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Real Estate Licensing Virginia Real Estate Salesperson Exam Sample Questions (Q80-Q85):
NEW QUESTION # 80
Arnav is interested in a residential property because he loves the antique light fixtures installed in every room. Corey is the license holder helping Arnav find a property. Which of the following is MOST TRUE about Corey's situation?
- A. Corey should not address the light fixtures, as it is safe to assume light fixtures will convey with the property title.
- B. Corey should mention the light fixtures to his sponsoring broker in case issues come up later.
- C. Corey should specify in writing whether the light fixtures are the seller's personal property.
- D. Corey should specify verbally whether the light fixtures are the seller's personal property.
Answer: C
Explanation:
Fixtures are items attached to the property and usually transfer with the real estate. Light fixtures are typically considered fixtures, not personal property.
However, disputes can arise if sellers intend to take them.
To avoid ambiguity, the agent should specify in writing in the contract whether fixtures convey.
Other options:
(A) Verbal agreements are unenforceable under the Statute of Frauds.
(B) While fixtures usually convey, assumptions create disputes.
(C) Mentioning it to a broker is insufficient-needs to be in writing in the purchase agreement.
Reference (Virginia Real Estate):
Code of Virginia § 11-2 (Statute of Frauds)
Virginia Real Estate Principles - Fixtures vs. Personal Property
A490-02REGS.pdf - Contracts & property section
NEW QUESTION # 81
Which of the following is TRUE?
- A. Virginia does not enforce rent control.
- B. Virginia does enforce rent control, but only in large cities.
- C. Virginia enforces rent control state-wide.
- D. Virginia does enforce rent control, but only for commercial properties.
Answer: A
Explanation:
Virginia law does not allow or enforce rent control anywhere in the state.
Rental prices are governed by market conditions and lease agreements.
The Virginia Residential Landlord and Tenant Act (VRLTA) provides protections for tenants but does not regulate rental pricing.
Other options:
(A), (B), (C) → Incorrect, as Virginia law expressly prohibits local rent control ordinances.
Reference (Virginia Real Estate):
Code of Virginia § 55.1-1204 (VRLTA - rent regulation)
Virginia Real Estate Principles - Landlord-tenant law
A490-02REGS.pdf - Leasing curriculum
NEW QUESTION # 82
Which of the following is a unique quality of limited service agents in Virginia?
- A. Limited service agents can assist in residential transactions ONLY.
- B. Limited service agents can assist in both residential and commercial transactions.
- C. Limited service agents can assist in commercial transactions ONLY.
- D. Limited service agents can assist in neither residential nor commercial transactions.
Answer: B
Explanation:
In Virginia, a limited service agent is a licensee who enters into a brokerage agreement that provides fewer services than a standard brokerage agreement.
The law requires that the agent's limited duties must be disclosed in writing.
These agents can operate in both residential and commercial transactions, not just one type.
Other options:
(A) Wrong - They can assist in both.
(B) Wrong - Not limited to residential.
(C) Wrong - Not limited to commercial.
Reference:
Code of Virginia §54.1-2138.1 (Limited service agent defined)
Real Estate Board Regulations, 18 VAC 135-20-300
NEW QUESTION # 83
Which of these is likely to be the lien with the highest priority?
- A. mortgage
- B. tax lien
- C. attachment lien
- D. mechanic's lien
Answer: B
Explanation:
Real estate tax liens (property taxes and special assessments) take highest priority over all other liens, regardless of recording date.
Priority order:
Property tax liens
Special assessments
Mortgages (by recording date)
Mechanic's liens (priority may vary but generally after taxes/mortgages) Other options:
(A) Mortgage - common lien but lower than tax lien.
(C) Attachment lien - granted by court, lower priority.
(D) Mechanic's lien - priority can date back to start of work, but still after tax liens.
Reference:
Code of Virginia §58.1-3340 et seq. (Real estate tax liens)
Virginia Real Estate Principles & Practices - Liens and Priority
NEW QUESTION # 84
Which of these describes a leasehold estate?
- A. Jung owns a building. He lives upstairs and runs the store downstairs.
- B. Terrence occupies an apartment he doesn't own. He pays his landlord rent every month.
- C. Janet owns a property she inherited from her father. There's a stipulation on the deed that it is only to be used for a residence. Otherwise, it reverts to him.
- D. Shannon lives in her uncle's apartment and has the right to occupy it for the remainder of her life. After that, the property reverts back to her uncte.
Answer: B
Explanation:
A leasehold estate grants the tenant the right to occupy/use property for a specified time, while ownership remains with the landlord.
Terrence paying rent for an apartment he does not own is a classic leasehold estate example.
Other options:
(B) Stipulation on deed = fee simple defeasible estate.
(C) Occupancy for life = life estate.
(D) Jung owning and occupying = fee simple ownership.
Reference:
Virginia Real Estate Principles & Practices - Types of Estates
NEW QUESTION # 85
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