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Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. Norah just purchased a warehouse with dimensions of 25 ft. by 15 ft. She wants to carpet the floor. How many square YARDS of carpet does she need?

A) 375 sq. yds.
B) 125 sq. yds.
C) 41.67 sq. yds.
D) 80 sq. yds.

2. According to the Virginia Residential Landlord Tenant Act (VRLTA) what is the maximum amount a landlord may keep as a security deposit?

A) $2,000
B) two months' rent
C) one month's rent
D) six months' rent

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

A) allow the offer to expire
B) discharge the contract
C) accept the offer
D) reject the offer in writing

4. 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 agency
C) disclosure of financial condition
D) disclosure of an area's demographics of race and ethnicity

5. Which listing agreement allows multiple real estate brokers (and the owners themselves) the right to sell the property, with a commission being paid to whoever is the procuring cause of the sale?

A) open listing
B) exclusive right-to-sell listing
C) exclusive agency listing
D) net listing

Solutions: