Virginia Real Estate Practice Exam 2026–2027
Exam Questions and Verified Correct Answers
Which regulation sets forth the Virginia Real Estate Board's licensing regulations?
a. Code of Virginia Title 53, Chapter 20
b. Real Estate Settlement Agents Act
c. Sherman Act
d. Virginia Administrative Code Title 18, Agency 135, Chapter 20 - CORRECT
ANSWER d. Virginia Administrative Code Title 18, Agency 135, Chapter 20
In Virginia, how many hours of approved real estate courses must an individual
complete before taking the real estate broker's exam?
a. 180
b. 30
c. 60
d. 75 - CORRECT ANSWER a. 180
Which of the following statements best describes a standard agent?
a. They are not required to perform all duties required by statute.
b. They only work for buyers.
c. They only work for sellers.
,d. They perform duties required by statute throughout the transactional process. -
CORRECT ANSWER d. They perform duties required by statute throughout the
transactional process.
Which of the following should licensees be careful to avoid when interacting with
an opposing party who has a limited-service agent?
a. Creating unintended dual agency
b. Interacting directly with the opposing party
c. Interacting with the limited service agent
d. Maintaining the confidentiality of information shared by the opposing party -
CORRECT ANSWER a. Creating unintended dual agency
When a dispute arises between a condo association and an owner, where should
the parties look to find information about dispute resolution?
a. Condominium bylaws
b. Condominium declaration
c. Federal Fair Housing Act
d. The Virginia Condominium Act - CORRECT ANSWER a. Condominium bylaws
Which of the following situations is the best example of a designated agency?
a. Agent Devin represents seller Angie, and agent Denise represents buyer
Alex. Alex is buying Angie's condo. Devin and Denise both work for Blue
Skies Realty.
,b. Agent Devin represents seller Angie, and agent Donovan represents buyer
Alex. Alex is buying Angie's condo. Agent Devin works for Blue Skies Realty
and Donovan works for Happy Homes Realty.
c. Agent Devin represents seller Angie and buyer Alex. Alex is buying Angie's
condo.
d. Agent Devin represents seller Angie. The buyer Alex is unrepresented. Alex
is buying
Angie's condo. - CORRECT ANSWER a. Agent Devin represents seller Angie, and
agent Denise represents buyer Alex. Alex is
buying Angie's condo. Devin and Denise both work for Blue Skies Realty.
Which of the following can hold a Virginia broker's license?
a. A brokerage company only
b. A person only
c. A person or an entity
d. A salesperson with more than five years' experience - CORRECT ANSWER c. A
person or an entity
After an investigation by the DPOR, what comes next in the complaint process?
a. A hearing is held.
b. A meeting is held between the parties involved to determine the facts of the
matter.
c. Interviews with witnesses and statements are obtained.
, d. The fee or penalty is assessed. - CORRECT ANSWER b. A meeting is held
between the parties involved to determine the facts of the matter.
How often should a principal broker conduct an audit (or arrange to have one
done)?
a. Every four years
Every three years
c. Every two years
Every year - CORRECT ANSWER c. Every two years
According to the disclosure statement, what is a seller's disclosure requirement if
they know that the parcel of land behind their property is being rezoned for
commercial development?
a. The seller is required to disclose this information.
b. The seller makes no representations.
c. The seller must provide the buyer with a zoning map.
d. This condition is not material to the property and need not be disclosed. -
CORRECT ANSWER b. The seller makes no representations.
Why does a designated agency relationship require a disclosure signed by both
parties?
a. Because although each party is represented by a different licensee, all
brokerage agreements are in the broker's name. Consumers must be made
aware of this.
b. Because the buyer's interests must take priority over the seller's interests.
Exam Questions and Verified Correct Answers
Which regulation sets forth the Virginia Real Estate Board's licensing regulations?
a. Code of Virginia Title 53, Chapter 20
b. Real Estate Settlement Agents Act
c. Sherman Act
d. Virginia Administrative Code Title 18, Agency 135, Chapter 20 - CORRECT
ANSWER d. Virginia Administrative Code Title 18, Agency 135, Chapter 20
In Virginia, how many hours of approved real estate courses must an individual
complete before taking the real estate broker's exam?
a. 180
b. 30
c. 60
d. 75 - CORRECT ANSWER a. 180
Which of the following statements best describes a standard agent?
a. They are not required to perform all duties required by statute.
b. They only work for buyers.
c. They only work for sellers.
,d. They perform duties required by statute throughout the transactional process. -
CORRECT ANSWER d. They perform duties required by statute throughout the
transactional process.
Which of the following should licensees be careful to avoid when interacting with
an opposing party who has a limited-service agent?
a. Creating unintended dual agency
b. Interacting directly with the opposing party
c. Interacting with the limited service agent
d. Maintaining the confidentiality of information shared by the opposing party -
CORRECT ANSWER a. Creating unintended dual agency
When a dispute arises between a condo association and an owner, where should
the parties look to find information about dispute resolution?
a. Condominium bylaws
b. Condominium declaration
c. Federal Fair Housing Act
d. The Virginia Condominium Act - CORRECT ANSWER a. Condominium bylaws
Which of the following situations is the best example of a designated agency?
a. Agent Devin represents seller Angie, and agent Denise represents buyer
Alex. Alex is buying Angie's condo. Devin and Denise both work for Blue
Skies Realty.
,b. Agent Devin represents seller Angie, and agent Donovan represents buyer
Alex. Alex is buying Angie's condo. Agent Devin works for Blue Skies Realty
and Donovan works for Happy Homes Realty.
c. Agent Devin represents seller Angie and buyer Alex. Alex is buying Angie's
condo.
d. Agent Devin represents seller Angie. The buyer Alex is unrepresented. Alex
is buying
Angie's condo. - CORRECT ANSWER a. Agent Devin represents seller Angie, and
agent Denise represents buyer Alex. Alex is
buying Angie's condo. Devin and Denise both work for Blue Skies Realty.
Which of the following can hold a Virginia broker's license?
a. A brokerage company only
b. A person only
c. A person or an entity
d. A salesperson with more than five years' experience - CORRECT ANSWER c. A
person or an entity
After an investigation by the DPOR, what comes next in the complaint process?
a. A hearing is held.
b. A meeting is held between the parties involved to determine the facts of the
matter.
c. Interviews with witnesses and statements are obtained.
, d. The fee or penalty is assessed. - CORRECT ANSWER b. A meeting is held
between the parties involved to determine the facts of the matter.
How often should a principal broker conduct an audit (or arrange to have one
done)?
a. Every four years
Every three years
c. Every two years
Every year - CORRECT ANSWER c. Every two years
According to the disclosure statement, what is a seller's disclosure requirement if
they know that the parcel of land behind their property is being rezoned for
commercial development?
a. The seller is required to disclose this information.
b. The seller makes no representations.
c. The seller must provide the buyer with a zoning map.
d. This condition is not material to the property and need not be disclosed. -
CORRECT ANSWER b. The seller makes no representations.
Why does a designated agency relationship require a disclosure signed by both
parties?
a. Because although each party is represented by a different licensee, all
brokerage agreements are in the broker's name. Consumers must be made
aware of this.
b. Because the buyer's interests must take priority over the seller's interests.
