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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Property Ownership | - Types of ownership
|
| Topic 2: Real Estate Practice & Ethics | - Professional conduct
|
| Topic 3: Agency Relationships | - Broker-client relationships
|
| Topic 4: Financing | - Mortgage concepts
|
| Topic 5: Virginia Law & Regulations | - State-specific rules
|
| Topic 6: Valuation and Market Analysis | - Appraisal concepts
|
| Topic 7: Contracts | - Real estate contracts
|
| Topic 8: Land Use Controls & Regulations | - Government restrictions
|
| Topic 9: Real Estate Calculations | - Math applications
|
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
A partially amortizing loan will include:
- A. equal monthly payments that contribute to both principal and interest until the
- B. multiple lenders
- C. a balloon payment
- D. non-refinancing clauses
Correct Answer: C 🗳️
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What is one way that a contract for deed differs from a standard real estate sales contract?
- A. A contract for deed's purchase price section details the buyer's payment plan to the seller.
- B. A contract for deed includes a section about a flip tax.
- C. A contract for deed has the purchase price in it.
- D. A contract for deed includes a financing clause.
Correct Answer: A 🗳️
Explanation: Only visible for PassReview members. You can sign-up / login (it's free).
What is a building permit?
- A. legal document from a local authority that authorizes a construction or remodeling project
- B. document that permits changing the zoning of one small area within the existing zoning
- C. document that permits landowners to use land in a way that is typically not permitted by land use restrictions of zoning law
- D. written permission from the government to seize private property for public use
Correct Answer: A 🗳️
Explanation: Only visible for PassReview members. You can sign-up / login (it's free).
What is a management proposal?
- A. a plan a property manager creates for managing a property, including an analysis of the market, financial standing, and operating budget
- B. a report prepared by the property manager that informs the property owner(s) of their property's expenses, income, and disbursements
- C. a subdivision plan that includes residential dwellings along with nonresidential real estate
- D. a budget for variable expenses
Correct Answer: A 🗳️
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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. Superfund Amendments and Reauthorization Act
- C. Safe Drinking Water Act
- D. CERCLA
Correct Answer: A 🗳️
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