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Real Estate Licensing Virginia Real Estate Salesperson Exam Sample Questions (Q73-Q78):

NEW QUESTION # 73
Which of these is a federal law that aims to protect people and the environment from the harmful effects of air pollution?

Answer: A

Explanation:
The Clean Air Act (CAA) is the federal law designed to protect human health and the environment from the harmful effects of air pollution.
It authorizes the EPA to set air quality standards, regulate emissions from industries and vehicles, and enforce compliance.
Other options:
(B) Safe Drinking Water Act → protects water quality.
(C) Superfund Amendments and Reauthorization Act (SARA) → expands CERCLA's hazardous waste cleanup responsibilities.
(D) CERCLA (Comprehensive Environmental Response, Compensation, and Liability Act) → governs cleanup of hazardous waste sites ("Superfund").
Reference (Virginia Real Estate):
Clean Air Act, 42 U.S.C. § 7401 et seq.
Virginia Real Estate Principles - Environmental issues section


NEW QUESTION # 74
What is the difference between assemblage and plottage?

Answer: C

Explanation:
Assemblage: The process of combining two or more adjacent parcels of land into one larger parcel.
Plottage: The increase in value that results from assemblage due to the greater utility or economic use of the combined parcel.
Example: Two small lots may be worth $50,000 each separately, but if assembled into one larger parcel, the combined property may be worth $120,000 due to increased development potential.
Reference (Virginia Real Estate):
Virginia Real Estate Principles - Land and Appraisal section
A490-02REGS.pdf - Valuation curriculum


NEW QUESTION # 75
Sellers and license holders are required to disclose lead- based paint hazards on all properties built before:

Answer: A

Explanation:
Both federal law (Title X of the 1992 Residential Lead-Based Paint Hazard Reduction Act) and Virginia regulations require disclosure of any known lead-based paint hazards for residential properties built before 1978. This includes:
Providing buyers/renters with a lead disclosure form.
Giving them a lead hazard information pamphlet.
Allowing an optional 10-day inspection period.
Reason: Lead-based paint was widely used in homes until the U.S. banned consumer use in 1978. Thus, 1978 is the cutoff year.
Reference:
42 U.S.C. §4852d (Residential Lead-Based Paint Hazard Reduction Act)
Code of Virginia Title 55.1, Property & Conveyances (Disclosure requirements)


NEW QUESTION # 76
Which of the following is a unique quality of limited service agents in Virginia?

Answer: B

Explanation:
In Virginia, a limited service agent is a licensee who enters into a brokerage agreement that provides fewer services than a standard brokerage agreement.
The law requires that the agent's limited duties must be disclosed in writing.
These agents can operate in both residential and commercial transactions, not just one type.
Other options:
(A) Wrong - They can assist in both.
(B) Wrong - Not limited to residential.
(C) Wrong - Not limited to commercial.
Reference:
Code of Virginia §54.1-2138.1 (Limited service agent defined)
Real Estate Board Regulations, 18 VAC 135-20-300


NEW QUESTION # 77
Stigmatized properties are properties:

Answer: D

Explanation:
A stigmatized property is one that has a psychological impact on potential buyers, not a physical defect. Examples:
Property where a murder, suicide, or crime occurred.
Homes associated with alleged hauntings.
Properties connected to diseases like HIV/AIDS.
Such events may reduce market value, even though the property is structurally sound.
Other options:
(A) Describes physical defects.
(B) Ad valorem tax exemptions apply to some properties (e.g., nonprofits, veterans), not stigmatized homes.
(C) Overpriced properties are not necessarily stigmatized.
Reference (Virginia Real Estate):
Virginia Code § 55.1-713 (no duty to disclose stigmatization, e.g., death or HIV status) Virginia Real Estate Principles - Property condition & disclosure section


NEW QUESTION # 78
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