      • C. It regulates telemarketing activities from commercial organizations.
                                      • D. It bans bait-and-switch ads.
                                      Reveal Solution  Discussion  0

                                      Correct Answer: C  🗳️

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                                      Question #2

                                      Stigmatized properties are properties:

                                      • A. with market prices far exceeding other similar properties within an area
                                      • B. with suppressed market value due to their physical condition or features
                                      • C. that are exempt from ad valorem taxes
                                      • D. with suppressed market value due to something that happened on or to the property, rather than the physical condition or features of the property
                                      Reveal Solution  Discussion  0

                                      Correct Answer: D  🗳️

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                                      Question #3

                                      Sellers and license holders are required to disclose lead- based paint hazards on all properties built before:

                                      • A. 1978
                                      • B. 1972
                                      • C. 1976
                                      • D. 1974
                                      Reveal Solution  Discussion  0

                                      Correct Answer: A  🗳️

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                                      Question #4

                                      In which of these cases should an agent disclose information about someone's HIV/AIDS status?

                                      • A. only when a buyer client insists on knowing this information
                                      • B. Agents should never disclose or inquire about someone's HIV/AIDS status.
                                      • C. only if the seller or tenant's status has caused the property to be stigmatized
                                      • D. only if the seller has previously made their HIV or AIDS status public
                                      Reveal Solution  Discussion  0

                                      Correct Answer: B  🗳️

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                                      Question #5

                                      Any non-natural structure built on or affixed to land is an:

                                      • A. appurtenance
                                      • B. improvement
                                      • C. encumbrance
                                      • D. emblements
                                      Reveal Solution  Discussion  0

                                      Correct Answer: B  🗳️

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