Virginia Real Estate License Study guides, Class notes & Summaries

Virginia Real Estate License Exam|60 Q’s and A’s A+ Graded

Virginia Real Estate License Exam Questions And Answers 2024

VIRGINIA REAL ESTATE LICENSE EXAM

Virginia Real Estate License Exam

In a residential real estate transaction there are disclosures that the seller is required to make to the buyer. The Virginia Real Estate Board produces two forms that, in most cases, must be given to the buyer. One of these forms is a one-page document in which the seller discloses to the buyer which of the following? - Whether there any known building code issues, and the website where a buyer can get additional information. In one of the seller disclosure forms required in most residenti...

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. - 4. Activate with a VA licensed broker. The purpose of the VA real estate license law and Board related rules and regulations is to... - Protect the public interest Two brokers are involved in a dispute over a commission split. Which of the follo...

A nonresident who obtains a license as an active salesperson in VA is required to do which of the following? - 4. Activate with a VA licensed broker. The purpose of the VA real estate license law and Board related rules and regulations is to... - 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? - A court having jurisdiction over the brokers. If the Board receives a written comp...

In a residential real estate transaction there are disclosures that the seller is required to make to the buyer. The Virginia Real Estate Board produces two forms that, in most cases, must be given to the buyer. One of these forms is a one-page document in which the seller discloses to the buyer which of the following? - Whether there any known building code issues, and the website where a buyer can get additional information. In one of the seller disclosure forms required in most residenti...

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. - 4. Activate with a VA licensed broker. The purpose of the VA real estate license law and Board related rules and regulations is to... - Protect the public interest Two brokers are involved in a dispute over a commission split. Which of the follo...

A nonresident who obtains a license as an active salesperson in VA is required to do which of the following? - 4. Activate with a VA licensed broker. The purpose of the VA real estate license law and Board related rules and regulations is to... - 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? - A court having jurisdiction over the brokers. If the Board receives a written comp...