10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
The WVRE-S exam has 130 questions and runs 3 hours 30 minutes.
These 10 free WVRE-S questions are organized by exam domain, so you can see how each part of the West Virginia Real Estate Salesperson Exam blueprint is tested. Reveal the answer and explanation under each question.
A tenant operates a bakery in leased retail space. With the landlord's consent, the tenant bolts a commercial oven to the floor and connects it to a gas line. Before the lease expires, the tenant removes the oven and repairs the floor and gas connection. The lease does not state that the oven must remain. How should the oven be classified?
Correct answer: C - A removable trade fixture, provided the tenant repairs the damage
Alex, Brooke, and Casey own a parcel as joint tenants with right of survivorship. Alex deeds Alex's entire interest to Dana without the consent of Brooke or Casey. What is the resulting ownership?
Correct answer: B - Dana is a tenant in common; Brooke and Casey remain joint tenants
A feasibility study shows that apartments would produce the highest return from a parcel. Current zoning permits only single-family homes, and there is no evidence that rezoning is pending or reasonably probable. Which appraisal conclusion is sound?
Correct answer: D - Apartments fail the legal-permissibility test for current highest and best use
A subject property has a three-car garage and no pool. A comparable sold for $420,000, has a two-car garage that is inferior by $18,000, and has a pool that is superior by $25,000. All other factors are equivalent. What is the comparable's adjusted price indication?
Correct answer: A - $413,000: add $18,000 and subtract $25,000
A buyer offers $365,000 with a September 10 closing date. The seller signs the offer, changes the closing date to September 24, and returns it to the buyer. What did the seller create?
Correct answer: C - A counteroffer; the buyer must accept the changed date to form a contract
A buyer assigns the buyer's contract rights and delegates the buyer's duties to an investor. The seller acknowledges the transfer but never agrees to release the original buyer. The investor later fails to close. Which statement is correct?
Correct answer: D - The original buyer can remain liable unless the seller agrees to a novation
A seller tells the listing agent, 'I will accept $410,000, but list the property at $435,000.' A prospective buyer then asks the agent for the seller's lowest acceptable price. The seller has not authorized disclosure. How should the agent answer?
Correct answer: B - Keep the minimum confidential and invite an offer
A community advertises itself as housing for persons age 55 or older. It has written policies showing that intent and verifies residents' ages, but only 79% of its occupied units contain at least one person age 55 or older. Does it satisfy the federal 55-or-older occupancy test?
Correct answer: A - No; the qualifying occupancy threshold is at least 80%
A residential radon test reports 4.6 pCi/L. The seller asks the listing agent to tell the buyer that the result is within a normal range and requires no action. What should the agent do?
Correct answer: C - Disclose it and recommend a qualified radon professional; EPA recommends action at 4 pCi/L
A conventional-loan buyer agrees to pay $320,000 for a home appraised at $300,000 and seeks a $246,000 first mortgage. The lender bases LTV on the lesser of price or appraised value. Which LTV and likely consequence are correct?
Correct answer: B - 82%; borrower-paid PMI is generally required because LTV exceeds 80%
The WVRE-S exam also covers these domains. Drill them in the full free practice test:
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