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| Section | Weight | Objectives |
|---|---|---|
| Virginia State Portion (30 questions) | 20% | - Virginia-Specific Statutes
|
| National Portion (120 questions) | 80% | - Property Ownership and Land Use
|
Question 1
What rights govern the use of flowing water, such as rivers or streams?
A. littoral rights
B. appropriative rights
C. percolating rights
D. riparian rights
Question 2
Who regulates fair housing advertising?
A. ECOA
B. HUD
C. HMDA
D. CRA
Question 3
Norah just purchased a warehouse with dimensions of 25 ft. by 15 ft. She wants to carpet the floor. How many square YARDS of carpet does she need?
A. 125 sq. yds.
B. 375 sq. yds.
C. 41.67 sq. yds.
D. 80 sq. yds.
Question 4
A leasehold agreement where the base rent changes is called a:
A. net lease
B. percentage lease
C. lease-purchase agreement
D. variable lease
Question 5
What is the legal doctrine by which the decedent's property will pass to the state without their consent if that individual dies without a will, a surviving spouse, lineal descendants, or other known heirs?
A. escheat
B. variance
C. eminent domain
D. police power
Solutions:
| Question 1 Answer: D | Question 2 Answer: B | Question 3 Answer: C | Question 4 Answer: D | Question 5 Answer: A |
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