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

Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. Lola has an easement that allows her to cross her neighbor's back lot to reach her home. It runs with the land. What kind of easement does Lola have?

A) easement for light and air
B) easement in gross
C) easement appurtenant
D) easement by prescription

2. Any non-natural structure built on or affixed to land is an:

A) improvement
B) encumbrance
C) emblements
D) appurtenance

3. What is a marketable title?

A) the official opinion of an attorney regarding the condition of a property's title
B) an abbreviated history of a property, including information on any transfers, grants, wills, conveyances, liens, and encumbrances
C) a title free from significant encumbrances or defects (such as liens) that might prevent a purchaser from enjoying or eventually selling the property
D) constructive or actual notice of real property ownership

4. Which of the following is NOT an option that a seller has after receiving a counteroffer?

A) allow the offer to expire
B) accept the offer
C) discharge the contract
D) reject the offer in writing

5. Contracts for the initial purchase of a cooperative interest may be rescinded without penalty how many days after either contract ratification or receipt of the POS?

A) 14 days
B) 5 days
C) 10 days
D) 21 days

Solutions: