REAL ESTATE SALESPERSON LICENSE EXAM QUESTIONS WITH ACCURATE SOLUTIONS
-GRADED A+
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.
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
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
One of the property owners in a subdivision is violating the deed restrictions. What can the
other property owners do to get him to comply?
Seek an injunction from the courts
-GRADED A+
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.
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
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
One of the property owners in a subdivision is violating the deed restrictions. What can the
other property owners do to get him to comply?
Seek an injunction from the courts