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Last Updated: Sep 09, 2026

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Real Estate Licensing Virginia-Real-Estate-Salesperson Practice Q&A's

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

SectionWeightObjectives
National Portion67%- Property Condition and Disclosures
- Practice of Real Estate
- Contracts
- Valuation and Market Analysis
- Real Estate Calculations
- Transfer of Title
- Land Use Controls and Regulations
- Financing
- Property Ownership
- General Principles of Agency
Virginia State Portion33%- Disclosure Requirements
- Escrow Accounts and Trust Funds
- Licensing Requirements and Regulations
- Specific Acts Governing Real Estate Practice
- Agency Definitions and Relationships
- Virginia Fair Housing Law and Regulations

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

Question #1

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

  • A. attachment lien
  • B. tax lien
  • C. mechanic's lien
  • D. mortgage
Answer: B

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Question #2

Which of these is a reason a borrower might be offered a subprime loan by a lender?

  • A. A borrower's credit score is too high.
  • B. The home is in a low-income neighborhood.
  • C. Federal funds rates are high.
  • D. The borrower's credit report includes numerous delinquencies.
Answer: D

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Question #3

Which environmental law requires federal agencies to prepare environmental impact assessments and statements before undertaking a potentially impactful act?

  • A. The Clean Air Act
  • B. The National Environmental Policy Act
  • C. The Clean Water Act
  • D. Resource Conservation and Recovery Act
Answer: B

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Question #4

Siblings Meg and Jack own property together. Meg owns 60% and Jack owns 40%. If Meg dies, her share is inherited by her spouse, not Jack. Based on these facts, what kind of ownership do they have?

  • A. joint tenancy
  • B. ownership in severalty
  • C. tenancy in common
  • D. tenancy by the entirety
Answer: C

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Question #5

The purpose of discount points is:

  • A. to lower the interest rate over the life of the loan
  • B. to lower the amount due at closing
  • C. to lower the property value for purposes of tax savings
  • D. to lock in an interest rate for a specified time prior to closing
Answer: A

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