Real Estate Licensing Virginia-Real-Estate-Salesperson Questions & Answers - in .pdf
- Total Q&A: 125
- Update: Sep 06, 2025
- Price: $59.99
- Vendor: Real Estate Licensing
- Exam Code: Virginia-Real-Estate-Salesperson
- Exam Name: Virginia Real Estate Salesperson Exam
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Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
1. Vicarious liability is the common law concept that:
A) license holders may ONLY be held liable if violations are brought to court
B) brokers are free from taking responsibility for their agents' actions
C) agents cannot be held liable for violating fiduciary duties, while brokers can
D) a person is liable for the actions of those acting with authority on that individual's behalf
2. What is unique about an exclusive right-to-sell listing agreement?
A) The broker gets compensation regardless of who sells the property.
B) There are multiple brokers working to sell the same property.
C) The broker represents both the seller and the buyer.
D) The broker acts as a general agent for the client in all business dealings.
3. In which of these cases should an agent disclose information about someone's HIV/AIDS status?
A) only when a buyer client insists on knowing this information
B) only if the seller has previously made their HIV or AIDS status public
C) Agents should never disclose or inquire about someone's HIV/AIDS status.
D) only if the seller or tenant's status has caused the property to be stigmatized
4. In Virginia, how many years do records need to be kept for?
A) five years
B) two years
C) three years
D) one year
5. Which of these ownership concepts gives each co-owner the right to possession of the whole property?
A) equitable interest
B) sole proprietorship
C) undivided interest
D) unity of time
Solutions:
Question # 1
Answer: D | Question # 2
Answer: A | Question # 3
Answer: C | Question # 4
Answer: C | Question # 5
Answer: C |
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