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Real Estate Salesperson License Exam Questions WITH Correct Answers 100% PASS

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Real Estate Salesperson License Exam Questions WITH Correct Answers 100% PASS

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Real Estate Salesperson License
Exam Questions WITH Correct
Answers 100% PASS

The fact that an individual must go to the land describes what physical

characteristics of land? - CORRECT ANSWER-Immobility

John and Mary are co-owners of a property. John has a 60% interest in the

property and Mary has 40%. What type of freehold estate do they have? -

CORRECT ANSWER-Tenancy in Common

A Property is surveyed to determine a legal description. The surveyor works from a

point of beginning, and measures terminal points and angles. What method of land

description is he using? - CORRECT ANSWER-Metes and Bounds

John leased space in a building and installed bookcases and ceiling fans in that

space. His lease will end soon. What will happen to the bookcases and fan? -

CORRECT ANSWER-Because they have been installed, the bookcases and fans

are fixtures and have become part of the property. He must leave them behind.

What is an example of involuntary, statutory, specific lien? - CORRECT

ANSWER-Ad Valorem Tax Lien

,Buyer's agent has helped her buyers find a property. The sellers have installed a

fountain in the courtyard and the buyers have stressed tot heir agent that they want

the fountain to be included in the purchase. What should the buyers' agent do to

ensure that her clients get the fountain? - CORRECT ANSWER-The agent can

include wording int he buyers' offer that indicates the fountain is included in the

sale.

All of the following are fixtures except?:

1. Shrubs

2. Pool

3. Tree

4. Land - CORRECT ANSWER-Land

Mary and John are married with grown children. Both are intestate. If John dies

and Mary becomes the owner of the home, what type of ownership did they have?

- CORRECT ANSWER-Tenancy by the Entirety

A one-half acre parcel of land in Manhattan, NY is worth considerably more than a

one-half acre parcel in White Plains, NY. This is an example of: - CORRECT

ANSWER-Scarcity




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, What is the difference between an easement and a lien? - CORRECT ANSWER-

Easement is a right in land and a lien is not

A seller shows his property with ceiling fans. After closing when the buyer enters

the house the ceiling fans have been removed and the wires are hanging down

from the ceiling. What best describes this situation? - CORRECT ANSWER-The

seller cannot take the fans because they are fixtures.

A married couple purchases property and takes title as Tenants by the Entirety.

What is not true about this? - CORRECT ANSWER-When the spouse dies their

share will pass to their heirs including but not limited to the surviving spouse.

The local government needs your land to build a new high school. They have the

right to take your land for the public good. What is this called? - CORRECT

ANSWER-Eminent Domain

You have recently purchased property in an area regulated by zoning. It has come

to your attention that you have zoning violation on the property. What should you

do? - CORRECT ANSWER-Request a variance from the zoning board

One of the property owners in a subdivision is violating the deed restrictions.

What can the other property owners do to get him to comply? - CORRECT

ANSWER-Seek an injunction from the courts

Your property boarders a non-navigable waterway and you have riparian rights.

You have built a 10-foot pier at the waters edge. How do you measure your

property? - CORRECT ANSWER-To the middle of the waterway

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