Real Estate License Exam A+ Grade Assured Complete Solutions And Verified Answers

CEN EXAM +t




Exam Solution +t




NATIONAL REAL ESTATE EXAM 2026 A+ GRADE ASSUR +t +t +t +t +t +t +t




ED COMPLETE SOLUTIONS AND VERIFIED ANSWERS (2F
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072)




QUESTION 1 +t




In most cases, broker compensation, as a percentage of home price, falls somewhere bet
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ween:
ANSWER

5-7%



QUESTION 2 +t




A Christian organization owns a fourplex. It wants to rent to only Christian tenants. Und
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er the federal Fair Housing Act, is this legal?
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ANSWER

Yes. Religious organizations which rent to tenants for residential purposes are exempt from the Fair Ho
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using Act +t




QUESTION 3 +t




What happens to trade fixtures after a business moves out of a leased property?
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ANSWER

The tenant removes their trade fixtures and takes them upon moving out.
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QUESTION 4 +t




Suppose that a borrower has a gross monthly income of $3,000 and wants to qualify for
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a conforming loan (total debt service ratio of 36%) with a monthly PITI payment of $80
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0. What is the maximum amount of additional long-
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term obligations this borrower may have after PITI?
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,ANSWER

$280



QUESTION 5 +t




A square bedroom measures 10 feet by 10 feet. What is the area of the room?
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ANSWER

100 square feet
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QUESTION 6 +t




Which of these is an economic characteristic that makes land a distinctive commodity?*
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ANSWER

situs



QUESTION 7 +t




In a fixed-
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rate mortgage that is fully amortized, the total amount of interest to be paid is:
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ANSWER

predetermined



QUESTION 8 +t




Which is exempt from the federal Fair Housing Act?
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ANSWER

renting a room in a house occupied by the owner
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QUESTION 9 +t




The Americans with Disabilities Act applies to:
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ANSWER

privately owned or government-owned public accommodations
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QUESTION 10 +t

, Condemnation is the act of seizing private property from citizens. What gives the govern
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ment the right to do this?
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ANSWER

eminent domain +t




QUESTION 11 +t




The PHYSICAL characteristics of land are that land is indestructible, non-
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homogenous, and: +t




ANSWER

immobile



QUESTION 12 +t




Which statement BEST defines the term contingency?
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ANSWER

stipulation that must be satisfied before the contract can be performed
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QUESTION 13 +t




If a borrower is behind on payments, the acceleration clause gives the lender the ability
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to:
ANSWER

call the entire loan balance due immediately
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QUESTION 14 +t




A metes and bounds legal description always returns to:
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ANSWER

the point of beginning
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QUESTION 15 +t




What should a license holder do if a client instructs them to do something that would dis
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criminate against a protected class? +t +t +t +t




ANSWER

advise the client they cannot legally discriminate against certain groups
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