VRES - Virginia Real Estate Salesperson Exam

Question 1: The Virginia Real Estate Board is made up of members who must include both licensed practitioners and members of the general public, with the licensed seats reserved for people who have worked in brokerage for several consecutive years. Which of the following describes the Board's composition?

Seven members, five licensees, two citizens

Twelve members, nine licensees, three citizens

Nine members, seven licensees, two citizens

Eleven members, eight licensees, three citizens

Question 2: Among the licensed seats on the Virginia Real Estate Board, the statute singles out one appointee who must bring a particular practice background to the table rather than general brokerage experience. Which of the following describes that required area of expertise?

Residential property management

Commercial appraisal

Land development

Mortgage lending

Question 3: A licensed broker in Roanoke runs her brokerage as a sole proprietorship under her own legal name and holds no separate firm license. A colleague tells her she is operating illegally. Which of the following correctly states the Virginia rule on firm licensure?

Every brokerage needs a firm license

Sole proprietorships are barred from brokerage

Only branch offices need firm licenses

Broker sole proprietors need no firm license

Question 4: Three salespersons and one associate broker at a Virginia Beach firm want to market themselves jointly under a shared team name and split leads among the group. Before they may act as a real estate team, which of the following must they obtain from the Board?

A business entity salesperson's license

A real estate team license

A branch office license

A firm license in the team name

Question 5: A principal broker headquartered in Fredericksburg decides to open a second staffed office in Stafford County that will be held out to the public as a place of business. Which of the following does Virginia law require before that second location may operate?

A second firm license

Written notice to the local governing body

A branch office license for that location

A concurrent license for the office manager

Question 6: A Board investigator visits the primary place of business of a Chesterfield County brokerage and asks to see what the regulations require the principal broker to keep readily accessible to the public. Which of the following correctly identifies that required set of documents?

Firm, principal broker, and all active licenses

Only the firm license

The firm license and escrow bank statements

A roster of licensees and closing files

Question 7: A broker who lives in Virginia and holds an active Virginia broker's license wants to work entirely from a laptop while traveling, with no fixed office anywhere. Which of the following statements reflects what Virginia law requires of a resident broker?

Any office in a neighboring state suffices

No office is required for solo brokers

A post office box satisfies the requirement

A Virginia place of business is required

Question 8: An active salesperson in Arlington wants to affiliate with a second brokerage so she can handle commercial leads there while keeping her residential business at her current firm in Fairfax. Which of the following best describes what Virginia permits?

She may affiliate freely with written notice

She may hold two salesperson licenses concurrently

Concurrent licenses are available to brokers only

Concurrent licensure requires three years of experience

Question 9: Every real estate firm in Virginia must designate one individual broker whose job is to ensure the firm complies with the licensing chapter of the Code and with the Board's regulations. Which of the following identifies the licensee who fills that role?

Associate broker

Principal broker

Supervising broker

Managing salesperson

Question 10: A Virginia salesperson leaves her brokerage in Winchester, does not affiliate with a new principal broker, and stops performing any activity that requires a license. Which of the following describes the status the Board's regulations assign to her license?

Inactive status

Suspended status

Expired status

Escrow status

Question 11: A woman who owns a small apartment building in Lynchburg advertises the vacant units herself, shows them to applicants, and signs the leases in her own name. She holds no real estate license. Which of the following best describes her position under Virginia law?

She must hold a salesperson's license

She must use a licensed broker

She needs a property management endorsement

She is exempt as the owner

Question 12: A Richmond attorney refers a client who is selling a commercial building to a broker friend, and the broker offers to share part of the commission as thanks. The attorney holds no real estate license. Which of the following applies?

The fee is permitted legal work

Sharing is allowed if the client consents

The attorney may not receive broker compensation

The attorney needs a firm license

Question 13: An unlicensed individual appointed by a Henrico County court as executor of an estate lists and sells the decedent's residence under the court's order. A neighbor questions whether that sale required a license. Which of the following correctly resolves the question?

Court-appointed fiduciaries are exempt from licensure

Executors must hold a salesperson's license

Only the estate's attorney may sell

The exemption applies only to bankruptcy trustees

Question 14: A tenant living in an apartment community in Harrisonburg tells a coworker about a vacancy in her building, the coworker signs a lease, and the owner pays the tenant a thank-you sum for the introduction. Which of the following describes the tenant's exposure?

She has engaged in unlicensed brokerage

She is exempt as an existing tenant

Only a rent credit may be paid

The owner alone bears the liability

Question 15: A broker licensed and in good standing in Maryland wants to assist a client with a Virginia transaction without obtaining a Virginia license. Which of the following describes the only category of Virginia property for which a statutory exemption may allow that assistance?

Residential property under four units

Property listed by a Virginia cooperating broker

New construction offered by a builder

Commercial real estate

Question 16: A busy agent in Alexandria asks her unlicensed assistant to sit at a Saturday open house and walk visitors through the property while she attends a closing. Which of the following describes whether the regulations permit that arrangement?

Permitted if the agent stays reachable

Permitted because no negotiation occurs

Not permitted; both activities require licensure

Permitted if visitors sign a disclosure first

Question 17: A brokerage in Newport News wants to give its unlicensed staff more responsibility without crossing the line into activity that requires a license. Which of the following tasks may an unlicensed assistant lawfully perform for the firm under the Board's regulations?

Explaining lease terms to a prospective tenant

Quoting a commission rate to a seller

Answering a caller's questions about financing

Placing signs and submitting listings for publication

Question 18: An unlicensed office manager at a Norfolk firm takes a call from a cooperating broker who wants to settle how the commission will be divided on a pending sale. Which of the following describes what the office manager may do?

Nothing; only a licensee may negotiate

Agree now, subject to later broker approval

Confirm the split the listing already states

Negotiate the split but not sign anything

Question 19: A candidate preparing to sit for the Virginia salesperson examination wants to confirm how much prelicense instruction the Code requires before she may apply. Which of the following states the minimum classroom or distance-learning requirement for a salesperson applicant?

Thirty hours

Sixty hours

Ninety hours

One hundred eighty hours

Question 20: A Virginia salesperson planning to upgrade reads that the Code requires twelve semester hours of real estate instruction for a broker applicant, while her school advertises a classroom-hour figure instead. Which of the following classroom totals matches the statutory requirement?