Virginia Real Estate License Exam (Latest Update
) Questions & Answers | 100% Correct
| Grade A
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Terms in this set (57)
The purpose of the VA Protect the public interest
real estate license law and
Board related rules and
regulations is to...
Two brokers are involved A court having jurisdiction over the brokers.
in a dispute over a
commission split. Which of
the following could
become involved in the
settlement dispute?
An unlicensed investor The investor must hire a broker to manage the
plans to open a real estate business.
brokerage business. The
business will be operated
as a sole proprietorship.
Which of the following is
true?
The objective of the Protect and ensure the welfare of the general public
Virginia Fair Housing Law
is to...
, When a salesperson Nothing
terminates affiliation with a
broker, what is the
salesperson required to
do?
A licensee who is actively 40 hours per week
engaged in real estate
brokerage works at least..
When a real estate license 30 days
has expired how long
does the licensee have to
reinstate the license,
without monetary
penalty?
If a broker opens a branch Upon proper application, the Board will issue a
office in VA, which of the license for the Branch.
following is true?
Which of the following A 17 year old college graduate who majored in real
persons may not obtain a estate.
real estate license in VA?
To become licensed in VA Any person currently licensed in another jurisdiction
it is necessary to take and and meets all requirements for reciprocity
pass an examination.
Which of the following
could become licensed
and not be required to
take an examination?
The statute of VA 9 members; 7 licensees and 2 citizens
mandates the number of
people on the Real Estate
Board. Currently the
Board consists of...
) Questions & Answers | 100% Correct
| Grade A
Save
Terms in this set (57)
The purpose of the VA Protect the public interest
real estate license law and
Board related rules and
regulations is to...
Two brokers are involved A court having jurisdiction over the brokers.
in a dispute over a
commission split. Which of
the following could
become involved in the
settlement dispute?
An unlicensed investor The investor must hire a broker to manage the
plans to open a real estate business.
brokerage business. The
business will be operated
as a sole proprietorship.
Which of the following is
true?
The objective of the Protect and ensure the welfare of the general public
Virginia Fair Housing Law
is to...
, When a salesperson Nothing
terminates affiliation with a
broker, what is the
salesperson required to
do?
A licensee who is actively 40 hours per week
engaged in real estate
brokerage works at least..
When a real estate license 30 days
has expired how long
does the licensee have to
reinstate the license,
without monetary
penalty?
If a broker opens a branch Upon proper application, the Board will issue a
office in VA, which of the license for the Branch.
following is true?
Which of the following A 17 year old college graduate who majored in real
persons may not obtain a estate.
real estate license in VA?
To become licensed in VA Any person currently licensed in another jurisdiction
it is necessary to take and and meets all requirements for reciprocity
pass an examination.
Which of the following
could become licensed
and not be required to
take an examination?
The statute of VA 9 members; 7 licensees and 2 citizens
mandates the number of
people on the Real Estate
Board. Currently the
Board consists of...
