Virginia Real Estate Exam Bundle with Complete Solutions

Virginia Real Estate Exam Prep, VA Questions and 100% Correct Answers VREB Stands For - ANSWER Virginia Real Estate Board Title 54.1, Chapter 21 of the Code of Virginia Defines - ANSWER the composition and authority of the Virginia Real Estate Board; Also sets for the requirements for licensur...

Virginia Real Estate License Exam Question and Answers A nonresident who obtains a license as an active salesperson in VA is required to do which of the following? 1. Move to VA within 6 months of licensure. 2. Post a bond. 3. Maintain an escrow account in VA. 4. Activate with a VA licensed ...

VA Real Estate Exam 2023 Rated 100% Correct Personal Property - ANSWER -generally movable and unattached to land -may be tangible (cars, boats, jewelry) -may be intangible (stocks, bonds, mortgages) -includes: trade fixtures & fructus industriales (emblements) Trade Fixtures - ANSWER -items...

Virginia Real Estate Exam Questions and Answers 100% Verified If, after passing the licensing exam, more than twelve months passes before applying for a license, the applicant must then _______________ before he can apply for a license. - ANSWER Re-take and pass the exam again. Under the Virgi...

Which of the following is NOT an example of a misrepresentation or omission? a. Kari knows that the low rent she's advertising for some new apartments is too good to be true, but she advertises it anyway. b. Katherine's ad for her newly-renovated home states, "new from the studs up." Her c...

VA State Real Estate Exam Questions and Answers Graded A Basic Licensing Terms: Active Status - ANSWER Any broker salesperson that is legally engaging in regulated acts of real estate brokerage Basic Licensing Terms: Actively Engaged - ANSWER One with an active licenses, engaged in at least 40...

Virginia Real Estate - State Portion Exam Questions and Answers Settlement Agent - ANSWER The person charged with coordinating the activities and documentation necessary for completing a real estate transaction. Cannot be a Real estate salesperson Principle Broker - ANSWER the one licensee who...

Virginia State Real Estate Exam 2023 100% Verified

VA Real Estate License Exam- Disclosures with Complete Solutions In a residential real estate transaction there are disclosures that the seller is required to make to the buyer. The Virginia Real Estate Board produces two forms that, in most cases, must be given to the buyer. One of these forms i...

VA Real Estate Exam 2023 Rated 100% Correct!! Transact the client's affairs in a certain business. - ANSWER A general agency empowers the agent to: The client (seller), the agent (broker), or by mutual consent. - ANSWER A listing agreement may be terminated by: d. The buyer has had previou...

Virginia Real Estate Exam Prep with Complete Questions and Answers VREB Stands For - ANSWER Virginia Real Estate Board Title 54.1, Chapter 21 of the Code of Virginia Defines - ANSWER the composition and authority of the Virginia Real Estate Board; Also sets for the requirements for licensure, ...

Virginia Real Estate (Licensing) 2023 Questions and Answers Who is not required to have a license to sell RE? - ANSWER Those: (1) selling their own property, (2) act without compensation under POA, (3) resolve client issues as a licensed attorney, (4) follow a court order, (5) auctioneers, (6) re...

Real Estate Salesperson Exam - VA State and National Questions and Answers Abstract of Title - ANSWER A condensed history of property An acre contains (sq. ft.) - ANSWER 43,560 sq. ft. An administrator is - ANSWER appointed by the courts to dispose of property when someone dies intestate ...

Real Estate Express Course Final - VA License Law and National THE LANDLORD CAN ISSUE ONE OF TWO THINGS IF THE TENANT IS IN DEFAULT FOR NOT PAYING RENT? - ANSWER Five-Day Pay-Or-Quit Notice Unlawful Detainer Warrant WHO HAS THE RESPONSIBILITY TO CREATE AND AMEND THE REAL ESTATE CODE OF VI...