Online Access Free Virginia-Real-Estate-Salesperson Exam Questions

Alana is renting a three-bedroom home for one year. Alana is the:

• A.tenant or lessee
• B.tenant or lessor
• C.holdover tenant
• D.optionor

Harry, an agent, transfers some money from an escrow account into his personal savings accounts. What is he doing and is it legal or illegal?

• A.This is commingling, and it is legal.
• B.This is commingling, and it is illegal.
• C.This is conversion, and it is illegal.
• D.This is conversion, and it is legal.

In Virginia, the grantor tax rate is currently $0.50 per $500 of the sales price. How much would the taxes be on a $756,000 home purchase?

• A.$1,512
• B.$15,120
• C.$756
• D.$7,560

Which of these is a naturally occurring radioactive gas that emanates from rocks, soil, and water and can cause lung cancer?

• A.radon
• B.chlordane
• C.carbon monoxide
• D.chlorofluorocarbons

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.equitable interest
• D.sole proprietorship