Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25

- Free Preparation Discussions

Real Estate Licensing Virginia Real Estate Salesperson Exam - Topic 4 Question 15 Discussion

Actual exam question for Real Estate Licensing's Virginia Real Estate Salesperson exam

Question #: 15
Topic #: 4

[All Virginia Real Estate Salesperson Questions]

A legally competent party to a contract will:

Ahave reached the age of majority and not be mentally incompetent or intoxicated by drugs or alcohol

Bhave reached the age of majority and be literate

Cnot be mentally incompetent or intoxicated by drugs or alcohol and have legal representation

Dbe literate and not be mentally incompetent or intoxicated by drugs or alcohol

Show Suggested Answer

Suggested Answer: A

For a contract to be legally enforceable, all parties must be legally competent. This requires:

Age of majority (18 in Virginia).

Mental competency (not declared mentally incompetent).

Not under the influence of drugs or alcohol at the time of signing.

Other options:

(B) & (D) Literacy is not required for legal competency.

(C) Legal representation is not required for a valid contract.

Reference (Virginia Real Estate):

Code of Virginia Title 11 -- Contracts

Virginia Real Estate Principles -- Elements of valid contracts

A490-02REGS.pdf -- Contracts curriculum

by Gilbert at May 26, 2026, 07:49 PM

Limited Time Offer

25%

Off

Get Premium Virginia Real Estate Salesperson Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Mari

2 hours ago

I recall a practice question that emphasized mental competency and age, which makes me lean towards A as well, but I’m still a bit unsure.

upvoted 0 times

...

Kris

5 days ago

I feel like literacy isn't a requirement for being legally competent, so B and D might not be correct. A seems more aligned with what I studied.

upvoted 0 times

...

Yolando

10 days ago

I'm not entirely sure, but I remember something about legal representation being important, so maybe C is the right choice?

upvoted 0 times

...

Rhea

16 days ago

I think the answer might be A because it mentions both age and mental competency, which are key factors in contract law.

upvoted 0 times

...