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

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. What is a deed containing the strongest and broadest form of guarantee of title?

A) general warranty deed
B) quitclaim deed
C) bargain and sale deed
D) special warranty deed

2. Janay lives in and is licensed as a salesperson in North Carolina but wants to practice real estate in Virginia. Which of the following is true?

A) The REB does not recognize or transfer licenses from other states, so Janay will need to complete all salesperson pre-licensure requirements.
B) The REB requires real estate professionals to have residency in the state of Virginia, so Janay cannot practice in Virginia.
C) Janay only needs to take and pass the state portion of the licensing exam.
D) The REB will require Janay to take a special licensing course for out-of-state residents.

3. How is a promissory note secured?

A) by the disbursement of funds
B) by the attachment of a mortgage-backed security
C) by referencing a security instrument
D) by the statute of frauds

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) express
B) implied
C) unilateral
D) written

5. 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) consideration
C) mutual assent
D) lawful objective

Solutions: