Broker Zeke is busy and a. Commingling
doesn't have time to go to
the bank, so he deposits his
client's earnest money funds
into his personal account. He
plans to move the funds to
the appropriate account
within a week. This violation
is an example of
______.
a. Commingling
b. Contractural
Interference
c. Failure to disclose
anagency relationship
d. Performing services
thatwould qualify as practice
of law
VIRGINIA REAL ESTATE PRACTICE EXAMS STUDY GUIDE
COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS
Terms in this set (200)
,Which regulation sets d. Virginia Administrative Code Title 18, Agency 135,
forth the Virginia Real Chapter 20
Estate Board's licensing
regulations?
a. Code of Virginia Title
53,
Chapter 20
b. Real Estate
Settlement
Agents Act
c. Sherman Act
d. Virginia
AdministrativeCode Title 18,
Agency 135,
Chapter 20
d. Salesperson
Karen just received her real
estate license in Virginia. She
must take post-licensing
education this year and then
she can renew her license
next year. What type of
license does Karen have?
a. Associate broker
b. Broker
c. Managing broker
d. Salesperson
,Which of the following is NOT c. Kevin's MLS remarks note that the condo has the
an example of a city's "most beautiful twilight view of downtown and
the bay."
misrepresentation or
omission?
a. Kari knows that the
lowrent she's advertising for
some new apartments is too
good to be true, but she
advertises it anyway.
b. Katherine's ad for
hernewly-renovated home
states, "new from the studs
up." Her carpenter has a
different story.
c. Kevin's MLS
remarksnote that the condo
has the city's "most
beautiful twilight view of
downtown and the bay." d.
Kim notes that the property
is next to a "serene,
peaceful green space." It's
next to an industrial park.
, John is 18 and he wants to be c. Yes - he must have at least three years of experience
a real estate broker in as a Virginia salesperson before he can become a
broker.
Virginia. He is ready to
complete the 180 hours of
required real estate licensing
coursework. Is there anything
that might prevent him from
doing this?
a. No - you go, John!
b. Yes - he must be at
least19 years old.
c. Yes - he must have
atleast three years of
experience as a Virginia
salesperson before he can
become a broker.
d. Yes - he must
schedulehis exam before
beginning the required
coursework.
doesn't have time to go to
the bank, so he deposits his
client's earnest money funds
into his personal account. He
plans to move the funds to
the appropriate account
within a week. This violation
is an example of
______.
a. Commingling
b. Contractural
Interference
c. Failure to disclose
anagency relationship
d. Performing services
thatwould qualify as practice
of law
VIRGINIA REAL ESTATE PRACTICE EXAMS STUDY GUIDE
COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS
Terms in this set (200)
,Which regulation sets d. Virginia Administrative Code Title 18, Agency 135,
forth the Virginia Real Chapter 20
Estate Board's licensing
regulations?
a. Code of Virginia Title
53,
Chapter 20
b. Real Estate
Settlement
Agents Act
c. Sherman Act
d. Virginia
AdministrativeCode Title 18,
Agency 135,
Chapter 20
d. Salesperson
Karen just received her real
estate license in Virginia. She
must take post-licensing
education this year and then
she can renew her license
next year. What type of
license does Karen have?
a. Associate broker
b. Broker
c. Managing broker
d. Salesperson
,Which of the following is NOT c. Kevin's MLS remarks note that the condo has the
an example of a city's "most beautiful twilight view of downtown and
the bay."
misrepresentation or
omission?
a. Kari knows that the
lowrent she's advertising for
some new apartments is too
good to be true, but she
advertises it anyway.
b. Katherine's ad for
hernewly-renovated home
states, "new from the studs
up." Her carpenter has a
different story.
c. Kevin's MLS
remarksnote that the condo
has the city's "most
beautiful twilight view of
downtown and the bay." d.
Kim notes that the property
is next to a "serene,
peaceful green space." It's
next to an industrial park.
, John is 18 and he wants to be c. Yes - he must have at least three years of experience
a real estate broker in as a Virginia salesperson before he can become a
broker.
Virginia. He is ready to
complete the 180 hours of
required real estate licensing
coursework. Is there anything
that might prevent him from
doing this?
a. No - you go, John!
b. Yes - he must be at
least19 years old.
c. Yes - he must have
atleast three years of
experience as a Virginia
salesperson before he can
become a broker.
d. Yes - he must
schedulehis exam before
beginning the required
coursework.
