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

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. The duty of obedience does not include requests or instructions that are:

A) ethical and legal but not advisable
B) not put in writing
C) illegal or unethical in any way
D) unnecessary

2. The government sends Ken a notice stating that his house and neighborhood will be demolished to build a much- needed water treatment plant. What is the government required to offer Ken in exchange for taking his property?

A) nothing, since it is for the public good
B) just compensation
C) whatever they decide is reasonable
D) whatever Ken asks for

3. A type of (usually commercial) lease in which the tenant pays a base rent amount and a percentage of their business profits to the landlord is a:

A) net lease
B) percentage lease
C) ground lease
D) gross lease

4. Larry's new tenant, who uses a wheelchair, asks Larry to install grab bars in the bathtub, as well as lowered light switches. The tenant is asking for:

A) bias, and Larry is not obligated to complete the request
B) injunctions, and the Americans with Disabilities Act (ADA) will cover the cost
C) accommodations, and Larry must pay for them, no matter the expense
D) modifications, and Larry can require that the tenant pay for their installation

5. The subject property has a pool valued at $30,000 and two bathrooms valued at $10,000 each. Comp 1 does not have a pool and has one less bathroom than the subject property.
What adjustments should be made to Comp 1's value?

A) add $20,000 to Comp 1's value
B) add $40,000 to Comp 1's value
C) subtract $20,000 from Comp 1's value
D) subtract $40,000 from Comp 1's value

Solutions: