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[General] Virginia-Real-Estate-Salesperson Authorized Test Dumps & Virginia-Real-Estat

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【General】 Virginia-Real-Estate-Salesperson Authorized Test Dumps & Virginia-Real-Estat

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Real Estate Licensing Virginia Real Estate Salesperson Exam Sample Questions (Q19-Q24):NEW QUESTION # 19
You're doing a CMA, and your three adjusted comps come in at $345,600, $352,800, and $359,900. What is a reasonable range to suggest for a listing price?
  • A. $330.000-$345,000
  • B. $360.000-$375,000
  • C. $300,000-$330,000
  • D. $345.000-$360.000
Answer: D
Explanation:


NEW QUESTION # 20
Alana is renting a three-bedroom home for one year. Alana is the:
  • A. holdover tenant
  • B. optionor
  • C. tenant or lessee
  • D. tenant or lessor
Answer: C
Explanation:
Tenant/lessee = person renting property under a lease.
Alana rents the home for one year → she is the tenant/lessee.
Other options:
(B) Holdover tenant - stays after lease expires.
(C) Optionor - person giving an option contract, not a renter.
(D) Lessor - landlord/owner, not tenant.
Reference:
Virginia Residential Landlord and Tenant Act (VRLTA), Code of Virginia §55.1-1200 Real Estate Principles - Leasehold Estates

NEW QUESTION # 21
Who regulates fair housing advertising?
  • A. HUD
  • B. ECOA
  • C. HMDA
  • D. CRA
Answer: A
Explanation:
The U.S. Department of Housing and Urban Development (HUD) regulates fair housing advertising under the Fair Housing Act (1968).
HUD issues rules on wording, images, and equal housing opportunity statements in ads.
Other agencies:
(A) HMDA (Home Mortgage Disclosure Act) - focuses on lending data, not advertising.
(C) CRA (Community Reinvestment Act) - ensures banks serve all communities fairly.
(D) ECOA (Equal Credit Opportunity Act) - prohibits discrimination in lending, not ads.
Reference:
Fair Housing Act, 42 U.S.C. §3601 et seq.
HUD Fair Housing Advertising Guidelines
Virginia Fair Housing Law (Title 36, Chapter 5.1)

NEW QUESTION # 22
What is a deed containing the strongest and broadest form of guarantee of title?
  • A. general warranty deed
  • B. quitclaim deed
  • C. special warranty deed
  • D. bargain and sale deed
Answer: A
Explanation:
A general warranty deed provides the strongest and broadest protection to the grantee (buyer). It guarantees that the grantor holds clear title to the property, free of encumbrances, and covers all claims against the property both before and during the grantor's ownership.
Quitclaim deed (A): Conveys only whatever interest the grantor has (if any) with no warranties.
Special warranty deed (B): Protects only against claims during the grantor's ownership.
Bargain and sale deed (D): Implies ownership but provides no warranties against liens or encumbrances.
Therefore, the general warranty deed is the strongest guarantee of title and most commonly used in Virginia residential real estate sales.
Reference (Virginia Real Estate):
Code of Virginia § 55.1-300 et seq. (Deeds)
Virginia Real Estate Board education requirements - Deeds and Transfer of Title A490-02REGS.pdf (Deeds & Title Transfer curriculum)

NEW QUESTION # 23
Which of the following is TRUE?
  • A. Virginia does enforce rent control, but only in large cities.
  • B. Virginia enforces rent control state-wide.
  • C. Virginia does enforce rent control, but only for commercial properties.
  • D. Virginia does not enforce rent control.
Answer: D
Explanation:
Virginia law does not allow or enforce rent control anywhere in the state.
Rental prices are governed by market conditions and lease agreements.
The Virginia Residential Landlord and Tenant Act (VRLTA) provides protections for tenants but does not regulate rental pricing.
Other options:
(A), (B), (C) → Incorrect, as Virginia law expressly prohibits local rent control ordinances.
Reference (Virginia Real Estate):
Code of Virginia § 55.1-1204 (VRLTA - rent regulation)
Virginia Real Estate Principles - Landlord-tenant law
A490-02REGS.pdf - Leasing curriculum

NEW QUESTION # 24
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