VA Real Estate Practice Exam 4
COMPREHENSIVE QUESTIONS WITH
MULTIPLE CHOICES |VERIFIED &
REVISED ANSWERS (NEW) 2025
A broker is NOT required to hold money in an escrow account if:
A. The deposit amount is less than $500
B. All parties to the transaction have agreed, in writing
C. Closing is scheduled in less than 30 days
D. The purchaser is a non-profit organization - 🧠 ANSWER ✔✔All parties to the
transaction have agreed, in writing
According to the Virginia Landlord-Tenant Act, a landlord's right to access rented
property is NOT restricted in which of the following circumstances?
,A. Abandonment
B. Frozen water pipes
C. Emergency situations
D. All of the above - 🧠 ANSWER ✔✔All of the above
The unit owners of a condo project are unhappy with their association's
management. As a result, they want to amend the bylaws. What is the minimum
percentage of affirmative votes to change the bylaws?
A. 33.33%
B. 66.66%
C. 75%
D. A simple majority - 🧠 ANSWER ✔✔A simple majority
The initial purchaser of a time-share estate has a statutory right to rescind a
contract to purchase. How long is this rescission period?
A. 5 days
, B. 7 days
C. 10 days
D. None of the above - 🧠 ANSWER ✔✔7 days
Juan obtains his license on May 3rd. How much continuing education must Juan
complete?
A. 8 hours within the first year
B. 16 hours within the first two years
C. 30 hours within the first year
D. 30 hours before he can actually receive his license - 🧠 ANSWER ✔✔30 hours
within the first year
A violation of the Virginia License Law may subject a broker to:
A. Suspension of his license and a fine
B. A fine only
C. Revocation of his license and a fine
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
COMPREHENSIVE QUESTIONS WITH
MULTIPLE CHOICES |VERIFIED &
REVISED ANSWERS (NEW) 2025
A broker is NOT required to hold money in an escrow account if:
A. The deposit amount is less than $500
B. All parties to the transaction have agreed, in writing
C. Closing is scheduled in less than 30 days
D. The purchaser is a non-profit organization - 🧠 ANSWER ✔✔All parties to the
transaction have agreed, in writing
According to the Virginia Landlord-Tenant Act, a landlord's right to access rented
property is NOT restricted in which of the following circumstances?
,A. Abandonment
B. Frozen water pipes
C. Emergency situations
D. All of the above - 🧠 ANSWER ✔✔All of the above
The unit owners of a condo project are unhappy with their association's
management. As a result, they want to amend the bylaws. What is the minimum
percentage of affirmative votes to change the bylaws?
A. 33.33%
B. 66.66%
C. 75%
D. A simple majority - 🧠 ANSWER ✔✔A simple majority
The initial purchaser of a time-share estate has a statutory right to rescind a
contract to purchase. How long is this rescission period?
A. 5 days
, B. 7 days
C. 10 days
D. None of the above - 🧠 ANSWER ✔✔7 days
Juan obtains his license on May 3rd. How much continuing education must Juan
complete?
A. 8 hours within the first year
B. 16 hours within the first two years
C. 30 hours within the first year
D. 30 hours before he can actually receive his license - 🧠 ANSWER ✔✔30 hours
within the first year
A violation of the Virginia License Law may subject a broker to:
A. Suspension of his license and a fine
B. A fine only
C. Revocation of his license and a fine
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
