__________________________________________________________________
Virginia Real Estate Law Questions And
Correct Answers (Verified Answers) Plus
Rationales 2026 Q&A Instant Download
Pdf
___________________________________________________________________
1. What state agency regulates real estate salespersons, brokers, and real
estate firms in Virginia?
A. Virginia State Corporation Commission
B. Virginia Real Estate Board
C. Virginia Housing Commission
D. Virginia Department of Taxation
Answer: Virginia Real Estate Board
Rationale: The Virginia Real Estate Board, operating under DPOR, licenses
salespersons, brokers, and firms and enforces applicable real estate regulations.
2. How many classroom hours of approved pre-license education must a
Virginia salesperson complete?
A. 30 hours
B. 45 hours
C. 60 hours
D. 90 hours
Answer: 60 hours
,Rationale: Virginia requires salesperson applicants to complete a 60-hour Board-
approved pre-license course and pass the state and national portions of the
examination.
3. A Virginia salesperson applicant must pass which portions of the licensing
examination?
A. State portion only
B. National portion only
C. State and national portions
D. Broker portion only
Answer: State and national portions
Rationale: Applicants for a Virginia salesperson license must pass both the state
and national portions of the examination.
4. How many classroom hours of approved education are generally required
for a Virginia broker applicant?
A. 60 hours
B. 90 hours
C. 120 hours
D. 180 hours
Answer: 180 hours
Rationale: Virginia requires 180 classroom hours of Board-approved broker-
specific and broker-related education for broker licensure.
5. How much qualifying experience generally must a broker applicant have
been actively engaged as a salesperson?
A. 12 of the previous 24 months
B. 24 of the previous 36 months
C. 36 of the previous 48 months
D. 48 of the previous 60 months
,Answer: 36 of the previous 48 months
Rationale: Virginia generally requires verification that a broker applicant was
actively engaged as a salesperson for 36 of the 48 months preceding
application.
6. What happens if an active new Virginia salesperson fails to complete
required post-license education within the required period?
A. The license is automatically revoked
B. The license is placed on inactive status
C. The salesperson becomes a broker
D. The salesperson receives a permanent exemption
Answer: The license is placed on inactive status
Rationale: Active new salespersons must complete 30 hours of approved post-
license education within one year from the last day of the month in which the
license was issued; failure results in automatic inactive status.
7. How many hours of post-license education are required for an active new
Virginia salesperson?
A. 15 hours
B. 20 hours
C. 30 hours
D. 45 hours
Answer: 30 hours
Rationale: Virginia requires active new salesperson licensees to complete a
Board-approved 30-hour post-license curriculum within one year.
8. Which subject is included in Virginia's post-license education curriculum?
A. Aircraft maintenance
B. Agency Law
, C. Criminal procedure
D. Corporate taxation
Answer: Agency Law
Rationale: Virginia's post-license curriculum includes Agency Law, along with
subjects such as real estate law, ethics, contract writing, risk management, and
escrow requirements.
9. Who has primary responsibility for a Virginia real estate firm's escrow
accounts?
A. Every salesperson equally
B. The principal broker
C. The buyer
D. The seller
Answer: The principal broker
Rationale: Virginia regulations make the principal broker responsible for escrow
accounts, including signatory authority.
10.Escrow accounts maintained by a Virginia real estate firm must generally
be:
A. Personal checking accounts
B. Federally insured accounts designated as escrow accounts
C. Cash accounts held at the salesperson's home
D. Investment accounts
Answer: Federally insured accounts designated as escrow accounts
Rationale: Virginia regulations require firms or sole proprietorships holding
escrow funds to maintain federally insured escrow accounts properly designated
as escrow accounts.
11.A real estate licensee owes a fiduciary duty primarily to:
Virginia Real Estate Law Questions And
Correct Answers (Verified Answers) Plus
Rationales 2026 Q&A Instant Download
___________________________________________________________________
1. What state agency regulates real estate salespersons, brokers, and real
estate firms in Virginia?
A. Virginia State Corporation Commission
B. Virginia Real Estate Board
C. Virginia Housing Commission
D. Virginia Department of Taxation
Answer: Virginia Real Estate Board
Rationale: The Virginia Real Estate Board, operating under DPOR, licenses
salespersons, brokers, and firms and enforces applicable real estate regulations.
2. How many classroom hours of approved pre-license education must a
Virginia salesperson complete?
A. 30 hours
B. 45 hours
C. 60 hours
D. 90 hours
Answer: 60 hours
,Rationale: Virginia requires salesperson applicants to complete a 60-hour Board-
approved pre-license course and pass the state and national portions of the
examination.
3. A Virginia salesperson applicant must pass which portions of the licensing
examination?
A. State portion only
B. National portion only
C. State and national portions
D. Broker portion only
Answer: State and national portions
Rationale: Applicants for a Virginia salesperson license must pass both the state
and national portions of the examination.
4. How many classroom hours of approved education are generally required
for a Virginia broker applicant?
A. 60 hours
B. 90 hours
C. 120 hours
D. 180 hours
Answer: 180 hours
Rationale: Virginia requires 180 classroom hours of Board-approved broker-
specific and broker-related education for broker licensure.
5. How much qualifying experience generally must a broker applicant have
been actively engaged as a salesperson?
A. 12 of the previous 24 months
B. 24 of the previous 36 months
C. 36 of the previous 48 months
D. 48 of the previous 60 months
,Answer: 36 of the previous 48 months
Rationale: Virginia generally requires verification that a broker applicant was
actively engaged as a salesperson for 36 of the 48 months preceding
application.
6. What happens if an active new Virginia salesperson fails to complete
required post-license education within the required period?
A. The license is automatically revoked
B. The license is placed on inactive status
C. The salesperson becomes a broker
D. The salesperson receives a permanent exemption
Answer: The license is placed on inactive status
Rationale: Active new salespersons must complete 30 hours of approved post-
license education within one year from the last day of the month in which the
license was issued; failure results in automatic inactive status.
7. How many hours of post-license education are required for an active new
Virginia salesperson?
A. 15 hours
B. 20 hours
C. 30 hours
D. 45 hours
Answer: 30 hours
Rationale: Virginia requires active new salesperson licensees to complete a
Board-approved 30-hour post-license curriculum within one year.
8. Which subject is included in Virginia's post-license education curriculum?
A. Aircraft maintenance
B. Agency Law
, C. Criminal procedure
D. Corporate taxation
Answer: Agency Law
Rationale: Virginia's post-license curriculum includes Agency Law, along with
subjects such as real estate law, ethics, contract writing, risk management, and
escrow requirements.
9. Who has primary responsibility for a Virginia real estate firm's escrow
accounts?
A. Every salesperson equally
B. The principal broker
C. The buyer
D. The seller
Answer: The principal broker
Rationale: Virginia regulations make the principal broker responsible for escrow
accounts, including signatory authority.
10.Escrow accounts maintained by a Virginia real estate firm must generally
be:
A. Personal checking accounts
B. Federally insured accounts designated as escrow accounts
C. Cash accounts held at the salesperson's home
D. Investment accounts
Answer: Federally insured accounts designated as escrow accounts
Rationale: Virginia regulations require firms or sole proprietorships holding
escrow funds to maintain federally insured escrow accounts properly designated
as escrow accounts.
11.A real estate licensee owes a fiduciary duty primarily to:
