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

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. Clarence owns three rental homes he doesn't have time to oversee himself. He decides to hire George to take care of his rental units in the hopes of maximizing the return on his investment. What role is George filling?

A) sponsoring broker
B) property manager
C) appraisal manager
D) broker's agent

2. Ben would like to construct a restaurant on a parcel of land. This particular parcel is not zoned for commercial use. Ben should go to the city and seek a(n):

A) deferrence
B) encroachment
C) use variance
D) exemption

3. What was the outcome of Plessy v. Ferguson?

A) The Supreme Court decided that the enforcement of racially based restrictive covenants was illegal.
B) The Supreme Court decided that racial segregation of children in public schools was illegal.
C) The Supreme Court decided that "separate but equal" separation of the races was legal as long as Black and white facilities were equal.
D) The Supreme Court decided that racially based zoning was illegal.

4. What is a management proposal?

A) a report prepared by the property manager that informs the property owner(s) of their property's expenses, income, and disbursements
B) a budget for variable expenses
C) a subdivision plan that includes residential dwellings along with nonresidential real estate
D) a plan a property manager creates for managing a property, including an analysis of the market, financial standing, and operating budget

5. Marty, who is not a real estate agent, owns a duplex. He lives in one unit and rents out the other. He turns down a\family with small children as tenants because he doesn't want to deal with noise. Evaluate the situation.

A) Marty has violated the Fair Housing Act on grounds of parental status protections.
B) Marty has done nothing wrong. This housing situation is exempt from the Fair Housing Act.
C) Marty has violated the Fair Housing Act on grounds of familial status protections.
D) Marty has violated the Fair Housing Act on grounds of marital status protections.

Solutions: