Virginia Real Estate License Exam Virginia
Real Estate Licensing Exam 2026–2027 –
Practice Questions & Answers
A nonresident who obtains a license as an active salesperson in VA is required to
do which of the following?
1. Move to VA within 6 months of licensure.
2. Post a bond.
3. Maintain an escrow account in VA.
4. Activate with a VA licensed broker. - 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?
1. A court having jurisdiction over the brokers.
2. The Real Estate Board.
3. The Director of the Department of Professional and Occupational Regulation
(DPOR).
, 4. The enforcement branch of DPOR. - correct answer-1. 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?
1. The office must have an escrow account.
2. The office may be managed by a salesperson with 3 years experience.
3. The office must have a separate license.
4. The branch office must have available the licenses of all agents assigned to the
branch office - correct answer-3. 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?
1. The business name must include the name of the investor.
2. The investor must hire a broker to manage the business.
3. The business can only be organized as a corporation.
4. Unlicensed persons cannot own a real estate brokerage - correct answer-2. 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
Real Estate Licensing Exam 2026–2027 –
Practice Questions & Answers
A nonresident who obtains a license as an active salesperson in VA is required to
do which of the following?
1. Move to VA within 6 months of licensure.
2. Post a bond.
3. Maintain an escrow account in VA.
4. Activate with a VA licensed broker. - 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?
1. A court having jurisdiction over the brokers.
2. The Real Estate Board.
3. The Director of the Department of Professional and Occupational Regulation
(DPOR).
, 4. The enforcement branch of DPOR. - correct answer-1. 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?
1. The office must have an escrow account.
2. The office may be managed by a salesperson with 3 years experience.
3. The office must have a separate license.
4. The branch office must have available the licenses of all agents assigned to the
branch office - correct answer-3. 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?
1. The business name must include the name of the investor.
2. The investor must hire a broker to manage the business.
3. The business can only be organized as a corporation.
4. Unlicensed persons cannot own a real estate brokerage - correct answer-2. 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
