Before you read
Test yourself first: 5 questions
Question 1 of 5
In a Virginia transaction using designated agency, what is the status of the supervising broker who appointed the two designated representatives?
Answer: B. When a broker designates separate licensees for each side of the same transaction, the broker (and the firm) acts as a dual representative, while each designated representative serves only their assigned client. Written consent to this arrangement is required.
Question 2 of 5
Under the Virginia buyer-beware disclosure framework, what is the seller's general obligation regarding the property's condition?
Answer: B. Virginia's caveat emptor model does not require sellers to itemize defects, but sellers and licensees still may not commit fraud or actively conceal known material defects.
Question 3 of 5
Which agency is responsible for regulating real estate licensees in Virginia?
Answer: A. Real estate licensees in Virginia are regulated by the Virginia Real Estate Board, which operates under the Department of Professional and Occupational Regulation (DPOR).
Question 4 of 5
Continuing education and license renewal for Virginia real estate licensees are administered by:
Answer: A. License renewal and continuing-education requirements for Virginia licensees are set and administered by the Virginia Real Estate Board under DPOR.
Question 5 of 5
A consumer wants to file a complaint about the conduct of a Virginia real estate licensee. The appropriate body to receive and act on that complaint is:
Answer: A. The Virginia Real Estate Board under DPOR investigates complaints and enforces disciplinary action against licensees who violate Virginia real estate law and regulations.
Keep the streak going with more questions like these, each with a full rationale.
What you need to know
Sellers typically deliver a residential property disclosure statement notifying buyers of the buyer-beware framework rather than warranting the home's condition. Licensees, however, must still disclose their agency relationship and may not engage in misrepresentation or actively conceal known material defects.
Disclosures Required of Virginia Sellers and Licensees: FAQs
Is Disclosures Required of Virginia Sellers and Licensees on the real estate exam?
Yes. State License Law is a scored domain on the Virginia real estate licensing exam, and this topic appears in the state license-law portion.
Is this cheat sheet free?
Yes — every page on Cinna RE's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.
Does Virginia test this differently?
Virginia applies its own license law on top of the national portion. This page covers the Virginia rules specifically, which is what the state section of your exam tests.
