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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 a federal law that aims to protect people and the environment from the harmful effects of air pollution?

A) Clean Air Act
B) CERCLA
C) Safe Drinking Water Act
D) Superfund Amendments and Reauthorization Act

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

3. Mindy experienced a foreclosure process that included being named as a defendant in a lawsuit by her lender and seeing her home sold in a foreclosure sale. From that information, what can you guess about the category of foreclosure used and who holds the title to the property?

A) A judicial foreclosure was necessary because the lender holds the title.
B) A nonjudicial foreclosure was necessary because a trustee holds the title.
C) A judicial foreclosure was necessary because Mindy holds the title.
D) A nonjudicial foreclosure was necessary because Mindy holds the title.

4. Any non-natural structure built on or affixed to land is an:

A) emblements
B) encumbrance
C) appurtenance
D) improvement

5. A type of (usually commercial) lease in which the tenant pays a base rent amount and a percentage of their business profits to the landlord is a:

A) ground lease
B) net lease
C) gross lease
D) percentage lease

Solutions: