Virginia Real Estate Salesperson Exam: Virginia-Real-Estate-Salesperson Exam
"Virginia Real Estate Salesperson Exam", also known as Virginia-Real-Estate-Salesperson exam, is a Real Estate Licensing Certification. With the complete collection of questions and answers, PrepPDF has assembled to take you through 125 Q&As to your Virginia-Real-Estate-Salesperson Exam preparation. In the Virginia-Real-Estate-Salesperson exam resources, you will cover every field and category in Real Estate Licensing Certification Certification helping to ready you for your successful Real Estate Licensing Certification.
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- Exam Code: Virginia-Real-Estate-Salesperson
- Exam Name: Virginia Real Estate Salesperson Exam
- Certification Provider: Real Estate Licensing
- Corresponding Certification: Real Estate Licensing Certification
- Updated: Oct 12, 2026
- No. of Questions: 125 Questions & Answers with Testing Engine
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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Real Estate Practice & Ethics | - Professional conduct
|
| Topic 2: Virginia Law & Regulations | - State-specific rules
|
| Topic 3: Contracts | - Real estate contracts
|
| Topic 4: Property Ownership | - Types of ownership
|
| Topic 5: Real Estate Calculations | - Math applications
|
| Topic 6: Agency Relationships | - Broker-client relationships
|
| Topic 7: Land Use Controls & Regulations | - Government restrictions
|
| Topic 8: Financing | - Mortgage concepts
|
| Topic 9: Valuation and Market Analysis | - Appraisal concepts
|
Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
The EGI of a building is $300,000. The operating costs are $30,000.
What is the NOI of the building?
- A. $270,000
- B. $215,000
- C. $332,000
- D. $264,000
Correct Answer: A 🗳️
Explanation: Only visible for PrepPDF members. You can sign-up / login (it's free).
What do ostensible agency and agency by estoppel have in common?
- A. They both concern a third party's decision to go unrepresented in a transaction.
- B. They are both forms of third-party agency no longer recognized in the U.S.
- C. They both arise when a third party is ted to mistakenly believe that agency exists between a principal and an agent.
- D. They both arise when a third party correctly believes that agency exists between a principal and an agent.
Correct Answer: C 🗳️
Explanation: Only visible for PrepPDF members. You can sign-up / login (it's free).
Which of the following provides the BEST explanation for why disclosure of material facts is required?
- A. Not all material facts are readily discernible.
- B. If known, they could cause a buyer or seller to take a different course of action.
- C. The material a property is made of can influence its value.
- D. All facts related to a real estate transaction must be disclosed.
Correct Answer: B 🗳️
Explanation: Only visible for PrepPDF members. You can sign-up / login (it's free).
Who regulates fair housing advertising?
- A. ECOA
- B. HUD
- C. HMDA
- D. CRA
Correct Answer: B 🗳️
Explanation: Only visible for PrepPDF members. You can sign-up / login (it's free).
What is the difference between assemblage and plottage?
- A. Assemblage is the act of building a new building, and plottage is the act of creating a new parcel of land.
- B. Assemblage is the first step in creating a new subdivision, and plottage is the second step.
- C. Assemblage involves combining parcels of land, and plottage involves splitting parcels of land.
- D. Assemblage is the act of combining parcels of land, and plottage is the resulting increase in value.
Correct Answer: D 🗳️
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