Virginia Salesperson's License EXAM
VIRGINIA SALESPERSON'S LICENSE EXAM COVERAGE
The Virginia Salesperson's License exam evaluates knowledge of real
estate principles, laws, and professional practices required to work as
a licensed real estate salesperson in Virginia. The exam coverage
includes real estate contracts, agency relationships, property
ownership, land use controls, and transfer of title. It also assesses
understanding of financing, mortgages, appraisal basics, fair housing
laws, and disclosure requirements. Additional areas include leasing
and property management fundamentals, settlement procedures, real
estate math, and ethics. The exam further covers Virginia-specific real
estate regulations, licensing rules, and duties owed to clients and
customers.
,A second set of temporary tags may be issued to a customer if
A. The title is not available at the end of the first 30-day period.
B. All paper work is submitted to DMV along with an explanation as to
why a second set needs to be issued.
C. All required fees are submitted to the Department of Motor
Vehicles.
D. The vehicle is to be titled and registered out of state.
E. All of the above.
E. All of the Above
,Vehicles can be sold in Virginia "As Is" if
A. A Buyers Guide is completely filled out, signed, and dated by the
buyer.
B. The dealer provides the buyer, prior to the sale, a separate written
disclosure as to the effect of an "As Is" sale.
C. A disclosure is printed on the front of the buyers order.
D. All of the above.
D. All of the above.
, A vehicle must be inspected
A. Between the time it comes into a dealer's inventory and the time it is
sold at retail.
B. Unless it has a current inspection sticker.
C. Unless it has more than six months remaining on the current
inspection.
D. None of the above.
A. Between the time it comes into a dealer's inventory and the time it is
sold at retail
VIRGINIA SALESPERSON'S LICENSE EXAM COVERAGE
The Virginia Salesperson's License exam evaluates knowledge of real
estate principles, laws, and professional practices required to work as
a licensed real estate salesperson in Virginia. The exam coverage
includes real estate contracts, agency relationships, property
ownership, land use controls, and transfer of title. It also assesses
understanding of financing, mortgages, appraisal basics, fair housing
laws, and disclosure requirements. Additional areas include leasing
and property management fundamentals, settlement procedures, real
estate math, and ethics. The exam further covers Virginia-specific real
estate regulations, licensing rules, and duties owed to clients and
customers.
,A second set of temporary tags may be issued to a customer if
A. The title is not available at the end of the first 30-day period.
B. All paper work is submitted to DMV along with an explanation as to
why a second set needs to be issued.
C. All required fees are submitted to the Department of Motor
Vehicles.
D. The vehicle is to be titled and registered out of state.
E. All of the above.
E. All of the Above
,Vehicles can be sold in Virginia "As Is" if
A. A Buyers Guide is completely filled out, signed, and dated by the
buyer.
B. The dealer provides the buyer, prior to the sale, a separate written
disclosure as to the effect of an "As Is" sale.
C. A disclosure is printed on the front of the buyers order.
D. All of the above.
D. All of the above.
, A vehicle must be inspected
A. Between the time it comes into a dealer's inventory and the time it is
sold at retail.
B. Unless it has a current inspection sticker.
C. Unless it has more than six months remaining on the current
inspection.
D. None of the above.
A. Between the time it comes into a dealer's inventory and the time it is
sold at retail
