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

Section

Weight

Objectives

Virginia State Portion (30 questions)

20%

- Virginia Contracts and Practices

1. Common law vs. statutory requirements
2. Virginia-specific contract requirements

- Virginia-Specific Statutes

1. Virginia Real Estate License Act
2. Virginia fair housing regulations
3. State-specific disclosure requirements

- Virginia Real Estate License Law

1. Virginia Real Estate Board regulations
2. Licensing requirements and procedures
3. License renewal and continuing education

National Portion (120 questions)

80%

- Financing and Settlement

1. Settlement procedures
2. Closing costs
3. Loan application process
4. Mortgage types and financing

- Property Disclosures and Valuations

1. Material disclosure requirements
2. Property valuation methods
3. Comparative market analysis

- Contracts and Agreements

1. Purchase and sale agreements
2. Listing agreements
3. Contract formation and requirements
4. Lease agreements

- Practice and Ethics

1. License law requirements
2. Fair housing laws
3. Ethics and professional conduct
4. Trust fund handling

- Agency and Fiduciary Duties

1. Fiduciary responsibilities
2. Agent duties to clients and customers
3. Agency relationships

- Property Transfer and Title

1. Title transfer procedures
2. Deeds and ownership transfer
3. Title insurance

- Property Ownership and Land Use

1. Zoning and land use regulations
2. Property ownership forms
3. Land characteristics and types
4. Encumbrances and liens

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

Question #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

Reveal Solution Discussion 0

Correct Answer: D 🗳️