PSI Virginia Real Estate Practice Exam

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Prepare for the PSI Virginia Real Estate Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam success!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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At what age must an applicant be to apply for a real estate license?

21 years old.
16 years old.
18 years old.
25 years old.

The correct answer is: 18 years old.

To apply for a real estate license in Virginia, an applicant must be at least 18 years old. This age requirement ensures that individuals entering the real estate profession have reached a level of maturity and legal competency necessary to engage in contracts and real estate transactions. Virginia's licensing laws reflect a common standard found in many states, where 18 is seen as the minimum age for adult responsibility in legal matters. By requiring this age, the state aims to maintain a professional standard in the real estate industry, ensuring that licensees are adults who can manage the complexities of property sales, agency relationships, and legal obligations that come with the job. This framework supports consumer protection by ensuring that those who are licensed have the necessary cognitive and legal capacity to operate effectively in their roles as real estate professionals.