Va real estate - Study guides, Class notes & Summaries

Virginia Real Estate Exam Prep, VA Questions and answers | Latest 2024/25

In Virginia, a landlord must provide a copy of the written rental agreement. When must this be provided? - ANSWER-Within one month of the agreement's effective date Which of the following is a task that a licensee could perform for a customer in a transaction? - ANSWER-Providing the opposing party with signed copies of paperwork Erin, a contractor and licensee, is selling one of a group of homes she built this year. Which of the following is true about her disclosure responsibilities? - A...

PSI VA Real Estate Exam Questions And 100% Correct Answers...

The tax base in a jurisdiction is derived by subtracting exemptions from CORRECT ANSWER assessed values A developer put two lots together and sold them as one large lot. The increase in value is referred to as: CORRECT ANSWER plottage A 20-unit apartment building rented for $750 per month. The annual gross income multiplier was 9. What is the value of the property? CORRECT ANSWER 1,620,000 he Virginia Real Estate Board is composed of _______ members who have been licensed real estate br...

VA REAL ESTATE MOSELY TEST EXAM | 2024 UPDATE | 100% SOLVED SOLUTIONS

If there is in effect at the date of the foreclosure sale a real estate purchase contract to buy the property foreclosed upon and the real estate purchase contract provides that the earnest money deposit held in escrow by a firm or sole proprietorship shall be paid to a principal to the contract in the event of a termination of the real 25 estate purchase contract, what shall happen> correct answersIf there is in effect at the date of the foreclosure sale a real estate purchase contract to bu...

what happens to Lease transactions: security deposits. Any security deposit held by a firm or sole proprietorship? correct answersshall be placed in an escrow account by the end of the fifth business banking day following receipt, unless otherwise agreed to in writing by the principals to the transaction. Each such security deposit shall be treated in accordance with the security deposit provisions of the Virginia Residential Landlord and Tenant Act, Chapter 12 (§ 55.1-1200 et seq.) of Title 55...

According to the VRLTA, a copy of the written rental agreement must be provided to the tenant within ______________ of the agreement's effective date. CORRECT ANSWER One month In Virginia, a landlord must provide a copy of the written rental agreement. When must this be provided? CORRECT ANSWER Within one month of the agreement's effective date Which of the following is a task that a licensee could perform for a customer in a transaction? CORRECT ANSWER Providing the opposing party with ...

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