Real Estate Licensing VIRGINIA REAL ESTA…
Q: 1
Which of these is likely to be the lien with the highest priority?
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Q: 2
Which of the following can be described as a nonexclusive listing agreement that gives multiple
brokers (and owners themselves) the right to sell property, and the individual who is considered to
have procured the cause of the sale is the one who will receive the commission?
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Q: 3
What does the VRLTA aim to do?
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Q: 4
A home is being sold "as is." Evaluate this situation.
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Q: 5
What is the goal of the Sherman Antitrust Act?
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Q: 6
Disclosure is an important part of a brokerage's duties and responsibilities. Which of the following is
NOT an important disclosure all brokerages should make?
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Q: 7
Trystan and Nia enter into a contract for the sale of a tiny house. Trystan is 17. Closing is supposed to
occur in two weeks. This contract is:
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Q: 8
Which of the following is NOT an option that a seller has after receiving a counteroffer?
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Q: 9
What is the difference between assemblage and plottage?
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Q: 10
What is the legal doctrine by which the decedent's property will pass to the state without their
consent if that individual dies without a will, a surviving spouse, lineal descendants, or other known
heirs?
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