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NEW QUESTION # 68
In which of these cases should an agent disclose information about someone's HIV/AIDS status?
Answer: D
Explanation:
U. S. Fair Housing Act, 42 U.S.C. §3601 et seq.
Virginia Real Estate Board CE Curriculum - Fair Housing
Explanation:
Under Virginia Fair Housing Law (and federal law under the Fair Housing Amendments Act of 1988), individuals with HIV/AIDS are protected as having a disability.
Licensees must not inquire about or disclose a client's HIV/AIDS status.
Doing so would constitute discrimination and a violation of fair housing law.
Even if a buyer requests this information, agents must not disclose it.
Other options are illegal and unethical.
Reference:
Virginia Code Title 36, Chapter 5.1 - Fair Housing Law
NEW QUESTION # 69
What is a marketable title?
Answer: D
Explanation:
Marketable title means the title is clear enough that a prudent buyer would accept it.
It is free from serious defects, liens, or encumbrances that could jeopardize ownership or resale.
Other options:
(A) Opinion of title = attorney's assessment, not the title itself.
(B) Abbreviated history = abstract of title.
(D) Constructive/actual notice = legal doctrines, not marketability.
Reference:
Virginia Real Estate Principles & Practices - Title Concepts
Code of Virginia §55.1-900 et seq. (Title and conveyances)
NEW QUESTION # 70
An area has been rezoned as residential, but a neighborhood store has been legacied in and allowed to continue its business.
This is an example of:
Answer: D
Explanation:
When zoning laws change, an existing property use that was legal under the old zoning but is not permitted under the new zoning is considered a nonconforming use.
Example: A neighborhood store that continues operation in an area rezoned as residential.
This use is often "grandfathered in" and allowed to continue, though expansion or major changes may not be permitted.
Other options:
(A) Amendment = change to zoning laws, not the use itself.
(C) Conditional-use permit = allows a use not typically permitted but approved under conditions.
(D) Area variance = exception to zoning requirements, usually related to lot size/setbacks.
Reference (Virginia Real Estate):
Virginia Code Title 15.2 - Local Zoning Authority
Virginia Principles of Real Estate - Zoning & Land Use section
A490-02REGS.pdf - Land use controls
NEW QUESTION # 71
What would make claims based on a contract unenforceable?
Answer: C
Explanation:
Contract claims may become unenforceable not because they are invalid contracts, but because too much time has passed or a party has delayed action:
Statute of Limitations: Sets a maximum time period within which a lawsuit can be filed. Once expired, the claim is unenforceable.
Doctrine of Laches: An equitable defense where claims are barred if a party unreasonably delays enforcing their rights and that delay prejudices the other party.
Other options:
(A) Specific performance, rescission, and forfeiture are remedies, not reasons for unenforceability.
(C) Assignment, mediation, and arbitration are processes or dispute resolution methods.
(D) Mutual assent, lawful objective, and reality of consent are elements of a valid contract, not reasons for unenforceability.
Reference (Virginia Real Estate):
Code of Virginia § 8.01-243 (Statute of Limitations for contracts)
Virginia Real Estate Principles - Contracts & Enforcement sections
A490-02REGS.pdf - Contract law education content
NEW QUESTION # 72
When an individual hails a cab and tells the driver where they want to be taken, that passenger has entered into what kind of contract?
Answer: B
Explanation:
Contracts may be:
Express: Terms stated in words (oral/written).
Implied: Formed by conduct or actions.
Example: Hailing a cab and giving directions creates an implied contract where the passenger agrees to pay the fare and the driver agrees to provide transportation, even though nothing was formally stated.
Other options:
(B) Express = explicitly stated terms.
(C) Unilateral = one-sided promise (e.g., reward contract).
(D) Written = requires written form, not applicable here.
Reference (Virginia Real Estate):
Virginia Principles - Contracts section
Code of Virginia Title 11 - General provisions on contracts
NEW QUESTION # 73
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