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"Virginia Real Estate Salesperson Exam", also known as Virginia-Real-Estate-Salesperson exam, is a Real Estate Licensing Certification. With the complete collection of questions and answers, Pass4sureCert has assembled to take you through 125 Q&As to your Virginia-Real-Estate-Salesperson Exam preparation. In the Virginia-Real-Estate-Salesperson exam resources, you will cover every field and category in Real Estate Licensing Certification Certification helping to ready you for your successful Real Estate Licensing Certification.
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| Section | Objectives |
|---|---|
| Agency Relationships | - Broker-client relationships
|
| Land Use Controls & Regulations | - Government restrictions
|
| Contracts | - Real estate contracts
|
| Real Estate Calculations | - Math applications
|
| Property Ownership | - Types of ownership
|
| Valuation and Market Analysis | - Appraisal concepts
|
| Virginia Law & Regulations | - State-specific rules
|
| Real Estate Practice & Ethics | - Professional conduct
|
| Financing | - Mortgage concepts
|
Which of the following is NOT an option that a seller has after receiving a counteroffer?
Correct Answer: D 🗳️
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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?
Correct Answer: D 🗳️
Explanation: Only visible for Pass4sureCert members. You can sign-up / login (it's free).
What are mortgage-backed securities?
Correct Answer: C 🗳️
Explanation: Only visible for Pass4sureCert members. You can sign-up / login (it's free).
Marie agreed to a contract in which she can lease a house for a period of two years and then has the option to buy the home if she can secure financing. What type of contract is this?
Correct Answer: D 🗳️
Explanation: Only visible for Pass4sureCert members. You can sign-up / login (it's free).
Rosa is trying to get approved for a loan so she can purchase a new home. What type of value will the lender use to determine whether or not to approve Rosa's loan?
Correct Answer: C 🗳️
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