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Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. The creation of express agency is best handled via a(n):

A) listing agreement or ratified actions
B) oral agreement or ratified actions
C) oral agreement or buyer representation agreement
D) listing agreement or buyer representation agreement

2. What is the purpose of the Do Not Call Registry?

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

3. If a condo owner is selling their unit, which of these documents should they present to a buyer?

A) resale certificate
B) HUD-1
C) Loan Estimate
D) Closing Disclosure

4. When an individual hails a cab and tells the driver where they want to be taken, that passenger has entered into what kind of contract?

A) unilateral
B) implied
C) written
D) express

5. What does the VRLTA aim to do?

A) establish uniform laws to regulate leasehold interests and improve leasing practices in Virginia
B) regulate owner-occupied REO properties in Virginia
C) monitor commercial leasing practices in Virginia
D) regulate landlord maintenance practices for industrial warehouses across the United States

Solutions: