Virginia Real Estate Salesperson Practice Exam
Free Practice Exam
Test your knowledge with 10 questions from our pool of 20 free questions.
- 10 questions per attempt
- 30 minute time limit
- Unlimited attempts
- A new mix each time
- Instant results
Full Practice Exam
Complete exam simulation matching the real PSI test format.
- 40 questions (same as real exam)
- 45 minute time limit
- 6 topic areas covered
- 188 questions in pool
- Detailed explanations
Texts preferred · 9am–9pm Central
Virginia Real Estate Salesperson Practice Exam Guide
What's on the exam
Questions per topic, out of 40This practice exam follows the official content outline for the Virginia Real Estate Salesperson exam: Virginia Licensing, Virginia Escrow Accounts, Virginia Disclosure Requirements, Virginia Agency Definitions and Relationships, Virginia Fair Housing Law and Regulations, Virginia Acts Pertaining to Real Estate Practice.
- Free practice exam: 10 questions per attempt, retake as often as you like.
- Full practice exam: 40 questions on a 45 minutes clock, a new draw from our bank every attempt.
Virginia Licensing 8 items
Our study plan for this topic: Qualifications/Requirements; Broker Supervisory Requirements; Disciplinary Procedures and Sanctions (Improper Dealings, Improper Brokerage); Inspection of Records and Audits; Record keeping requirements; License types and activities requiring license; License Maintenance (Post-license education, Continuing education, License transfer, Informing Board of changes); Article 3. Duties of Real Estate Brokers and Salespersons.
Virginia Escrow Accounts 2 items
Our study plan for this topic: Escrow account requirements; Handling of client funds; Commingling and improper maintenance of escrow funds; Disbursement of escrow funds and commission entitlement; Escrow account record-keeping requirements; Escrow procedures in lease and property management transactions; Escrow funds during foreclosure; Prohibited acts related to earnest money deposits.
Virginia Disclosure Requirements 10 items
The outline lists: Property Disclosure (including Chesapeake Bay Act); Aircraft Noise/Crash Disclosure; Septic Disclosure; Megans Law; Stigmatized Properties; HOA/POA disclosures (timing for review/cancellation, what constitutes delivery); Advertising Rules; Article 3. Duties of Real Estate Brokers and Salespersons.
Virginia Agency Definitions and Relationships 12 items
The outline lists: Broker-Salesperson Relationships and Compensation; Limited Service; Disclosure of Agency; Agency duties (Document handling, Standard agent duties, Duties to client vs. customer, Misrepresentation/omissions, Brokerage agreements); Designated and Dual Agency; Unrepresented parties; Article 3. Duties of Real Estate Brokers and Salespersons; Part V - Standards of Practice and Conduct.
Virginia Fair Housing Law and Regulations 4 items
Our study plan for this topic: Virginia Fair Housing Law; Virginia Fair Housing Regulations; Protected classes under Virginia law; Enforcement and penalties; Exemptions from Virginia Fair Housing Law coverage; Unlawful discriminatory housing practices in sale and rental transactions; Disability accommodations and modifications (reasonable accommodations, assistance animals, design and construction requirements); Blockbusting and unlawful steering practices.
Virginia Acts Pertaining to Real Estate Practice 4 items
Our study plan for this topic: Virginia Condominium Act and Regulations (CC&Rs, definitions, unit-owner restrictions); Virginia Residential Landlord and Tenant Act; Virginia Underground Utility Damage Prevention Act; Virginia Property Owners Association Act; Virginia Resale Disclosure Act (resale certificates for common interest communities); Condominium unit sale registration and public offering statement requirements; Landlord and tenant security deposits, application fees, and rental agreement provisions; Landlord obligations to maintain fit premises and required disclosures.
Sample 1 — Virginia Agency Definitions and Relationships
Question: Your firm holds a buyer's earnest money deposit in escrow. The principals have not agreed otherwise in writing. Under the board's escrow disbursement rules, expenses incidental to closing — such as appraisal, insurance, and credit report fees:
- A. Must be deducted before any disbursement
- B. May be deducted at the broker's discretion
- C. May be deducted with the lender's approval
- D. Must not be deducted from those funds
Correct Answer: D
18VAC135-20-181 B 5 states that, unless otherwise agreed in writing by all principals to the transaction, expenses incidental to closing a transaction (e.g., fees for appraisal, insurance, credit report) must not be deducted from a deposit or down payment.
Reference: Virginia Real Estate Board Licensing Regulations, 18VAC135-20-181 B
Sample 2 — Virginia Disclosure Requirements
Question: You are a salesperson representing a seller as a standard agent in a residential sale. Under the Real Estate Board's rules governing misrepresentation and omission, what must you disclose in a timely manner to a prospective purchaser?
- A. Material adverse facts concerning the property's title
- B. Adverse physical facts you reasonably should have known
- C. Physical defects the seller disclosed to you in writing
- D. Material adverse physical facts actually known to you
Correct Answer: D
The correct answer is D. 18VAC135-20-300 2 makes it a prohibited omission for a licensee representing a seller or landlord as a standard agent to fail to disclose in a timely manner to a prospective purchaser or tenant all material adverse facts pertaining to the physical condition of the property that are actually known by the licensee. The standard is actual knowledge, not constructive knowledge (B), and it is not limited to what the seller put in writing (C); the regulation speaks to physical condition rather than title matters (A).
Reference: Virginia Real Estate Board Licensing Regulations (18VAC135-20), 18VAC135-20-300 2
Sample 3 — Virginia Licensing
Question: A salesperson's improper or dishonest conduct has produced unpaid judgments held by several different claimants arising out of several different real estate transactions. Under the Virginia Real Estate Transaction Recovery Act, claims against the fund arising from more than a single transaction involving that one regulant are limited in the aggregate to what amount during any biennial license period?
- A. $50,000
- B. $75,000
- C. $100,000
- D. $20,000
Correct Answer: C
Per § 54.1-2116 C, the aggregate of claims against the fund based upon unpaid judgments arising out of the improper or dishonest conduct of one regulant in connection with more than a single transaction is limited to $100,000 during any biennial license period (expiring June 30 of each even-numbered year). If claims exceed that sum, the Board prorates the $100,000 among the claimants. The $20,000 figure is the per-claimant cap and $50,000 is the cap for all claims arising from a single transaction.
Reference: Virginia Real Estate License Law, § 54.1-2116 C
- Your results break the score down by outline topic.
- The real exam's passing score: a minimum score of 75.
- Keep practicing until you pass consistently, not just once.
- Answer what you know first and bookmark the rest. Our practice exams let you bookmark and come back.
- Work your bookmarks on the second pass.
- Real exam pace: about 1 minute 8 seconds per question.
- After each attempt, look up every miss in your book.
| Questions | 40 questions |
| Time limit | 45 minutes |
| Passing score | a minimum score of 75 |
| Books in the exam room | Closed book (no books in the room) |
| Exam fee | $60 |
- Your score appears on screen at the end of the examination and a score report is emailed, with a diagnostic report by topic if you fail.
- You cannot rebook on the same day you tested, may be able to retest within two business days if space allows, and need only retake the portion you failed.
Source: Real Estate Candidate Information Bulletin (Commonwealth of Virginia Department of Professional and Occupational Regulation), Last Revised 2/18/2026. Check the bulletin before test day: fees and rules can change.