Real Estate Licensing Virginia Real Estate Salesperson 認定 Virginia-Real-Estate-Salesperson 試験問題:

1. Any non-natural structure built on or affixed to land is an:

A) emblements
B) improvement
C) appurtenance
D) encumbrance

2. Lillian is buying a home for $355,000. She is going to put down $75,000 as her down payment on her conventional loan. Will Lillian be required to pay private mortgage insurance?

A) Yes, her down payment does not meet the requirements to eliminate PMI.
B) No, her down payment is large enough to avoid PMI.
C) Yes, PMI is required until she reaches 50% equity.
D) No, but it depends solely on her credit score.

3. In Virginia, a supervising broker is:

A) a broker who has been designated by a principal broker to oversee the provision of real estate brokerage services by associate brokers and salespersons assigned to a branch office or a real estate team
B) the licensed broker of a firm who takes responsibility for the actions of the firm and licensees; there is only one in the firm
C) a broker who opts to work under another broker and has no agents assigned to them
D) a broker who is NOT affiliated with the brokerage representing a principal in a real estate transaction

4. What rights govern the use of flowing water, such as rivers or streams?

A) appropriative rights
B) percolating rights
C) riparian rights
D) littoral rights

5. The subject property has a pool valued at $30,000 and two bathrooms valued at $10,000 each. Comp 1 does not have a pool and has one less bathroom than the subject property.
What adjustments should be made to Comp 1's value?

A) subtract $20,000 from Comp 1's value
B) subtract $40,000 from Comp 1's value
C) add $20,000 to Comp 1's value
D) add $40,000 to Comp 1's value

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