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

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. Which of these is likely to be the lien with the highest priority?

A) attachment lien
B) mechanic's lien
C) mortgage
D) tax lien

2. The relationship between a property manager and the property owner is most comparable to that of a:

A) cashier with the owner of a store
B) stockholder with the board of directors of a corporation
C) salesperson with their broker
D) tenant with a landlord

3. What is a building permit?

A) document that permits changing the zoning of one small area within the existing zoning
B) document that permits landowners to use land in a way that is typically not permitted by land use restrictions of zoning law
C) written permission from the government to seize private property for public use
D) legal document from a local authority that authorizes a construction or remodeling project

4. The government sends Ken a notice stating that his house and neighborhood will be demolished to build a much- needed water treatment plant. What is the government required to offer Ken in exchange for taking his property?

A) nothing, since it is for the public good
B) whatever Ken asks for
C) whatever they decide is reasonable
D) just compensation

5. Vicarious liability is the common law concept that:

A) a person is liable for the actions of those acting with authority on that individual's behalf
B) agents cannot be held liable for violating fiduciary duties, while brokers can
C) license holders may ONLY be held liable if violations are brought to court
D) brokers are free from taking responsibility for their agents' actions

Solutions: