Virginia Pre-Licensing
Practice Exams
2025/2026
Exam Prep Material
with
Verified Questions and Answers
A+ Grades Guarantee
, 14 days after receipt of the written request
Sandy is a real estate licensee who is
listing a condo for her client. Sandy
sends a note to the owner's
association requesting a condo
disclosure package. How long does
the association have to provide this
to her and her client?
The Equipment Condition and Inspection section
Which section of the Residential
Contract of Purchase states that the
seller is responsible for maintaining
the property in the same condition as
it is on the contract date, the
inspection date, or some other date
specified by the buyer?
The Equipment Condition and
Inspection section
The Real Property section
The Risk of Loss section
The Settlement; Possession section
No, transfers resulting from foreclosure sale are exempt.
Stacey's home has been sold as a
result of foreclosure proceedings.
Does she need to provide the
purchaser with a property disclosure
statement?
No, Stacey doesn't need to provide
the disclosure statement, but the
bank does.
No, transfers resulting from
foreclosure sale are exempt.
Yes, all sales (even foreclosure sales)
require disclosure.
Yes, all transfers of real property
require disclosure.
, You must disclose this, because otherwise the buyer can take legal action
against you
After looking up his property on an
official zoning map, Nathan sees that
the house he's trying to sell is in a
military noise zone of more than 65
average decibels. "It's never noisy
here at all, though!" he tells his
agent, Jamal. "I'm outside all the
time and can only just barely hear
the planes! Would it be okay if I
didn't fill out this disclosure?" What
should Jamal say?
"If the noise really isn't troublesome,
then you don't have to disclose it."
"Remember that Virginia is a caveat
emptor state. You don't have to
disclose this."
"You do have to disclose this,
because the buyer can find out this
information pretty easily."
"You must disclose this, because
otherwise the buyer can take legal
action against you."
The Notice to Purchaser(s) section
Which section of the Residential
Contract of Purchase explains to
buyers where they can obtain
information about sex offenders
living in the area?
The Miscellaneous section
The Notice of Disclosure Pursuant to
Virginia Residential Property
Disclosure Act
Notice to Purchaser(s) Section
Seller's and Purchaser's Options
section
Practice Exams
2025/2026
Exam Prep Material
with
Verified Questions and Answers
A+ Grades Guarantee
, 14 days after receipt of the written request
Sandy is a real estate licensee who is
listing a condo for her client. Sandy
sends a note to the owner's
association requesting a condo
disclosure package. How long does
the association have to provide this
to her and her client?
The Equipment Condition and Inspection section
Which section of the Residential
Contract of Purchase states that the
seller is responsible for maintaining
the property in the same condition as
it is on the contract date, the
inspection date, or some other date
specified by the buyer?
The Equipment Condition and
Inspection section
The Real Property section
The Risk of Loss section
The Settlement; Possession section
No, transfers resulting from foreclosure sale are exempt.
Stacey's home has been sold as a
result of foreclosure proceedings.
Does she need to provide the
purchaser with a property disclosure
statement?
No, Stacey doesn't need to provide
the disclosure statement, but the
bank does.
No, transfers resulting from
foreclosure sale are exempt.
Yes, all sales (even foreclosure sales)
require disclosure.
Yes, all transfers of real property
require disclosure.
, You must disclose this, because otherwise the buyer can take legal action
against you
After looking up his property on an
official zoning map, Nathan sees that
the house he's trying to sell is in a
military noise zone of more than 65
average decibels. "It's never noisy
here at all, though!" he tells his
agent, Jamal. "I'm outside all the
time and can only just barely hear
the planes! Would it be okay if I
didn't fill out this disclosure?" What
should Jamal say?
"If the noise really isn't troublesome,
then you don't have to disclose it."
"Remember that Virginia is a caveat
emptor state. You don't have to
disclose this."
"You do have to disclose this,
because the buyer can find out this
information pretty easily."
"You must disclose this, because
otherwise the buyer can take legal
action against you."
The Notice to Purchaser(s) section
Which section of the Residential
Contract of Purchase explains to
buyers where they can obtain
information about sex offenders
living in the area?
The Miscellaneous section
The Notice of Disclosure Pursuant to
Virginia Residential Property
Disclosure Act
Notice to Purchaser(s) Section
Seller's and Purchaser's Options
section
