Study with Real Estate Licensing : Virginia-Real-Estate-Salesperson Exam Torrent as your best preparation materials
Last Updated: Sep 12, 2026
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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Agency Relationships | - Broker-client relationships
|
| Real Estate Practice & Ethics | - Professional conduct
|
| Virginia Law & Regulations | - State-specific rules
|
| Land Use Controls & Regulations | - Government restrictions
|
| Property Ownership | - Types of ownership
|
| Financing | - Mortgage concepts
|
| Contracts | - Real estate contracts
|
| Real Estate Calculations | - Math applications
|
| Valuation and Market Analysis | - Appraisal concepts
|
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
What is a marketable title?
- A. an abbreviated history of a property, including information on any transfers, grants, wills, conveyances, liens, and encumbrances
- B. the official opinion of an attorney regarding the condition of a property's title
- C. a title free from significant encumbrances or defects (such as liens) that might prevent a purchaser from enjoying or eventually selling the property
- D. constructive or actual notice of real property ownership
Correct Answer: C 🗳️
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Rosa is trying to get approved for a loan so she can purchase a new home. What type of value will the lender use to determine whether or not to approve Rosa's loan?
- A. insurable value
- B. appraised value
- C. market value
- D. assessed value
Correct Answer: B 🗳️
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An appraiser will most likely follow all of these steps in their appraisal, EXCEPT:
- A. reconciling the value estimates
- B. setting a listing price for the property
- C. estimating the land value
- D. gathering and recording data
Correct Answer: B 🗳️
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Peter and Ned co-own a type of real estate business together. This business is legally treated the same as a single person, meaning it is technically ownership in severalty. Peter and Ned are also not liable for the organization's debt. What type of business do Peter and Ned own?
- A. limited partnership
- B. general partnership
- C. sole proprietorship
- D. corporation
Correct Answer: D 🗳️
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Which of these types of loans can always be sold on the secondary mortgage market?
- A. conforming loans
- B. loans originated by Fannie Mae
- C. non-conforming loans
- D. jumbo loans
Correct Answer: A 🗳️
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