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Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

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

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

2. Marty, who is not a real estate agent, owns a duplex. He lives in one unit and rents out the other. He turns down a\family with small children as tenants because he doesn't want to deal with noise. Evaluate the situation.

A) Marty has done nothing wrong. This housing situation is exempt from the Fair Housing Act.
B) Marty has violated the Fair Housing Act on grounds of marital status protections.
C) Marty has violated the Fair Housing Act on grounds of familial status protections.
D) Marty has violated the Fair Housing Act on grounds of parental status protections.

3. What is the legal doctrine by which the decedent's property will pass to the state without their consent if that individual dies without a will, a surviving spouse, lineal descendants, or other known heirs?

A) variance
B) eminent domain
C) police power
D) escheat

4. Bobby took out a commercial mortgage to pay for his new podcast studio. It is an interest-only loan of $800,000 with an interest rate of 4.5%. How much will Bobby pay in interest over the year?

A) $3,500
B) $36.000
C) $45,000
D) $10,500

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

Solutions: