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Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. John is a landlord. He has an applicant for an apartment who uses a cane. John tells her that she should go to the complex across the street, as they have more first-floor units available, and he doesn't want her to have to climb the stairs in his building. She thanks him for the tip. Evaluate.

A) John steered the applicant, which was a risky move, but it paid off this time.
B) John steered the applicant, which is never okay, even if she expressed appreciation.
C) John did nothing wrong. He simply evaluated the applicant and tried to do what was best for her.
D) John steered the applicant, but it was okay since she expressed appreciation.

2. What deed provides the grantee with the least protection of any deed, while putting the least liability on the grantor?

A) special warranty deed
B) general warranty deed
C) bargain and sale deed
D) quitclaim deed

3. Ernest is a third-party trustee who is holding a title for the lender of a home loan that is secured by a trust deed. The title gives Ernest limited rights sufficient to carry out the terms of the trust. What kind of title does Ernest hold?

A) dirty title
B) clean title
C) skinny title
D) naked title

4. Ben would like to construct a restaurant on a parcel of land. This particular parcel is not zoned for commercial use. Ben should go to the city and seek a(n):

A) exemption
B) use variance
C) deferrence
D) encroachment

5. What form of co-ownership features individual, undivided interest in the property and includes rights of inheritance rather than survivorship?

A) severalty
B) joint tenancy
C) tenancy by the entirety
D) tenancy in common

Solutions: