Virginia Real Estate License Exam Questions
With Correct Answers
A nonresident who obtains a license as an active salesperson in VA is
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required to do which of the following? - CORRECT ANSWER✔✔-4.
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Activate with a VA licensed broker.
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The purpose of the VA real estate license law and Board related rules
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and regulations is to... - CORRECT ANSWER✔✔-Protect the public
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interest
Two brokers are involved in a dispute over a commission split. Which of
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the following could become involved in the settlement dispute? -
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CORRECT ANSWER✔✔-A court having jurisdiction over the brokers.
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If the Board receives a written complaint regarding the actions of a
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regulant, what is the first thing the Board will do? - CORRECT
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ANSWER✔✔-Review the complaint for possible violation | | | | |
Which of the following is true regarding a branch office of a VA real
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estate firm? - CORRECT ANSWER✔✔-The office must have a separate
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license.
, An unlicensed investor plans to open a real estate brokerage business.
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The business will be operated as a sole proprietorship. Which of the
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following is true? - CORRECT ANSWER✔✔-The investor must hire a
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broker to manage the business.
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The objective of the Virginia Fair Housing Law is to... - CORRECT
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ANSWER✔✔-Protect and ensure the welfare of the general public | | | | | | | |
When a salesperson terminates affiliation with a broker, what is the
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salesperson required to do? - CORRECT ANSWER✔✔-Nothing
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A licensee who is actively engaged in real estate brokerage works at
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least.. - CORRECT ANSWER✔✔-40 hours per week
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When a real estate license has expired how long does the licensee have
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to reinstate the license, without monetary penalty? - CORRECT
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ANSWER✔✔-30 days |
If a broker opens a branch office in VA, which of the following is true? -
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CORRECT ANSWER✔✔-Upon proper application, the Board will issue a
| | | | | | | | |
license for the Branch. | | |
With Correct Answers
A nonresident who obtains a license as an active salesperson in VA is
| | | | | | | | | | | | |
required to do which of the following? - CORRECT ANSWER✔✔-4.
| | | | | | | | | |
Activate with a VA licensed broker.
| | | | |
The purpose of the VA real estate license law and Board related rules
| | | | | | | | | | | | |
and regulations is to... - CORRECT ANSWER✔✔-Protect the public
| | | | | | | | |
interest
Two brokers are involved in a dispute over a commission split. Which of
| | | | | | | | | | | | |
the following could become involved in the settlement dispute? -
| | | | | | | | | |
CORRECT ANSWER✔✔-A court having jurisdiction over the brokers.
| | | | | | |
If the Board receives a written complaint regarding the actions of a
| | | | | | | | | | | |
regulant, what is the first thing the Board will do? - CORRECT
| | | | | | | | | | | |
ANSWER✔✔-Review the complaint for possible violation | | | | |
Which of the following is true regarding a branch office of a VA real
| | | | | | | | | | | | | |
estate firm? - CORRECT ANSWER✔✔-The office must have a separate
| | | | | | | | | |
license.
, An unlicensed investor plans to open a real estate brokerage business.
| | | | | | | | | | |
The business will be operated as a sole proprietorship. Which of the
| | | | | | | | | | | |
following is true? - CORRECT ANSWER✔✔-The investor must hire a
| | | | | | | | | |
broker to manage the business.
| | | |
The objective of the Virginia Fair Housing Law is to... - CORRECT
| | | | | | | | | | | |
ANSWER✔✔-Protect and ensure the welfare of the general public | | | | | | | |
When a salesperson terminates affiliation with a broker, what is the
| | | | | | | | | | |
salesperson required to do? - CORRECT ANSWER✔✔-Nothing
| | | | | |
A licensee who is actively engaged in real estate brokerage works at
| | | | | | | | | | | |
least.. - CORRECT ANSWER✔✔-40 hours per week
| | | | | |
When a real estate license has expired how long does the licensee have
| | | | | | | | | | | | |
to reinstate the license, without monetary penalty? - CORRECT
| | | | | | | | |
ANSWER✔✔-30 days |
If a broker opens a branch office in VA, which of the following is true? -
| | | | | | | | | | | | | | | |
CORRECT ANSWER✔✔-Upon proper application, the Board will issue a
| | | | | | | | |
license for the Branch. | | |
