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.

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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

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

Question 2

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

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

Question 3

Standing trees would be considered:

A	Personal Property
B	Chattels
C	Emblements
D	Real property

Question 4

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

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

Question 5

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	Convicted of a felony
C	Placing an ad claiming to be a broker when they are not.
D	Being authorized to accept an excessive commission.

Question 6

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

A	Lessee
B	Lessor
C	Agent
D	Buyer

Question 7

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

A	acknowledgement
B	Premises
C	Habendum
D	novation

Question 8

What term means "going to the state?"

A	Taxation
B	Eminent Domain
C	police power
D	escheat

Question 8 Explanation:

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

Question 9

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

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

Question 10

What is a holographic will?

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

Question 11

Which is not necessary for a valid contract?

A	offer
B	due date
C	legal object
D	acceptance

Question 12

Does West Virginia allow Holographic wills?

A	Yes
B	No

Question 13

Does West Virginia have dower laws?

A	No
B	Yes

Question 14

An easement by prescription may establish:

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

Question 15

The salesperson license fee costs how much?

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

Question 16

Is West Virginia a community property state?

A	No
B	Yes

Question 17

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

Question 18

Does West Virginia have homestead laws?

A	No
B	Yes

Question 19

Does West Virginia allow reciprocity with other states?

A	No
B	Yes

Question 20

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

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

Question 21

What is homestead protection?

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

Question 22

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

A	Nebraska
B	Mississippi
C	Connecticut
D	New York

Question 23

What tenancies does West Virginia allow?

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

Question 24

The license law is administered by:

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