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Title: 2026 Trustable New Virginia-Real-Estate-Salesperson Dumps Help You Pass Virginia
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Real Estate Licensing Virginia Real Estate Salesperson Exam Sample Questions (Q45-Q50):NEW QUESTION # 45
Which of the following is NOT an option that a seller has after receiving a counteroffer?
Answer: A
Explanation:
When a seller receives a counteroffer, the original offer is terminated, and the seller has limited options:
Accept the counteroffer.
Reject it in writing.
Allow it to expire without response.
They cannot "discharge the contract" because no binding contract exists until there is mutual acceptance of an offer. "Discharge" applies only to an already valid and executed contract (e.g., by performance, mutual rescission, or operation of law).
Reference (Virginia Real Estate):
Code of Virginia Title 11 (Contracts)
Virginia Real Estate Principles - Offers & Counteroffers section
A490-02REGS.pdf - Contract law curriculum

NEW QUESTION # 46
Marty, who is not a real estate agent, owns a duplex. He lives in one unit and rents out the other. He turns down a amily with small children as tenants because he doesn't want to deal with noise. Evaluate the situation.
Answer: A
Explanation:
The Fair Housing Act protects against housing discrimination based on:
Race, color, religion, sex, national origin, familial status, and disability.
Familial status = protection for households with children under 18, pregnant women, or legal guardians of children.
Marty's refusal to rent to a family with small children violates familial status protections.
Exemption note (owner-occupied duplex rule): While the Fair Housing Act has a limited exemption for small owner-occupied dwellings ("Mrs. Murphy exemption"), Virginia Fair Housing Law does not allow discrimination based on familial status even in this situation.
Thus, the correct answer is familial status discrimination.
Reference:
Federal Fair Housing Act, 42 U.S.C. ¡ì3601 et seq.
Virginia Fair Housing Law, Code of Virginia Title 36, Chapter 5.1

NEW QUESTION # 47
Disclosure is an important part of a brokerage's duties and responsibilities. Which of the following is NOT an important disclosure all brokerages should make?
Answer: C
Explanation:
Brokerages have legal and ethical disclosure obligations, including:
Disclosure of agency (who the licensee represents).
Disclosure of financial condition (as it pertains to ability to complete transaction).
Disclosure of all offers (must present promptly).
However, disclosing demographics of race and ethnicity violates the Fair Housing Act because it could encourage steering or discrimination. This type of disclosure is explicitly prohibited.
Reference (Virginia Real Estate):
Federal Fair Housing Act (42 U.S.C. ¡ì¡ì 3601-3619)
Virginia Fair Housing Law, Code of Virginia Title 36, Ch. 5.1
Real Estate Board Regulations (18 VAC 135-20-300) - Standards of conduct

NEW QUESTION # 48
Vicarious liability is the common law concept that:
Answer: A
Explanation:
Vicarious liability is a common law concept where a person in authority is responsible for the actions of another acting on their behalf:
In real estate, brokers are vicariously liable for the actions of their salespersons/agents when those actions are within the scope of their authority.
This does not absolve agents of their own liability, but it means the broker shares responsibility for ensuring compliance with real estate law and ethical standards.
Other options:
(A) Wrong - liability doesn't depend on whether violations are taken to court.
(C) Wrong - brokers are not free from responsibility.
(D) Wrong - both brokers and agents can be held liable.
Reference (Virginia Real Estate):
Virginia Code ¡ì 54.1-2101 et seq. (Broker supervisory responsibilities) Real Estate Board Regulations 18 VAC 135-20-160 A490-02REGS.pdf - Agency law & fiduciary duties

NEW QUESTION # 49
A building has an NOI of $130,000 and is being valued with a cap rate of 4%. Using the income approach, what is the value of the building?
Answer: A
Explanation:

Reference (Virginia Real Estate):
Appraisal section in Virginia Principles & Practices
USPAP income capitalization approach standards
A490-02REGS.pdf - Real Estate Math & Valuation curriculum

NEW QUESTION # 50
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