Virginia State Test Practice 2 Questions and Answers!

Virginia State Test Practice 2 Questions and Answers! After an investigation by the DPOR, what comes next in the complaint process? a. A hearing is held. b.. A meeting is held between the parties involved to determine the facts of the matter. c. Interviews with witnesses and statements are obtained. d. Interviews with witnesses and statements are obtained. -ANSWER b.. A meeting is held between the parties involved to determine the facts of the matter. Which of the following does Virginia's Condominium Act NOT do? a. Establishes condo owners' rights b. Mandates that all condo associations file a declaration c. Regulates how condos are created and sold d. Regulates the kind of mortgages that buyers can get -ANSWER d. Regulates the kind of mortgages that buyers can get Who usually pays the recordation tax in Virginia? a. the buyer b. the lender c. the listing agent d. the seller -ANSWER a. the buyer Which of the following would most likely be regulated by a POA? a. Allowable age for POA members b. Curfew for POA members c. Exterior paint for all POA residences d. Interior furnishings for all POA residences -ANSWER c. Exterior paint for all POA residences In Virginia, the floodplain consists of the floodway and the ______. a. Flood discharge area b. Flood fringe c. Property within a one mile radius d. Surrounding community -ANSWER b. flood fringe Gerald is selling a property that is not on public water and sewer systems. Per the purchase agreement he has signed with the buyers, he must provide a certificate proving that water from the well is safe, and that the sewage disposal system works. When must the certificate be dated? a. Not more than 15 days prior to settlement