Prepare Virginia Real Estate Salesperson Exam with Using Virginia Real Estate Salesperson Dump Questions

Category:

Pennsylvania Real Estate Commission Free Dumps

Comments:

0 Comments

Post Date:

October 4, 2025

If you are serious about passing your Pennsylvania Real Estate Commission Virginia Real Estate Salesperson certification exam, practicing with Virginia Real Estate Salesperson dumps questions is an essential step in your preparation process. These Virginia Real Estate Salesperson dumps will help you assess your knowledge, identify your strengths and weaknesses, and improve your chances of passing the exam on the first try. So why wait? Start practicing today and give yourself the best possible chance of success! Test free Virginia Real Estate Salesperson exam dumps questions below.

Page 1 of 4

1. Which of these is an example of a deed restriction?

The city denies Darren a permit to open a pawn shop in a residential area.

A restriction in one subdivision development specifies that no boats or recreational vehicles may be kept on the street, driveway, or lot.

Demi is required to file an environmental impact statement with the city before building a new subdivision.

Donald is required by the municipal government to have a certain number of bathrooms in his business.

2. Per se violations are:

acts that are NOT considered inherentty illegal

acts that are in violation of the TCPA

acts that are in violation of CAN-SPAM

acts that are considered inherently illegal

3. An area has been rezoned as residential, but a neighborhood store has been legacied in and allowed to continue its business.

This is an example of:

amendment

nonconforming use

conditional-use permit

area variance

4. Harry, an agent, transfers some money from an escrow account into his personal savings accounts.

What is he doing and is it legal or illegal?

This is commingling, and it is legal.

This is conversion, and it is illegal.

This is commingling, and it is illegal.

This is conversion, and it is legal.

5. What is one way that a contract for deed differs from a standard real estate sales contract?

A contract for deed has the purchase price in it.

A contract for deed includes a financing clause.

A contract for deed's purchase price section details the buyer's payment plan to the seller.

A contract for deed includes a section about a flip tax.

6. Your client is buying a home. At closing, they pull you aside and whisper that the documents they're being asked to sign don't match the Closing Disclosure - suddenly, there are thousands of dollars of new fees. Is this a red flag for predatory lending?

Why or why not?

No. It's normal for lenders to have significant last-minute changes to their fees.

Yes. The fees should match what was on the Closing Disclosure. Otherwise, that's a major red flag.

Yes. No client should be paying fees at closing. Those should always be pre-paid to the lender at least three days in advance.

No. As long as the title company has no objections, it doesn't matter if the Closina Disclosure and the real closina documents match.

7. What form of co-ownership features individual, undivided interest in the property and includes rights of inheritance rather than survivorship?

tenancy by the entirety

tenancy in common

severalty

joint tenancy

8. An licensee in Virginia writes an online ad. It MUST include all of the below:

the licensee's name, the name of the firm in which the licensee is active, the city and state in which the licensee's place of business is located, and the licensee's phone number

the licensee's name and the name of the firm in which the licensee is active

the licensee's name, the name of the firm in which the licensee is active, and the city and state in which the licensee's place of business is located

the licensee's name, and the city and state in which the licensee's place of business is located

9. What is the legal doctrine by which the decedent's property will pass to the state without their consent if that individual dies without a will, a surviving spouse, lineal descendants, or other known heirs?

police power

eminent domain

escheat

variance

10. Who regulates fair housing advertising?

HMDA

HUD

CRA

ECOA

Page 2 of 4

11. What is the legal doctrine by which the decedent's property will pass to the state without their consent if that individual dies without a will, a surviving spouse, lineal descendants, or other known heirs?

police power

eminent domain

escheat

variance

12. What was the outcome of Plessy v. Ferguson?

The Supreme Court decided that "separate but equal" separation of the races was legal as long as Black and white facilities were equal.

The Supreme Court decided that racial segregation of children in public schools was illegal.

The Supreme Court decided that the enforcement of racially based restrictive covenants was illegal.

The Supreme Court decided that racially based zoning was illegal.

13. In Virginia, a supervising broker is:

a broker who has been designated by a principal broker to oversee the provision of real estate brokerage services by associate brokers and salespersons assigned to a branch office or a real estate team

the licensed broker of a firm who takes responsibility for the actions of the firm and licensees; there is only one in the firm

a broker who is NOT affiliated with the brokerage representing a principal in a real estate transaction

a broker who opts to work under another broker and has no agents assigned to them

14. What is the goal of the Sherman Antitrust Act?

to ensure the fair treatment of all Americans seeking housing

to protect consumers against inaccurate and unfair credit billing and credit card practices

to promote fair competition on behalf of American consumers

to prohibit deceit, misrepresentations, and other fraud in the sale of securities

15. What is the perimeter of a rectangular lot with the dimensions of 40 ft. x 50 ft .?

200 ft.

180 ft.

150 ft.

90 ft.

16. Vicarious liability is the common law concept that:

license holders may ONLY be held liable if violations are brought to court

a person is liable for the actions of those acting with authority on that individual's behalf

brokers are free from taking responsibility for their agents' actions

agents cannot be held liable for violating fiduciary duties, while brokers can

17. Lola has an easement that allows her to cross her neighbor's back lot to reach her home. It runs with the land.

What kind of easement does Lola have?

easement for light and air

easement in gross

easement by prescription

easement appurtenant

18. Norah just purchased a warehouse with dimensions of 25 ft. by 15 ft. She wants to carpet the floor.

How many square YARDS of carpet does she need?

80 sq. yds.

375 sq. yds.

125 sq. yds.

41.67 sq. yds.

19. A leasehold agreement where the base rent changes is called a:

variable lease

net lease

percentage lease

lease-purchase agreement

20. You're doing a CMA on a three-bedroom, two-bath, seven- year-old property. Choose the BEST comp from the following list:

a six-bedroom, four-bath, newly built property located a quarter mile away that sold six weeks ago

a three-bedroom, two-bath, seven-year-old property located a quarter mile away that sold two years ago

a three-bedroom, two-and-a-half bath, 15-year-old property located 20 miles away that sold 12 weeks ago

a three-bedroom, one-bath, 12-year-old property located a quarter mile away that sold three months ago

Page 3 of 4

21. Stigmatized properties are properties:

with suppressed market value due to their physical condition or features

that are exempt from ad valorem taxes

with market prices far exceeding other similar properties within an area

with suppressed market value due to something that happened on or to the property, rather than the physical condition or features of the property

22. What do ostensible agency and agency by estoppel have in common?

They are both forms of third-party agency no longer recognized in the

They both arise when a third party correctly believes that agency exists between a principal and an agent.

They both arise when a third party is ted to mistakenly believe that agency exists between a principal and an agent.

They both concern a third party's decision to go unrepresented in a transaction.

23. What is the purpose of the Do Not Call Registry?

It bans bait-and-switch ads.

It regulates telemarketing activities from commercial organizations.

It governs the use of commercial email advertising.

It has three main truth-in-advertising provisions.

24. Which of these is a federal law that aims to protect people and the environment from the harmful effects of air pollution?

Clean Air Act

Safe Drinking Water Act

Superfund Amendments and Reauthorization Act

CERCLA

25. The title of a fee simple determinable estate reverts automatically if title conditions are violated.

How do fee simple condition subsequent estates compare?

Ownership of condition subsequent estates reverts automatically, as it does with determinable estates, but it takes longer to process.

If title conditions are violated, condition subsequent estates require Supreme Court action, specifically, for estate ownership to revert.

Ownership of condition subsequent estates reverts automatically, as it does with determinable estates.

If title conditions are violated, condition subsequent estates require legal action for estate ownership to revert.

26. Arnav is interested in a residential property because he loves the antique light fixtures installed in every room. Corey is the license holder helping Arnav find a property.

Which of the following is MOST TRUE about Corey's situation?

Corey should specify verbally whether the light fixtures are the seller's personal property.

Corey should not address the light fixtures, as it is safe to assume light fixtures will convey with the property title.

Corey should mention the light fixtures to his sponsoring broker in case issues come up later.

Corey should specify in writing whether the light fixtures are the seller's personal property.

27. Why do lenders need liquidity?

so loans can be packaged together to create MBSs

so they have the funds to originate more loans

so they can put their money in long-term assets

to qualify for FHA insurance

28. Ben would like to construct a restaurant on a parcel of land. This particular parcel is not zoned for commercial use. Ben should go to the city and seek a(n):

exemption

deferrence

encroachment

use variance

29. The subject property has a pool valued at $30,000 and two bathrooms valued at $10,000 each. Comp 1 does not have a pool and has one less bathroom than the subject property.

What adjustments should be made to Comp 1's value?

subtract $40,000 from Comp 1's value

subtract $20,000 from Comp 1's value

add $40,000 to Comp 1's value

add $20,000 to Comp 1's value

30. A form of insurance that protects the policyholder by covering any losses they might incur as a result of theft or fraud by specified individuals is:

a risk management bond

a liability bond

a security bond

a fidelity bond

Page 4 of 4

31. Trystan and Nia enter into a contract for the sale of a tiny house. Trystan is 17. Closing is supposed to occur in two weeks.

This contract is:

executed and voidable

executory and void

executory and voidable

executed and void

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

Federal funds rates are high.

The home is in a low-income neighborhood.

The borrower's credit report includes numerous delinquencies.

A borrower's credit score is too high.

33. Four investors agree to co-ownership of an investment property. They have arranged the ownership structure so that if one of them dies, the decedent's ownership stake passes to the remaining investors.

What form of co-ownership do the investors have?

joint tenancy

sole ownership

community property

tenants in common

34. A licensee could be found liable for all of the following EXCEPT:

failure to disclose a latent defect that the licensee should have reasonably known

failure to disclose a known latent defect to the buyer

attempting to conceal a known latent defect

failure to disclose an unknown latent defect in an inaccessible location

35. Lillian is buying a home for $355,000. She is going to put down $75,000 as her down payment on her conventional loan.

Will Lillian be required to pay private mortgage insurance?

No, but it depends solely on her credit score.

Yes, PMI is required until she reaches 50% equity.

Yes, her down payment does not meet the requirements to eliminate PM

No, her down payment is large enough to avoid PM

36. What does a lender use to discover all possible defendants in a foreclosure lawsuit?

a deficiency judgment

a lis pendens

a title search

an advertisement

TAGS:

Virginia Real Estate Salesperson, Virginia Real Estate Salesperson exam dumps

Notify of

Label

Name*

Email*

Website

Label

Name*

Email*

Website

0 Comments

Oldest

Newest Most Voted

Inline Feedbacks

View all comments

Posts

Test Online RePA_Sales_S Dumps Questions to Be Certified

To help prepare for the RePA_Sales_S exam, you may want to consider using RePA_Sales_S exam dumps questions. These questions are...

Study Online New Jersey Real Estate Salesperson Exam Dumps to Pass

New Jersey Real Estate Salesperson dumps questions can help you identify areas where you need to focus your studies. As...

Get Virginia Real Estate Salesperson Dumps Full Version

Q&As: 120
Versions: PDF and Software Download Now

About Dumpsinfo

Dumpsinfo is a good platform providing the latest exam information and dumps questions for all IT certification exams. You can study all the latest exam dumps questions online.

[email protected]

Mon - Sat 9:00am - 6:00pm