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Real Estate Licensing Virginia Real Estate Salesperson Sample Questions:

1. The relationship between a property manager and the property owner is most comparable to that of a:

A) stockholder with the board of directors of a corporation
B) cashier with the owner of a store
C) salesperson with their broker
D) tenant with a landlord

2. What form of co-ownership features individual, undivided interest in the property and includes rights of inheritance rather than survivorship?

A) joint tenancy
B) severalty
C) tenancy by the entirety
D) tenancy in common

3. The title of a fee simple determinable estate reverts automatically if title conditions are violated. How do fee simple condition subsequent estates compare?

A) If title conditions are violated, condition subsequent estates require Supreme Court action, specifically, for estate ownership to revert.
B) Ownership of condition subsequent estates reverts automatically, as it does with determinable estates.
C) If title conditions are violated, condition subsequent estates require legal action for estate ownership to revert.
D) Ownership of condition subsequent estates reverts automatically, as it does with determinable estates, but it takes longer to process.

4. When an individual hails a cab and tells the driver where they want to be taken, that passenger has entered into what kind of contract?

A) implied
B) express
C) unilateral
D) written

5. Lola has an easement that allows her to cross her neighbor's back lot to reach her home. It runs with the land. What kind of easement does Lola have?

A) easement appurtenant
B) easement for light and air
C) easement in gross
D) easement by prescription

Solutions: