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

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Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. Alexa and Harrison have gone over every term and condition in the contract they have drawn up for the sale of Alexa's racehorse to Harrison. Neither party has any questions or desire to change anything about the agreement. Which essential element of a valid contract appears to have been realized?

A) consideration
B) lawful objective
C) reality of consent
D) mutual assent

2. Larry's new tenant, who uses a wheelchair, asks Larry to install grab bars in the bathtub, as well as lowered light switches. The tenant is asking for:

A) accommodations, and Larry must pay for them, no matter the expense
B) modifications, and Larry can require that the tenant pay for their installation
C) bias, and Larry is not obligated to complete the request
D) injunctions, and the Americans with Disabilities Act (ADA) will cover the cost

3. 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

4. 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) 125 sq. yds.
B) 80 sq. yds.
C) 375 sq. yds.
D) 41.67 sq. yds.

5. In addition to evaluating borrower creditworthiness, to complete the loan approval process, the underwriter needs to evaluate the:

A) tender
B) seller
C) property
D) broker

Solutions: