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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Virginia State Portion (30 questions) | 20% | - Virginia-Specific Statutes
|
| Topic 2: National Portion (120 questions) | 80% | - Property Transfer and Title
|
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
What is a building permit?
- A. legal document from a local authority that authorizes a construction or remodeling project
- B. document that permits landowners to use land in a way that is typically not permitted by land use restrictions of zoning law
- C. written permission from the government to seize private property for public use
- D. document that permits changing the zoning of one small area within the existing zoning
Correct Answer: A 🗳️
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Any non-natural structure built on or affixed to land is an:
- A. improvement
- B. encumbrance
- C. emblements
- D. appurtenance
Correct Answer: A 🗳️
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Which of the following is TRUE?
- A. Virginia does not enforce rent control.
- B. Virginia enforces rent control state-wide.
- C. Virginia does enforce rent control, but only in large cities.
- D. Virginia does enforce rent control, but only for commercial properties.
Correct Answer: A 🗳️
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
The EGI of a building is $300,000. The operating costs are $30,000.
What is the NOI of the building?
- A. $332,000
- B. $264,000
- C. $270,000
- D. $215,000
Correct Answer: C 🗳️
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An appraiser will most likely follow all of these steps in their appraisal, EXCEPT:
- A. gathering and recording data
- B. estimating the land value
- C. reconciling the value estimates
- D. setting a listing price for the property
Correct Answer: D 🗳️
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