Real Estate Salesperson License Exam (Latest 2026/2027 Update) Questions with Verified Answers | 100% Correct| Graded A+

Real Estate Salesperson License Exam (Latest
2026/2027 Update) Questions with Verified
Answers | 100% Correct| Graded A+
Question:
John leased space in a building and installed bookcases and ceiling fans in
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that space. His lease will end soon. What will happen to the bookcases
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and fan??
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Answer:
Because they have been installed, the bookcases and fans are fixtures and
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have become part of the property. He must leave them behind.
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Question:
What is an example of involuntary, statutory, specific lien??
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Answer:
Ad Valorem Tax Lien
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Question:

Buyer's agent has helped her buyers find a property. The sellers have
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installed a fountain in the courtyard and the buyers have stressed tot heir
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agent that they want the fountain to be included in the purchase. What
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should the buyers' agent do to ensure that her clients get the fountain??
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,Answer:
The agent can include wording int he buyers' offer that indicates the
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fountain is included in the sale.
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Question:

All of the following are fixtures except?:
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1. Shrubs
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2. Pool
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3. Tree
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4. Land?
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Answer:
Land




Question:

Mary and John are married with grown children. Both are intestate. If John
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dies and Mary becomes the owner of the home, what type of ownership
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did they have??
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Answer:

Tenancy by the Entirety i,- i,- i,-




Question:

,A one-half acre parcel of land in Manhattan, NY is worth considerably
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more than a one-half acre parcel in White Plains, NY. This is an example
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of:?
Answer:

Scarcity




Question:

What is the difference between an easement and a lien??
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Answer:
Easement is a right in land and a lien is not
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Question:

A seller shows his property with ceiling fans. After closing when the buyer
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enters the house the ceiling fans have been removed and the wires are
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hanging down from the ceiling. What best describes this situation??
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Answer:

The seller cannot take the fans because they are fixtures.
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Question:

The fact that an individual must go to the land describes what physical
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characteristics of land?? i,- i,-




Answer:

, Immobility




Question:

John and Mary are co-owners of a property. John has a 60% interest in
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the property and Mary has 40%. What type of freehold estate do they
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have??

Answer:

Tenancy in Common i,- i,-




Question:
A Property is surveyed to determine a legal description. The surveyor
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works from a point of beginning, and measures terminal points and
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angles. What method of land description is he using??
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Answer:
Metes and Bounds i,- i,-




Question:
A married couple purchases property and takes title as Tenants by the
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Entirety. What is not true about this??
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