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Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Syllabus Topics:

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. What would make claims based on a contract unenforceable?

A) mutual assent, lawful objective, and reality of consent
B) assignment, mediation, and arbitration
C) specific performance, rescission, and forfeiture
D) the statute of limitations and doctrine of laches

2. Per se violations are:

A) acts that are in violation of CAN-SPAM
B) acts that are NOT considered inherentty illegal
C) acts that are in violation of the TCPA
D) acts that are considered inherently illegal

3. According to the Virginia Residential Landlord Tenant Act (VRLTA) what is the maximum amount a landlord may keep as a security deposit?

A) two months' rent
B) six months' rent
C) one month's rent
D) $2,000

4. Which of these is a federal law that aims to protect people and the environment from the harmful effects of air pollution?

A) Clean Air Act
B) Superfund Amendments and Reauthorization Act
C) CERCLA
D) Safe Drinking Water Act

5. A building has an NOI of $130,000 and is being valued with a cap rate of 4%. Using the income approach, what is the value of the building?

A) $3.250,000
B) $4,130,000
C) $1,300.000
D) $2.450,000

Solutions: