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NSAR Salesperson Licensing Exam 2026/2027 Latest Edition | Comprehensive Study Guide | Practice Questions & Detailed Answer Explanations | Nova Scotia Real Estate Licensing Exam Prep

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NSAR Salesperson Licensing Exam 2026/2027 Latest Edition | Comprehensive Study Guide | Practice Questions & Detailed Answer Explanations | Nova Scotia Real Estate Licensing Exam Prep

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NSAR Salesperson Licensing Exam
2026/2027 Latest Edition |
Comprehensive Study Guide | Practice
Questions & Detailed Answer
Explanations | Nova Scotia Real Estate
Licensing Exam Prep


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




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

Tenancy in Common




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

Metes and Bounds




John leased space in a building and installed bookcases and ceiling fans in that space. His lease
will end soon. What will happen to the bookcases and fan?

Because they have been installed, the bookcases and fans are fixtures and have become part of
the property. He must leave them behind.

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What is an example of involuntary, statutory, specific lien?

Ad Valorem Tax Lien




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




All of the following are fixtures except?:

1. Shrubs

2. Pool

3. Tree

4. Land

Land




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

Tenancy by the Entirety




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

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What is the difference between an easement and a lien?

Easement is a right in land and a lien is not




A seller shows his property with ceiling fans. After closing when the buyer enters the house the
ceiling fans have been removed and the wires are hanging down from the ceiling. What best
describes this situation?
The seller cannot take the fans because they are fixtures.




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

When the spouse dies their share will pass to their heirs including but not limited to the surviving
spouse.




The local government needs your land to build a new high school. They have the right to take
your land for the public good. What is this called?

Eminent Domain




You have recently purchased property in an area regulated by zoning. It has come to your
attention that you have zoning violation on the property. What should you do?

Request a variance from the zoning board

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