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PSI practice exam Questions and
Answers Latest 2026
Real property can be converted to personal property by
Ans: severance
Federal Truth-in-Lending laws are also known as Ans:
Regulation Z
A contract has been drawn which obliges the sellers to
convey title to their land to the buyers if the buyers come
up with $22,000 on or before December 31st. This is
called: Ans: an option contract
woman owns a tract of land that also is a servient
tenement. The easement over, through, or under the tract
is an Ans: encumbrance
In an exclusive right to sell listing agreement, how many
agents are involved Ans: one
All of the following agency relationships could be used to
describe a cooperating broker in a real estate transaction
EXCEPT Ans: a subagent
A partial release clause generally is found in a Ans:
blanket mortgage
Most likely to act as a general agent for a client Ans:
property manager
© 2025 All rights reserved
PSI practice exam Questions and
Answers Latest 2026
Real property can be converted to personal property by
Ans: severance
Federal Truth-in-Lending laws are also known as Ans:
Regulation Z
A contract has been drawn which obliges the sellers to
convey title to their land to the buyers if the buyers come
up with $22,000 on or before December 31st. This is
called: Ans: an option contract
woman owns a tract of land that also is a servient
tenement. The easement over, through, or under the tract
is an Ans: encumbrance
In an exclusive right to sell listing agreement, how many
agents are involved Ans: one
All of the following agency relationships could be used to
describe a cooperating broker in a real estate transaction
EXCEPT Ans: a subagent
A partial release clause generally is found in a Ans:
blanket mortgage
Most likely to act as a general agent for a client Ans:
property manager
© 2025 All rights reserved
