WRA CORE EXAM SET 2026/2027 QUESTIONS AND
SOLUTIONS RATED A+
✔✔Party Wall Easement - ✔✔A wall that is located on a boundary line between two
adjoining parcels of land.
✔✔Easement - ✔✔An incorporeal right held by one party to make use of the land of
another for a limited purpose.
✔✔Judgment Lien - ✔✔A lien binding the real estate of one who is in debt to the holder
of a judgment, giving the holder a right to foreclose on the land for the satisfaction of the
judgment.
✔✔Marketable Title - ✔✔A title that is free from defects and encumbrances and may be
transferred to another party.
✔✔Quitclaim Deed - ✔✔A deed that conveys title to real property without making
warranties or representations regarding the quality of the deed.
✔✔Easement by Condemnation - ✔✔An easement acquired through operation of law
by a government for a public use.
✔✔Suit to Quiet Title - ✔✔A court action intended to establish the title to a particular
property where there is a cloud on title.
✔✔Commercial Easement in Gross - ✔✔An easement between a landowner and a
company that binds subsequent owners.
✔✔Assessed Value - ✔✔A property's value for determining property taxes.
✔✔Personal Easement in Gross - ✔✔An easement that exists between a landowner
and another person that typically ends upon the death of the easement holder or
transfer of title.
✔✔Mortgage Lien - ✔✔Lien rights given to a lender by a borrower in exchange for the
loan.
✔✔Writ of Execution - ✔✔A court order instructing the officer of the court to carry out
the decision of the court.
✔✔Encumbrances will lessen the value of a property. - ✔✔False
Explanation:
, Encumbrances, such as a judgment, may lessen the value of the property.
Encumbrances, such as deed restrictions, do not negatively affect the value and could
add value to a property.
✔✔A mortgage lien is both voluntary and general. - ✔✔False
Explanation:
A mortgage lien is voluntary and specific.
✔✔An easement by prescription must be granted when subdividing land to provide
ingress and egress. - ✔✔False
Explanation:
A court may grant an easement by prescription if a claimant has made use of another's
land when that use has been continuous, exclusive, visible, open, notorious, and hostile
for a time, which is usually 20 years.
✔✔The WB-11 Residential Offer to Purchase pre-printed terms allow the seller to
provide an abstract or title insurance as title evidence. - ✔✔False
Explanation:
The pre-printed terms of the WB-11 Residential Offer to Purchase, lines 340-342,
require the seller to provide title insurance to the buyer.
✔✔A party must record a deed for a transfer to be valid. - ✔✔False
Explanation:
Parties often record deeds when conveying property but it is not necessary to record a
deed for a party to convey property. Recording a deed provides constructive notice of
ownership to third parties and it protects a grantee from other parties challenging
ownership of a property.
✔✔The owner of the easement has ownership rights in the property. - ✔✔False
Explanation:
The owner of the easement has the right to use another's property. The easement
owner does not have ownership rights to the property.
✔✔The transfer fee for conveying a property for $100,000 property is $300. - ✔✔True
Explanation:
$100,000 x .003 = $300
✔✔Appurtenant easements will typically run with the land. - ✔✔True
SOLUTIONS RATED A+
✔✔Party Wall Easement - ✔✔A wall that is located on a boundary line between two
adjoining parcels of land.
✔✔Easement - ✔✔An incorporeal right held by one party to make use of the land of
another for a limited purpose.
✔✔Judgment Lien - ✔✔A lien binding the real estate of one who is in debt to the holder
of a judgment, giving the holder a right to foreclose on the land for the satisfaction of the
judgment.
✔✔Marketable Title - ✔✔A title that is free from defects and encumbrances and may be
transferred to another party.
✔✔Quitclaim Deed - ✔✔A deed that conveys title to real property without making
warranties or representations regarding the quality of the deed.
✔✔Easement by Condemnation - ✔✔An easement acquired through operation of law
by a government for a public use.
✔✔Suit to Quiet Title - ✔✔A court action intended to establish the title to a particular
property where there is a cloud on title.
✔✔Commercial Easement in Gross - ✔✔An easement between a landowner and a
company that binds subsequent owners.
✔✔Assessed Value - ✔✔A property's value for determining property taxes.
✔✔Personal Easement in Gross - ✔✔An easement that exists between a landowner
and another person that typically ends upon the death of the easement holder or
transfer of title.
✔✔Mortgage Lien - ✔✔Lien rights given to a lender by a borrower in exchange for the
loan.
✔✔Writ of Execution - ✔✔A court order instructing the officer of the court to carry out
the decision of the court.
✔✔Encumbrances will lessen the value of a property. - ✔✔False
Explanation:
, Encumbrances, such as a judgment, may lessen the value of the property.
Encumbrances, such as deed restrictions, do not negatively affect the value and could
add value to a property.
✔✔A mortgage lien is both voluntary and general. - ✔✔False
Explanation:
A mortgage lien is voluntary and specific.
✔✔An easement by prescription must be granted when subdividing land to provide
ingress and egress. - ✔✔False
Explanation:
A court may grant an easement by prescription if a claimant has made use of another's
land when that use has been continuous, exclusive, visible, open, notorious, and hostile
for a time, which is usually 20 years.
✔✔The WB-11 Residential Offer to Purchase pre-printed terms allow the seller to
provide an abstract or title insurance as title evidence. - ✔✔False
Explanation:
The pre-printed terms of the WB-11 Residential Offer to Purchase, lines 340-342,
require the seller to provide title insurance to the buyer.
✔✔A party must record a deed for a transfer to be valid. - ✔✔False
Explanation:
Parties often record deeds when conveying property but it is not necessary to record a
deed for a party to convey property. Recording a deed provides constructive notice of
ownership to third parties and it protects a grantee from other parties challenging
ownership of a property.
✔✔The owner of the easement has ownership rights in the property. - ✔✔False
Explanation:
The owner of the easement has the right to use another's property. The easement
owner does not have ownership rights to the property.
✔✔The transfer fee for conveying a property for $100,000 property is $300. - ✔✔True
Explanation:
$100,000 x .003 = $300
✔✔Appurtenant easements will typically run with the land. - ✔✔True
