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State License LawVirginia · state portion

Virginia's Agency and Representation ModelVirginia real estate exam study notes

In Virginia, a licensee owes statutory fiduciary-type duties such as loyalty, confidentiality, and full disclosure to the client they represent, whether that is the seller or the buyer.

3 key facts 5 practice questions Reviewed Oct 2026
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Key ideas

  • In Virginia, a licensee owes statutory fiduciary-type duties such as loyalty, confidentiality, and full disclosure to the client they represent, whether that is the seller or the buyer.
  • Because the salesperson's license is held by a supervising broker, the brokerage firm establishes the agency relationship, and the salesperson acts as the broker's agent in carrying it out.
  • Virginia permits representation arrangements including standard agency and limited representation, but any such relationship must be clearly disclosed to the parties.

Before you read

Test yourself first: 5 questions

Question 1 of 5

A Virginia broker assigns different agents in the same firm to separately represent the buyer and the seller in one transaction. This arrangement is known as:

What you need to know

Because the salesperson's license is held by a supervising broker, the brokerage firm establishes the agency relationship, and the salesperson acts as the broker's agent in carrying it out. Virginia permits representation arrangements including standard agency and limited representation, but any such relationship must be clearly disclosed to the parties.

Virginia's Agency and Representation Model: FAQs

Is Virginia's Agency and Representation Model 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.

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