Real Estate Licensing Virginia-Real-Estate-Salesperson Exam Dumps

Under the Fair Housing Act (FHA), landlords must permit reasonable modifications to rental units to allow persons with disabilities full use and enjoyment of the premises.

Examples: installing grab bars, lowering light switches, widening doorways.

Cost responsibility: The tenant typically pays for these modifications unless the housing is federally funded. The landlord may require the tenant to restore the unit to its original condition at the end of tenancy (reasonable wear and tear excluded).

This differs from reasonable accommodations, which are changes to policies/rules (e.g., allowing a service animal) and must be paid for by the housing provider.

Reference (Virginia Real Estate):

Federal Fair Housing Act, 42 U.S.C. 3601-3619

Virginia Fair Housing Law (Code of Virginia Title 36, Ch. 5.1)

A490-02REGS.pdf -- Fair Housing curriculum

Reference (Virginia Real Estate):

Appraisal section in Virginia Principles & Practices

USPAP income capitalization approach standards

A490-02REGS.pdf -- Real Estate Math & Valuation curriculum

Other options are miscalculations.

Reference (Virginia Real Estate):

Appraisal & Finance curriculum

USPAP standards -- income approach

A490-02REGS.pdf -- Real Estate Math section

Under the Virginia Residential Landlord and Tenant Act (VRLTA), a landlord may not demand or receive a security deposit exceeding the equivalent of two months' rent.

Deposit must be returned (with allowable deductions) within 45 days after lease termination.

This protects tenants from excessive deposits while allowing landlords some coverage for damages.

Other options:

(A) One month = incorrect, law allows more.

(C) $2,000 = not specified in law.

(D) Six months = excessive and prohibited.

Reference (Virginia Real Estate):

Virginia Code 55.1-1226 (Security deposits)

Virginia Residential Landlord Tenant Act (VRLTA)

A490-02REGS.pdf -- Landlord-tenant curriculum

A leasehold estate grants the tenant the right to occupy/use property for a specified time, while ownership remains with the landlord.

Terrence paying rent for an apartment he does not own is a classic leasehold estate example.

Other options:

(B) Stipulation on deed = fee simple defeasible estate.

(C) Occupancy for life = life estate.

(D) Jung owning and occupying = fee simple ownership.

Virginia Real Estate Principles & Practices -- Types of Estates