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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: National Portion (120 questions) | 80% | - Agency and Fiduciary Duties
|
| Topic 2: Virginia State Portion (30 questions) | 20% | - Virginia Contracts and Practices
|
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
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 🗳️
Explanation: Only visible for ExamsLabs members. You can sign-up / login (it's free).
What would make claims based on a contract unenforceable?
- A. specific performance, rescission, and forfeiture
- B. mutual assent, lawful objective, and reality of consent
- C. assignment, mediation, and arbitration
- D. the statute of limitations and doctrine of laches
Correct Answer: D 🗳️
Explanation: Only visible for ExamsLabs members. You can sign-up / login (it's free).
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. 80 sq. yds.
- C. 41.67 sq. yds.
- D. 125 sq. yds.
Correct Answer: C 🗳️
Explanation: Only visible for ExamsLabs members. You can sign-up / login (it's free).
Which environmental law requires federal agencies to prepare environmental impact assessments and statements before undertaking a potentially impactful act?
- A. Resource Conservation and Recovery Act
- B. The National Environmental Policy Act
- C. The Clean Water Act
- D. The Clean Air Act
Correct Answer: B 🗳️
Explanation: Only visible for ExamsLabs members. You can sign-up / login (it's free).
What was the outcome of Plessy v. Ferguson?
- A. The Supreme Court decided that "separate but equal" separation of the races was legal as long as Black and white facilities were equal.
- B. The Supreme Court decided that racially based zoning was illegal.
- C. The Supreme Court decided that the enforcement of racially based restrictive covenants was illegal.
- D. The Supreme Court decided that racial segregation of children in public schools was illegal.
Correct Answer: A 🗳️
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