Virginia Real Estate Exam Questions | 100% Correct Answers | Verified | Latest Update 2024

The broker has noticed that a great number of people who are buying in the neighborhood where his listing is located speak Russian. He also noticed a Russian grocery store right by the neighborhood that was attractive. He decides to stop the advertising the property and started advertising the property on two different Russian internet sites. This is: - Acceptable if the advertisement includes no preferential language The buyer asks if there are any sex offenders in the neighborhood. The agent's MOST appropriate response would be to: - Give the buyer the website address so the buyer can look up that information Which of the following property valuation estimates or reports would have to be prepared by a licensed or certified appraiser? - Reconciliation report for a FHA loan In a jurisdiction where a seller's property condition disclosure is required, the licensee is responsible for - ensuring that the buyer receives the property disclosure before the contract is finalized What should buyers insert into their purchase offer to make sure they would NOT have to go through the purchase if they CANNOT obtain the necessary financing? - Escape Clause In estimating the value of a 50-unit apartment complex, which of the following approaches would yield the most accurate estimate? - Income