Virginia Real Estate Exam Practice Question
A broker enters into a listing agreement with a client who says only couples with no children will be allowed to buy the home. Why is this a void agreement?
Correct Answer: A
Rationale: The agreement is void because it lacks a lawful objective. Listing a home with the stipulation that only couples without children can purchase it discriminates against families, violating fair housing laws.
Option B is incorrect; while many agreements should be in writing to be enforceable, this specific issue pertains to the legality of the objective rather than the form.
Option C is not applicable here, as there is no indication that both parties were mistaken about the terms.
Option D is also incorrect; the scenario does not suggest that the client was forced or coerced into this agreement.
Unlock All Questions
Subscribe to Premium for full access to all practice questions, detailed rationales, and performance tracking.
Subscribe Now