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ASREB
NATIONAL EXAM
Verified Questions and Answers
100% Guaranteed Passing 2026/2027
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Guaranteed Passing 2026/2027
The highest form of an estate would be:
Fee simple
Defeasible fee
Fee conditional
Estate in remainder - Answer: Fee Simple
A tenant is living without permission on the property after the lease expires. What type of estate would
the tenant most likely hold?
Estate for years
Estate at sufferance
Estate for period
Estate at will - Answer: Estate for years
A legal action by a court to review and distribute an estate is called: - Answer: Probate
Which of the following tenancy would allow survivorship?
Tenancy in common
Joint tenancy
In severalty
Interval ownership - Answer: Joint tenancy
A property is held in joint tenancy and one of the parties dies testate, which of the following is true?
Title would transfer according to the will
Divided between the spouse and children
Goes to the joint tenant survivor
Would pass to the heirs after probate - Answer: Goes to the joint tenant survivor
, J & R own property and R dies. R's children try but can't obtain the title from J. What type of title did J
& R hold?
Sole and Separate
Tenancy in common
Joint tenancy
Community property - Answer: Joint tenancy
How would two buyers take title if they were not related?
Sole and separate
Tenancy in common
Interval
Community property - Answer: Tenancy in common
What type of lease would the renter pay all expenses?
Net
Gross
Index
Percentage - Answer: Net
A husband and wife own property as tenants in common. If one dies the property would pass to the:
Surviving spouse
State by escheat
Estate of the
deceased
Joint tenant - Answer: Estate of the deceased
Which of the following would have an interest in real estate but not an estate?
Lease
Life Tenant
Download ↓
ASREB
NATIONAL EXAM
Verified Questions and Answers
100% Guaranteed Passing 2026/2027
What You Get
• Exam-aligned content
PASS
• Answers clearly marked in red
100%
• Clear, organized structure for efficient studying GUARANTEED
• Tested concepts
• Printable, well-formatted PDF
,ASREB National Exam Verified Questions and Answers 100%
Guaranteed Passing 2026/2027
The highest form of an estate would be:
Fee simple
Defeasible fee
Fee conditional
Estate in remainder - Answer: Fee Simple
A tenant is living without permission on the property after the lease expires. What type of estate would
the tenant most likely hold?
Estate for years
Estate at sufferance
Estate for period
Estate at will - Answer: Estate for years
A legal action by a court to review and distribute an estate is called: - Answer: Probate
Which of the following tenancy would allow survivorship?
Tenancy in common
Joint tenancy
In severalty
Interval ownership - Answer: Joint tenancy
A property is held in joint tenancy and one of the parties dies testate, which of the following is true?
Title would transfer according to the will
Divided between the spouse and children
Goes to the joint tenant survivor
Would pass to the heirs after probate - Answer: Goes to the joint tenant survivor
, J & R own property and R dies. R's children try but can't obtain the title from J. What type of title did J
& R hold?
Sole and Separate
Tenancy in common
Joint tenancy
Community property - Answer: Joint tenancy
How would two buyers take title if they were not related?
Sole and separate
Tenancy in common
Interval
Community property - Answer: Tenancy in common
What type of lease would the renter pay all expenses?
Net
Gross
Index
Percentage - Answer: Net
A husband and wife own property as tenants in common. If one dies the property would pass to the:
Surviving spouse
State by escheat
Estate of the
deceased
Joint tenant - Answer: Estate of the deceased
Which of the following would have an interest in real estate but not an estate?
Lease
Life Tenant
