VA Real Estate
VA Real Estate
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VA Real Estate Practice Exam 4 Answered 2024
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VA Real Estate Practice Exam 4 Answered 2024
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VA Real Estate Moseley Test Questions and Answers 2024
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What are the classes of Property? - Personal Property and Real Property 
 
What is personal property? - Generally movable and unattached items. 
 
What is a trade fixture? - Personal property used for a person's business. (even if it attached to the real estate) 
 
What is Fructus Industriales? - Crops also known as chattle. 
 
What general categories does personal property fall under? - Intellectual, reputation, leases, partnership interests. 
 
Real Property - Everything within a specified blo...
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VA Real Estate Moseley Test Questions and Answers with Complete Solutions Graded A 2024-2025
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What are the classes of Property? - Personal Property and Real Property 
 
What is personal property? - Generally movable and unattached items. 
 
What is a trade fixture? - Personal property used for a person's business. (even if it attached to the real estate) 
 
What is Fructus Industriales? - Crops also known as chattle. 
 
What general categories does personal property fall under? - Intellectual, reputation, leases, partnership interests. 
 
Real Property - Everything within a specified bl...
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VA Real Estate Exam 2023-2024 with Complete Solutions
- Exam (elaborations) • 12 pages • 2023
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VA Real Estate Exam 2023-2024 with Complete Solutions 
 
VA Real Estate Exam 2023-2024 with Complete Solutions 
 
VA Real Estate Exam 2023-2024 with Complete Solutions 
Transact the client's affairs in a certain business. - ANSWER-A general agency empowers the agent to: 
 
The client (seller), the agent (broker), or by mutual consent. - ANSWER-A listing agreement may be terminated by: 
 
d. The buyer has had previous credit problems which may have an impact on loan qualifications - ANSWER-Which...
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VA Real Estate Exam Questions and Answers 100% Pass
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VA Real Estate Exam Questions and Answers 100% Pass Personal Property -generally movable and unattached to land -may be tangible (cars, boats, jewelry) -may be intangible (stocks, bonds, mortgages) -includes: trade fixtures & fructus industriales (emblements) 
Trade Fixtures -items of personal property brought to the premises by the tenant that are necessary to carry on the trade or business 
Fixtures -items that were once movable that are now affixed to real estate and becomes real property (fe...
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VA REAL ESTATE - Unit 1 Review Questions and Answers
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VA REAL ESTATE - Unit 1 Review Questions and Answers
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VA Real Estate Final Exam Questions and Answers(RATED A+)
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In Virginia, a landlord must provide a copy of the written rental agreement. When must this be provided? - ANSWER-Within one month of the agreement's effective date 
 
Which of the following is a task that a licensee could perform for a customer in a transaction? - ANSWER-Providing the opposing party with signed copies of paperwork 
 
Erin, a contractor and licensee, is selling one of a group of homes she built this year. Which of the following is true about her disclosure responsibilities? - A...
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VA Real Estate Exam Pt. 1 Correct 100%
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Sole Proprietor: Principal Broker Owner - Answer An individual broker, not a firm, trading under his or her bame or a ficticious name registered with the board. NO business entity firm license required 
 
Sole Proprietor: Non-Broker Owner - Answer A brokerage firm owned by an unlicensed individual. The firm must get a business entity firm license before transacting RE business. The firm still must have a licensed principal broker 
 
Inactive Status - Answer Any broker or salesperson not under su...
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VA Real Estate Exam Questions and Answers 100% Solved
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A developer put two lots together and sold them as one large lot. The increase in value is referred to as: - ANSWER-plottage 
 
A 20-unit apartment building rented for $750 per month. The annual gross income multiplier was 9. What is the value of the property? - ANSWER-1,620,000 
 
he Virginia Real Estate Board is composed of _______ members who have been licensed real estate brokers or salespersons for at least ____ consecutive years and ____ citizen members - ANSWER-7 
5 
2 
 
The terms of VA ...
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VA Real Estate Exam 2023-2024 Questions with Complete Solutions(RATED A)
- Exam (elaborations) • 12 pages • 2023
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Transact the client's affairs in a certain business. - ANSWER-A general agency empowers the agent to: 
 
The client (seller), the agent (broker), or by mutual consent. - ANSWER-A listing agreement may be terminated by: 
 
d. The buyer has had previous credit problems which may have an impact on loan qualifications - ANSWER-Which of the following MUST be disclosed by an agent to his client in a Real Estate transaction. 
 
a. Minority groups are moving into the area 
b. The average commission re...
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