Prospective renters who are protected from discrimination based on familial status include

Question 1

Question 1 of 5

Answer

A. a single college student renting an apartment with roommates.

B. an unmarried 25-year-old couple searching for a residential rental.

C. a person who is pregnant or is in the process of securing legal custody of a child.

D. a person provided housing under any state or federal program designed to assist the elderly.

Question 2

Question 2 of 5

A salesperson who works out of a branch office of a realty company has committed an act which is in violation of the Virginia real estate license law. The salesperson's principal broker was aware of the violation, but did NOT participate in it. Could the principal broker's license be suspended or revoked and why or why not?

Answer

A. Yes, if the Board determines that the principal broker failed to take proper action to remedy the situation.

B. Yes; the principal broker will automatically receive the same disciplinary action as the salesperson who committed the violation.

C. No, because the principal broker did not participate in the violation.

D. No, because the branch office broker is solely responsible for the acts of a salesperson working out of that branch office.

Question 3

Question 3 of 5

Answer

A. the written, informed consent of each.

B. an agreement that each will pay the agent's fee.

C. a release of liability from each.

D. a signed agency agreement.

Question 4

Question 4 of 5

Answer

A. on all signs.

B. on websites and social media sites.

C. when advertising the sale of personal home.

D. when visiting open houses while on vacation.

Question 5

Question 5 of 5

Answer

A. in writing before the contract is ratified.

Prospective renters who are protected from discrimination based on familial status include

A. a single college student renting an apartment with roommates.

B. an unmarried 25-year-old couple searching for a residential rental.

C. a person who is pregnant or is in the process of securing legal custody of a child.

D. a person provided housing under any state or federal program designed to assist the elderly.

A. Yes, if the Board determines that the principal broker failed to take proper action to remedy the situation.

B. Yes; the principal broker will automatically receive the same disciplinary action as the salesperson who committed the violation.

C. No, because the principal broker did not participate in the violation.

D. No, because the branch office broker is solely responsible for the acts of a salesperson working out of that branch office.

When a licensee wishes to represent both parties in a real estate transaction the licensee must ALWAYS obtain

A. the written, informed consent of each.

B. an agreement that each will pay the agent's fee.

C. a release of liability from each.

D. a signed agency agreement.

Notification that a person is a licensed real estate agent is required EXCEPT

A. on all signs.

B. on websites and social media sites.

C. when advertising the sale of personal home.

D. when visiting open houses while on vacation.

If an on-site sewage system is failing, a listing agent for a residential property must inform the seller to provide disclosure

A. in writing before the contract is ratified.

B. following a home inspection.

C. orally to the buyer's agent.

D. after the closing.

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