The developer of a time-share must eventually transfer his fee simple interest
to owners' association. This must be performed after what percentage of the
project is sold?
90%
If a broker purchases property through a "straw man" and does not disclose
that information, which of the followin...
accusations were made, but can't transfer until her license is returned to the
Board. What can Sally do to force Evans to return the license to the Board?
✓ File a complaint with the Real Estate Board
When a real estate license has expired, when can a person reinstate his
license without monetary penalty?
✓ Within 30 days
According to the Virginia Landlord and tenant Act, what can the landlord do
if rental payments are late?
✓ Issue a written notice, which gives the tenant 5 days to pay or vacate
the property
Every Virginia resident who is also licensed as a broker MUST
✓ Maintain an office in the state of Virginia
Virginia Fair Housing Laws apply to
✓ Residential sales and rentals
Salesperson Cook places a newspaper ad on a piece of property that she
owns. The ad reads, "3 bedroom, 2 bath, rambler; below market; good
Master01 | October, 2024/2025 | Latest update
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