Real Estate Licensing Virginia-Real-Estate-Salesperson - Virginia Real Estate Salesperson Exam

- Exam Code: Virginia-Real-Estate-Salesperson
- Exam Name: Virginia Real Estate Salesperson Exam
- Updated: Sep 04, 2025
- Q & A: 125 Questions and Answers
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1. 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?
A) easement for light and air
B) easement appurtenant
C) easement by prescription
D) easement in gross
2. According to the Virginia Residential Landlord Tenant Act (VRLTA) what is the maximum amount a landlord may keep as a security deposit?
A) two months' rent
B) $2,000
C) six months' rent
D) one month's rent
3. Contracts for the initial purchase of a cooperative interest may be rescinded without penalty how many days after either contract ratification or receipt of the POS?
A) 14 days
B) 10 days
C) 21 days
D) 5 days
4. Mindy experienced a foreclosure process that included being named as a defendant in a lawsuit by her lender and seeing her home sold in a foreclosure sale. From that information, what can you guess about the category of foreclosure used and who holds the title to the property?
A) A nonjudicial foreclosure was necessary because Mindy holds the title.
B) A judicial foreclosure was necessary because Mindy holds the title.
C) A judicial foreclosure was necessary because the lender holds the title.
D) A nonjudicial foreclosure was necessary because a trustee holds the title.
5. What does the VRLTA aim to do?
A) establish uniform laws to regulate leasehold interests and improve leasing practices in Virginia
B) regulate landlord maintenance practices for industrial warehouses across the United States
C) regulate owner-occupied REO properties in Virginia
D) monitor commercial leasing practices in Virginia
Solutions:
Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: A |
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