VA Contractor/ Exam Bundle With Complete Verified/Correct

The REB is authorized to do all of the following EXCEPT - ANSWER-regulate the Property Owners' Association Act The Virginia Real Estate Transaction Recovery Fund is administered by - ANSWER-the REB The current real estate regulations went into effect - ANSWER-November 1, 2015 The Common In...

What is the MINIMUM height required for a nonabsorbent wall surface above a bathtub? - ANSWER-6 feet Nails used to fasten concrete roofing tiles must penetrate the deck a MINIMUM of how many inches or through the thickness of the deck, Whichever is less? - ANSWER-3/4 inch How must rafters be f...

In one of the seller disclosure forms required in most residential resale transactions, a seller notifies the buyer that there are at least 10 items that the buyer may wish to look into. Which one of the following is NOT one of the 10 items? - ANSWER-information about other sales that are pending in...

What is the name of the process when a facilitator meets with the major participants in a project, prior to the commencement of the project, to identify the shared goals of all participants? - ANSWER-Partnering. A cost plus contract calls for the contractor to receive direct costs for labor and m...

A designated employee should be? - ANSWER-at least 18 years old, full time employee, has passed required examination. What is the initial Recovery Fund fee? - ANSWER-$25 If a contractor earns more than $______ per year, then the contractor requires a Class A license. - ANSWER-$750,000 If a ...

An employee earns $12.50 per hour. What is the gross pay of this non-exempt employee who works 45 hours during a holiday week, and receives 8 hours additional pay for the holiday? A.$562.50 B.$662.50 C.$693.75 D.$743.75 - ANSWER-C.$693.75 Which of the following statements about a sole...

A designated employee should be? a)any full time worker b) at least 18 years old, full time employee, has passed required examination c) at least 18 years old and 5 years experienced for Class A d) the owner - ANSWER-at least 18 years old, full time employee, has passed required examinatio...

On the jobsite, what is the ratio of registered apprentices to journey or master electricians? - ANSWER-Residential job site: 2 apprentices to one journey (or master) - all other job sites: 1 to 1 How many hours of related experience are required to qualify for a Sign Specialist license? - ANSWER...

A lump sum contract on a project has a total contract price of $200,000. Retainage has been held back at 10%. The contractor has received progress payments of 90% of the project. The contractor submits a request for the final payment for the now completed project. The final payment amount should be ...

DPOR - ANSWER-Board of Professional and Occupational Regulation. Consists of 9 members, appointed by governor to 4 yr terms. REB (real estate board) is part of DPOR. CIC Board - ANSWER-Common Interest Community Board, within the DPOR; separate from the REB. Creates licensure to govern condos, tim...

Agency 135 - ANSWER-Real Estate Board Agency 48 - ANSWER-Common Interest Community Board Real Estate Board - ANSWER-1. issues regulations that further describe what will be expected of both salespersons and brokers 2. administers the VA Real Estate Transaction Recovery Fund 3. Enforces the p...

Cooperative Apartments - ANSWER-VA Law considers them real estate even though the shares held by co-op members are considered personal property. VA REB Details - ANSWER-7 members with 2 civilians appointed by the Governor for 4 year terms with option for one additional term. It ISSUES, SUSPENDS, ...

Employment agreement - ANSWER-employment agreements include the type of relationship between the broker and the licensee Compensation - ANSWER-based on employment relationship and agreement; salespersons and associate brokers may accept compensation only from the supervising broker Broker's s...

Disclosures must - ANSWER-always be made by the broker/brokerage whom the licensee represents. One acting as a dual or designated agent must receive in writing - ANSWER-the consent of all clients to a transaction, at the earliest possible time. Reason for Disciplinary Action - ANSWER-Not respo...

Time period a complainant has to submit concerning a fair housing violation is: - ANSWER-1 year from occurrence Fees for issuing, renewing and reinstating are determined by: - ANSWER-The Real Estate Board (REB). Prior to a sales contract being signed by a purchaser in VA, a salesperson must pr...

When a seller and licensed salesperson agree to a listing, on terms acceptable to the broker, an agency relationship is established between: - ANSWER-The listing broker and the seller A broker would be in violation of the Federal Fair Housing Law for all of the following actions EXCEPT: - ANSWER-...

A developer put two lots together and sold them as one large lot. The increase in value is referred to as: - ANSWER-plottage A 20-unit apartment building rented for $750 per month. The annual gross income multiplier was 9. What is the value of the property? - ANSWER-1,620,000 he Virginia Real ...

____ ___ ___ means the administrative or executive officer of the division or burea of the Commission established to administer the insurance laws of this Commonwealth - ANSWER-Commissioner of Insurance All licenses granting the authority to transact the business of insurance in Virginia must be ...

In Virginia, a landlord must provide a copy of the written rental agreement. When must this be provided? - ANSWER-Within one month of the agreement's effective date Which of the following is a task that a licensee could perform for a customer in a transaction? - ANSWER-Providing the opposing par...

All real estate, whether raw land or improved property, must be managed and maintained. The two principal types of managers are property managers and asset managers. Property managers and their staff oversee specific properties on behalf of the owners, making sure the condition of the property a...

Board regulations require that records of real estate transactions and escrow account activity be kept for: - 2 years from the date of ratification or closing - 3 years from the date of consummation - 3 years from the date of ratification or closing - 5 years from date of consummation - ANSWER...

A health insurer MUST provide a proof of loss form - ANSWER-within 15 days of receipt of the notice of loss Which of the following statements accurately describes the "time limit on certain defenses"? - ANSWER-After a stated period of time, claims cannot be denied due to material misrepresentatio...

What destroys all microbial life? - ANSWER-sterilization Beauty professionals are permitted and encouraged to _________ - ANSWER-Refer customers with infections and abnormal conditions to physicians Prevention of the spread of infections begins and ends with ________ - ANSWER-You Define tra...

The IRS has a "minimum coverage" rule regarding qualified retirement plans. This rule states that each qualified plan is required to - ANSWER-Benefit a braid cross-section of employees Which of these is NOT an unfair claim settlement practice - ANSWER-Refusing to pay persons bringing false or f...

THE FIELD CONCERNED WITH HOW HUMANS INTERACT WITH COMPUTING SYSTEMS IS CALLED. - ANSWER-HUMAN-COMPUTER INTERACTION (HCI) EVALUATE, ANALYZE, DESIGN, IMPLEMENT ARE ALL STAGES OF THIS CYCLE. - ANSWER-THE ITERATIVE DESIGN CYCLE A TYPE OF USER WHO HAS NO PRIOR EXPERIENCE WITH THE PARTICULAR TYPE OF...

What is an example of an aseptic technique? - ANSWER-Proper hand washing At what point would you apply a lubricant to a tool during disinfection? - ANSWER-Instrument lubrication is performed after cleaning and disinfection, but before sterilization How does ultrasonic cleaning work? - ANSWER-C...

salesperson or broker? Select one: A. Be at least 18 years of age B. Be a US citizen C. Hold degree in real estate D. Be a Virginia resident for at least 1 year - ANSWER-Be at least 18 years of age A salesperson contacts a neighborhood FSBO about listing the house with her firm. When is ...

Tom the agent negotiates an agreement that unreasonably restrains the business of insurance. He has likely commited a violation of insurance law that falls under - ANSWER-Boycott, coercion, and intimidation Viatical settlement proceeds may be subject to the claims of - ANSWER-creditors Once an...

SW bricks - ANSWER-Used in areas that are wet and prone to freeing Minimum compressive strength in psi for concrete basement slab with negligible weathering potential - ANSWER-2500 An accessory structure is a structure not greater than how many square feet - ANSWER-3,000 What is the R value...

REB - ANSWER-Real Estate Board -licensing -rules & regulation -discipline (fines & suspension) CIC - ANSWER-Common Interest Community -condos -time shares -POA's or HOA's When did the current real estate regulation go into effect? - ANSWER-November 1, 2015 Broker - ANSWER-Sells, buy...

Where did the storm begin? - ANSWER-south of the Bahamas of the 19th of October When did Sandy become a hurricane? - ANSWER-24th October - wind speeds exceeded 74mph When did Sandy make landfall on Jamaica? - ANSWER-24th October How many people in Jamaica died? - ANSWER-1 How many people...

insurer - ANSWER-The ____ whose policies are advertised is responsible for all its advertisements, regardless of who wrote, created, presented, or distributed them. Buyer's Guide - ANSWER-A document that explains how a buyer should go about choosing the amount and type of insurance to and how bu...

Performing what activity is exempt from holding a Virginia real estate license? - ANSWER-trustee performing their duties under a living trust instrument Any person, or business entity of not more than two persons, who for compensation is employed either directly or indirectly by, or affiliated as...

ethical standards - ANSWER-Guides to moral behavior legal standards - ANSWER-guides to legal behavior clients rights (meds and treatments) - ANSWER--to be informed & decide when/where they get meds -to be informed of facility rights -to refuse care -to privacy during medical care -to choos...

drug - ANSWER-A substance that can have a positive or negative impact on the body medication - ANSWER-substance administered for the diagnosis, cure, treatment, or relief of a symptom or for prevention of disease Indications - ANSWER-what the drug is used for Drug Class - ANSWER-A group of ...

In an individual retirement account (IRA), rollover contributions are - ANSWER-unlimited by dollar amount An example of rebating would be - ANSWER-splitting the commission with the buyer on a sale of insurance Premature IRA distributions are subject to a penalty tax of - ANSWER-10% Under th...

Which event occurring between the 1800s and 1920 made it possible that global AIDS pandemic that we know today? - ANSWER-viral jump across the species barrier (SIV to HIV) Contemporary epidemiologists study which of the following? - ANSWER-behavioral patterns in the population linked to viral tra...

____________________ can lead to untrustworthy approaches to EBM. - ANSWER-Research fraud Clinical decisions should be based on - ANSWER-The best available evidence This should help determine the type of evidence that is sought after - ANSWER-The clinical problem This type of thinking shoul...

sexual response cycle - ANSWER-four stage model of sexual arousal proposed by Masters and Johnson. excitement phase - ANSWER-the first stage of Masters and Johnson's sexual response cycle, in which an erection occurs in males and vaginal lubrication occurs in females, also known as transudation,...

Gross Rent Multiplier (GRM) - ANSWER-A factor dividing sales price by monthly rental income Buffer zone - ANSWER-A park located next to an apartment complex zoned for single fam homes Income (Cap) Approach formula - ANSWER-dividing the net income by the cap rate Personal property examples -...

Which of the following people involved in a real estate transaction are "Principal to a transaction" according to Virginia real estate law? Selling broker buyer Listing broker appraiser - ANSWER-buyer A person or business entity who for compensation, sells or offers for sale, units or in...

when driving behind another vehicle, what is a good way to estimate a safe following distance - ANSWER-one car length for every 10 mph if you are approaching an intersection and traffic is blocked ahead of you, you should - ANSWER-stop before reaching the crossway and wait for traffic to move ...

Which of the following are VA customers? - ANSWER-All of the above How does VA assess the satisfaction of Veteran care? - ANSWER-All of the above The Department of Veterans Affairs is a cabinet level organization and as such is under the responsibility of which of the following? - ANSWER-The e...

An employee paying for 40 percent of the insurance premium through payroll processing is an example of a transaction between ________ and ________. - ANSWER-Patient; employer Why do health insurers pool premium payments for all the insureds in a group and use actuarial data to calculate the group...

Bill hires Larry to sell his home. Bill prefers to communicate with Larry via email. One night, Larry replies to one of Bill's emails, but includes none of the required disclosures. Has Larry violated the rules? Select one: a. No, because Bill is Larry's client b. Yes, so long as Larry is a B...

A Vermont statute provides that individuals who wish to obtain a marriage license must first obtain a blood test to determine whether they suffer from German measles, syphilis, or HIV. The license will issue upon completing the blood test, even if one of the individuals tests positive for one of the...

What is characteristic of the mumps virus genome - ANSWER-- Non-Segmented - Negative sense - Single stranded Paramyxoviruses fuse with the plasma membrane and do not require low pH. (T/F) - ANSWER-True Which viral proteins are translated on free ribosomes? - ANSWER-- Capsid -Transcrip...

K failed to pay a renewal premium within the time granted by the insurer. K then sends in a payment which the insurer subsequently accepts. Which policy provision specifies that coverage may be restored in this situation? - ANSWER-Reinstatement All are true statements regarding the underwriting p...

encantar - ANSWER-to love fascinar - ANSWER-to like a lot, to love interesar - ANSWER-to interest/to matter parecer - ANSWER-to seem quedar - ANSWER-to fit, to have something left gusta/gustó - ANSWER-when one thing is liked gustan/gustaron - ANSWER-when more than one thing is lik...

What is the difference between pathogenic and non-pathogenic bacteria? - ANSWER-Pathogenic is disease causing while non-pathogenic is non disease causing. The 3 basic types of bacteria and their shape - ANSWER-Bacilli-rod Cocci-round Spirilla- spiral 1. Antiseptic - ANSWER-weaker form of dis...