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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 consummation of a real estate sale is known as the:

A) signing of the contract
B) closing
C) offer and acceptance
D) option period

2. Harry, an agent, transfers some money from an escrow account into his personal savings accounts. What is he doing and is it legal or illegal?

A) This is commingling, and it is legal.
B) This is conversion, and it is illegal.
C) This is commingling, and it is illegal.
D) This is conversion, and it is legal.

3. The VRLTA applies to:

A) anyone who owns a commercial property
B) anyone who owns one property
C) anyone who owns more than two rental properties
D) anyone who owns more than five rental properties

4. 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) $2,000
C) six months' rent
D) one month's rent

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

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

Solutions: