Free Virginia Real Estate Practice Exam Online

Correct answer: C. Four years

Correct: § 54.1-2104 sets the term of office for Real Estate Board members at four years.

• A: Two years is incorrect; that is shorter than the term actually fixed by statute for Real Estate Board members.
• B: Three years is incorrect; Virginia does not set Real Estate Board terms at three years.
• D: Five years is incorrect and overstates the length of a Board member's term under the governing statute.

Correct answer: D. 60 hours

Correct: 18VAC135-20-400 requires completion of a Board-approved Principles and Practices of Real Estate course of at least 60 class hours covering enumerated subject areas.

• A: 45 hours is incorrect; that figure understates the pre-license course length that Virginia regulation actually requires.
• B: 90 hours is incorrect; that hour count is not the standard Virginia sets for salesperson pre-licensing education.
• C: 75 hours is incorrect and overstates Virginia's pre-license education requirement for salesperson applicants.

Correct answer: A. Two

Correct: Code of Virginia § 54.1-2104 establishes a nine-member Board consisting of seven members who have been actively engaged as licensed brokers or salespersons for at least seven consecutive years and two citizen members who are not licensees.

• B: Three is incorrect because the statute fixes the citizen-member seats at two, not three, out of the nine total Board seats.
• C: Four is incorrect; a four-citizen-member Board would leave only five licensee seats, which does not match the seven-licensee, two-citizen composition set by statute.
• D: This is incorrect because the statute specifically reserves two of the nine seats for citizen members who are not real estate licensees, ensuring public representation on the Board.

Correct answer: C. Principles and Practices of Real Estate

Correct: 18VAC135-20-400 designates the required 60-hour salesperson pre-license course as 'Principles and Practices of Real Estate' at every approved school.

• A: This title is incorrect; it is not the name Virginia regulation uses for the standardized pre-license course.
• B: This title is incorrect; Virginia's regulation does not label the pre-license course with this name.
• D: This title is incorrect; it describes a narrower legal topic, not the full 60-hour pre-license curriculum Virginia requires.

Correct answer: D. A national portion and a Virginia state-specific portion

Correct: the PSI-administered exam is split into a national portion testing general real estate principles and a Virginia state-specific portion testing Virginia statutes and Real Estate Board regulations, each scored separately.

• A: This is incorrect; the exam is not structured around a standalone math section and an ethics section as its two graded divisions.
• B: This is incorrect; agency and contracts are topics tested within the two scored portions, not separate exam divisions themselves.
• C: This is incorrect; the exam is not organized by property type into residential and commercial sections.