Try Real Estate Licensing : Virginia-Real-Estate-Salesperson valid & accurate questions and answers

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

Certification Vendor:Virginia Department of Professional and Occupational Regulation (DPOR) / PSI
Exam Name:Virginia Real Estate Salesperson Exam
Exam Number:VA-REAL-EST-SP
Certificate Validity Period:Indefinite (license must be renewed per state requirements)
Exam Format:Multiple choice, Computer-based testing, Two-part exam (National + State)
Exam Price:$60 USD
Related Certifications:Virginia Real Estate Broker License
Virginia Real Estate Principles of Real Estate (Pre-licensing)
Real Exam Qty:120 (80 national + 40 state)
Exam Duration:150 (approx. 105 min national + 45 min state)
Passing Score:National: 70% (56/80), State: 75% (30/40)
Available Languages:English
Recommended Training:Virginia Real Estate Pre-Licensing Courses
Real Estate Exam Prep (Virginia)
Exam Registration:Virginia DPOR Real Estate Board
PSI Exams Registration
Sample Questions:Real Estate Licensing Virginia-Real-Estate-Salesperson Sample Questions
Exam Way:Computer-based exam at PSI testing centers or online proctored exam
Pre Condition:Must complete 60-hour Principles of Real Estate pre-licensing course approved by Virginia DPOR and be at least 18 years old (or meet reciprocity requirements if licensed elsewhere).
Official Syllabus URL:https://www.dpor.virginia.gov/Boards/Real-Estate

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

SectionObjectives
Topic 1: Contracts- Real estate contracts
  • 1. Purchase agreements
    • 2. Listing agreements
      Topic 2: Virginia Law & Regulations- State-specific rules
      • 1. Virginia real estate statutes
        • 2. DPOR licensing rules
          Topic 3: Land Use Controls & Regulations- Government restrictions
          • 1. Environmental regulations
            • 2. Zoning and building codes
              Topic 4: Property Ownership- Types of ownership
              • 1. Joint tenancy / tenancy in common
                • 2. Community vs separate property concepts
                  Topic 5: Real Estate Calculations- Math applications
                  • 1. Area and valuation calculations
                    • 2. Commissions and prorations
                      Topic 6: Valuation and Market Analysis- Appraisal concepts
                      • 1. Valuation approaches
                        • 2. Comparative Market Analysis (CMA)
                          Topic 7: Financing- Mortgage concepts
                          • 1. Loan types and structures
                            • 2. Lending regulations basics
                              Topic 8: Real Estate Practice & Ethics- Professional conduct
                              • 1. Ethical practices in transactions
                                • 2. Fair housing laws
                                  Topic 9: Agency Relationships- Broker-client relationships
                                  • 1. Disclosure requirements
                                    • 2. Fiduciary duties

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


                                      2. One township contains how many sections?

                                      A) 6
                                      B) 640
                                      C) 64
                                      D) 36


                                      3. What is the goal of the Sherman Antitrust Act?

                                      A) to protect consumers against inaccurate and unfair credit billing and credit card practices
                                      B) to ensure the fair treatment of all Americans seeking housing
                                      C) to promote fair competition on behalf of American consumers
                                      D) to prohibit deceit, misrepresentations, and other fraud in the sale of securities


                                      4. An agreement that gives only one broker and the owner the right to sell the property is called a(n):

                                      A) open listing
                                      B) exclusive agency listing
                                      C) exclusive right-to-sell listing
                                      D) net listing


                                      5. In which of these cases should an agent disclose information about someone's HIV/AIDS status?

                                      A) Agents should never disclose or inquire about someone's HIV/AIDS status.
                                      B) only when a buyer client insists on knowing this information
                                      C) only if the seller has previously made their HIV or AIDS status public
                                      D) only if the seller or tenant's status has caused the property to be stigmatized


                                      Solutions:

                                      Question # 1
                                      Answer: B
                                      Question # 2
                                      Answer: D
                                      Question # 3
                                      Answer: C
                                      Question # 4
                                      Answer: C
                                      Question # 5
                                      Answer: A

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