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Real Estate Salesperson Exam — National Portion

Agency (VA): practice questions

Our Real Estate (National) bank has 10 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Virginia

Must a Virginia seller's agent keep seeking offers after the property is under contract?

  1. Yes, always
  2. No, unless the agreement or contract provides for it
  3. Only for 10 days
  4. Only if the buyer agrees
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B. No, unless the agreement or contract provides for it — Va. Code 54.1-2131(A)(2)(a).

Question 2 · Virginia

After a Virginia brokerage agreement ends, which duty continues?

  1. Seeking offers
  2. Keeping the client's personal and financial information confidential
  3. Showing properties
  4. Presenting offers
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B. Keeping the client's personal and financial information confidential — Va. Code 54.1-2137(D); accounting for money also continues.

Question 3 · Virginia

What standard of care must a Virginia licensee engaged by a seller exercise?

  1. Ordinary care
  2. Fiduciary care of a trustee
  3. No duty of care
  4. The highest possible care
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A. Ordinary care — Va. Code 54.1-2131(A)(4).

Question 4 · Virginia

How must a Virginia seller's agent disclose known material adverse physical defects to buyers?

  1. Orally
  2. In writing
  3. Only if asked
  4. They need not disclose
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B. In writing — Va. Code 54.1-2131(B).

Question 5 · Virginia

Which is NOT part of "physical condition of the property" a Virginia seller's agent must disclose?

  1. A leaking roof
  2. Matters about nearby properties
  3. A cracked foundation in the house itself
  4. Known defective drywall
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B. Matters about nearby properties — Va. Code 54.1-2131(B).

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