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2025 Professional Practice Virginia-Real-Estate-Salesperson Exam Online | Virginia-Real-Estate-Salesperson 100% Free Exam Voucher
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Real Estate Licensing Virginia Real Estate Salesperson Exam Sample Questions (Q53-Q58):
NEW QUESTION # 53
One township contains how many sections?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
Explanation:
U. S. Public Land Survey System (PLSS)
Virginia Real Estate Principles - Land descriptions section
A490-02REGS.pdf - Legal descriptions curriculum
Explanation:
Under the Rectangular (Government) Survey System:
A township = 6 miles × 6 miles = 36 square miles.
Each township is divided into 36 sections.
Each section = 1 mile × 1 mile = 640 acres.
Reference (Virginia Real Estate):
NEW QUESTION # 54
In Virginia, agents practicing no agency (transaction coordinators) are sometimes referred to as:
- A. dual agents
- B. single agents
- C. intermediaries
- D. appraisers
Answer: C
Explanation:
In Virginia, agency law recognizes several forms of representation that real estate licensees may provide. These include standard agency, dual agency, and limited service agency. But Virginia also allows licensees to operate in a capacity where they provide no agency representation to either party.
No Agency (also called "Independent Contractor" or "Facilitator/Transaction Coordinator") When a licensee assists in a real estate transaction without representing either the buyer or the seller, they are said to be practicing "no agency." In this capacity, the licensee does not advocate for either side but may assist with paperwork, communication, and coordination of the transaction.
In Virginia, such licensees are sometimes referred to as intermediaries.
Why not the other options?
Single Agent (A): A single agent represents only one party (buyer or seller) in the transaction with full fiduciary duties. This is the most common agency relationship.
Dual Agent (C): A dual agent represents both buyer and seller in the same transaction with limited duties to each. This is a recognized but restricted practice in Virginia.
Appraiser (D): An appraiser is a licensed professional who provides valuation services and is not acting as an agent or intermediary in the transaction.
Because Mindy's question specifies no agency, the correct Virginia terminology aligns with "intermediary." Reference (without URLs):
Code of Virginia, Title 54.1, Chapter 21 - Real Estate Brokers, Salespersons, and Rental Location Agents (§ 54.1-2130 et seq.) (defining agency and non-agency relationships) Real Estate Board Regulations (18 VAC 135-20-10 Definitions; 18 VAC 135-20-300 Standards of Conduct) Virginia Real Estate Principles & Practices - discussion on transaction coordinators/intermediaries and their duties under no-agency status
NEW QUESTION # 55
The title of a fee simple determinable estate reverts automatically if title conditions are violated. How do fee simple condition subsequent estates compare?
- A. Ownership of condition subsequent estates reverts automatically, as it does with determinable estates.
- B. Ownership of condition subsequent estates reverts automatically, as it does with determinable estates, but it takes longer to process.
- C. If title conditions are violated, condition subsequent estates require legal action for estate ownership to revert.
- D. If title conditions are violated, condition subsequent estates require Supreme Court action, specifically, for estate ownership to revert.
Answer: C
Explanation:
A fee simple determinable estate automatically reverts to the grantor if the condition is violated (e.g., "so long as the land is used as a park"). No legal action is required.
A fee simple subject to condition subsequent estate, however, requires the grantor to take legal action (such as filing for repossession) if the condition is violated (e.g., "on the condition that the land is used as a park; if not, the grantor has the right of reentry").
Thus, the distinction is automatic reversion vs. reversion only through legal action.
Reference (Virginia Real Estate):
Virginia Real Estate Principles - Estates in Land section
NEW QUESTION # 56
An agreement that gives only one broker and the owner the right to sell the property is called a(n):
- A. exclusive right-to-sell listing
- B. exclusive agency listing
- C. open listing
- D. net listing
Answer: A
Explanation:
Exclusive right-to-sell listing = only one broker has the right to sell, and they earn commission regardless of who brings the buyer (broker, owner, or another agent).
Other options:
(A) Exclusive agency listing - owner may sell without paying broker.
(B) Open listing - multiple brokers, only procuring cause earns commission.
(D) Net listing - illegal in Virginia; seller sets net amount, broker keeps excess.
Reference:
Code of Virginia §54.1-2137 (Brokerage agreements)
Virginia Real Estate Principles & Practices - Listing Agreements
NEW QUESTION # 57
What is a deed containing the strongest and broadest form of guarantee of title?
- A. general warranty deed
- B. bargain and sale deed
- C. quitclaim deed
- D. special warranty 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 # 58
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