Real Estate Licensing : Virginia-Real-Estate-Salesperson Questions & Answers
Updated: Jul 12, 2026
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Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:
1. Which of these ownership concepts gives each co-owner the right to possession of the whole property?
A) undivided interest
B) unity of time
C) sole proprietorship
D) equitable interest
2. In Virginia, how many years do records need to be kept for?
A) three years
B) five years
C) one year
D) two years
3. What was the outcome of Plessy v. Ferguson?
A) The Supreme Court decided that racial segregation of children in public schools was illegal.
B) The Supreme Court decided that the enforcement of racially based restrictive covenants was illegal.
C) The Supreme Court decided that racially based zoning was illegal.
D) The Supreme Court decided that "separate but equal" separation of the races was legal as long as Black and white facilities were equal.
4. Which environmental law requires federal agencies to prepare environmental impact assessments and statements before undertaking a potentially impactful act?
A) The Clean Air Act
B) Resource Conservation and Recovery Act
C) The Clean Water Act
D) The National Environmental Policy Act
5. The purpose of discount points is:
A) to lower the property value for purposes of tax savings
B) to lower the amount due at closing
C) to lock in an interest rate for a specified time prior to closing
D) to lower the interest rate over the life of the loan
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: D |
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