West Virginia Real Estate Exam Prep

WV Salesperson Practice Exam

Our West Virginia Real Estate Exam Preparation guide will have you quickly prepared for your upcoming Salesperson License Exam. We have helped license over 50,000 students with an exam pass rate of over 95%. The practice exam questions and answers were created by industry experts and are constantly updated to West Virginia’s licensing requirements. We stand by our real estate practice exams and offer an exam pass guarantee.

How to Become a Real Estate Agent in WV

To become a licensed real estate agent in West Virginia, you must meet the state’s educational requirements and pass the West Virginia real estate exam. At Real Estate Prep Guide, we offer fully updated West Virginia real estate study guides and practice tests — all of our students are protected by our risk-free money back pass guarantee.

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West Virginia License Requirements

The applicant must be at least 18 years of age
Must have a high school diploma or GED.
Salesperson applicants need to complete 90 clock hours (six credit hours) of approved pre-licensing real estate courses from an approved real estate school before applying.
These courses need to be completed within the five-year period preceding the application date.
Licensed applicants from other jurisdictions need to obtain a Certification of License from the home state.
All salesperson applicants must also pass the real estate exams. These exams are given six times a year. No license fees are paid with the application.

West Virginia Sample Practice Real Estate Exam Questions and Answers

West Virginia State Section

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Question 1

Mortgage "discount" points only apply if which of the following conditions are met?

A	The interest rate on the mortgage loan has been lowered by 1% for each point charged
B	The loan does not close and the buyer owes the lender for services rendered
C	The seller has agreed to pay 1% of the closing costs
D	The interest rate on the mortgage loan has been lowered by 2% for each point charged

Question 2

Who is responsible for maintaining a habitable property and for complying with local housing and building codes?

A	Buyer
B	Agent
C	Lessor
D	Lessee

Question 3

Which of the following would not put a salesperson in jeopardy of losing their license in West Virginia?

A	Depositing his/her clients escrow money into a personal account
B	Placing an ad claiming to be a broker when they are not.
C	Convicted of a felony
D	Being authorized to accept an excessive commission.

Question 4

Does West Virginia allow Holographic wills?

A	Yes
B	No

Question 5

What is homestead protection?

A	The status provided to a home owner's principal residence that protects the home against judgement up to a specified amount.
B	Gradual subsidence of waters, leaving dry land
C	Net cash remaining to investor after sale of investment property
D	The estimated value that an asset will have at then end of it's useful life

Question 6

The license law is administered by:

A	West Virginia Real Estate Commission
B	West Virginia Department of Real Estate
C	Real Estate Commission for West Virginia
D	Department of West Virginia Real Estate

Question 7

The salesperson license fee costs how much?

A	$25
B	$75
C	$80
D	$100

Question 8

Does West Virginia allow reciprocity with other states?

A	Yes
B	No

Question 9

In what circumstances, if any, can a broker in West Virginia who is serving as an intermediary representing both parties collect compensation from both the buyer and the seller?

A	Only when both buyer and seller give informed consent to this arrangement
B	None; the broker may only collect compensation from one party to a transaction
C	Only when both buyer and seller have legal representation
D	In most circumstances, except when the buyer and seller are related

Question 10

Which of the following isn't part of a deed?

A	Premises
B	Habendum
C	novation
D	acknowledgement

Question 11

Does West Virginia have dower laws?

A	Yes
B	No

Question 12

Does West Virginia have homestead laws?

A	Yes
B	No

Question 13

Standing trees would be considered:

A	Chattels
B	Emblements
C	Real property
D	Personal Property

Question 14

How much experience is needed in order to apply for a real estate broker license?

A	6 months
B	3 years
C	1 year
D	2 years

Question 15

How soon can a broker receive a commission check after a closing in West Virginia?

A	After the transaction is completed and funded.
B	Once the seller agrees to the price.
C	When the Buyer moves in.
D	Once the offer sheet is signed.

Question 16

What is a holographic will?

A	a standard boiler plate will.
B	a will that has been approved by each family member.
C	a will and testament that has been entirely handwritten and signed by the testator.
D	a will that displays in 3D

Question 17

An easement by prescription may establish:

A	use of property
B	who owes back taxes
C	a claim to title
D	homestead rights

Question 18

Which of the following is not a state that participates in reciprocity?

A	Nebraska
B	Connecticut
C	New York
D	Mississippi

Question 19

Is West Virginia a community property state?

A	Yes
B	No

Question 20

Which of the following is a landlord's option for a tenant not paying the rent?

A	lock the tenant out of the apartment
B	shut off the power
C	unlawful detainer action in court
D	shutoff the gas

Question 21

What tenancies does West Virginia allow?

A	Both
B	Tenancy by the entirety
C	Neither
D	Joint tenancy

Question 22

Which of the following is required for an applicant to receive a Real Estate License?

A	Must have lived in the state for more than a year
B	Must have a Bachelors degree
C	Must sit and pass the required exam
D	Must be 25 or older

Question 23

Which is not necessary for a valid contract?

A	legal object
B	acceptance
C	due date
D	offer

Question 24

What term means "going to the state?"

A	Eminent Domain
B	escheat
C	police power
D	Taxation

Question 24 Explanation:

Escheat is if someone dies and there is no one to inherit or no will the property goes to the state.

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