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Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. Which of the following is NOT an option that a seller has after receiving a counteroffer?

A) accept the offer
B) reject the offer in writing
C) allow the offer to expire
D) discharge the contract

2. John is a landlord. He has an applicant for an apartment who uses a cane. John tells her that she should go to the complex across the street, as they have more first-floor units available, and he doesn't want her to have to climb the stairs in his building. She thanks him for the tip. Evaluate.

A) John steered the applicant, but it was okay since she expressed appreciation.
B) John steered the applicant, which is never okay, even if she expressed appreciation.
C) John did nothing wrong. He simply evaluated the applicant and tried to do what was best for her.
D) John steered the applicant, which was a risky move, but it paid off this time.

3. Alexa and Harrison have gone over every term and condition in the contract they have drawn up for the sale of Alexa's racehorse to Harrison. Neither party has any questions or desire to change anything about the agreement. Which essential element of a valid contract appears to have been realized?

A) consideration
B) mutual assent
C) lawful objective
D) reality of consent

4. What is a marketable title?

A) an abbreviated history of a property, including information on any transfers, grants, wills, conveyances, liens, and encumbrances
B) the official opinion of an attorney regarding the condition of a property's title
C) a title free from significant encumbrances or defects (such as liens) that might prevent a purchaser from enjoying or eventually selling the property
D) constructive or actual notice of real property ownership

5. Which of these is an example of a deed restriction?

A) Donald is required by the municipal government to have a certain number of bathrooms in his business.
B) A restriction in one subdivision development specifies that no boats or recreational vehicles may be kept on the street, driveway, or lot.
C) The city denies Darren a permit to open a pawn shop in a residential area.
D) Demi is required to file an environmental impact statement with the city before building a new subdivision.

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