COLIBRI REAL ESTATE MAIN UPDATED ACTUAL EXAM QUESTIONS CORRECT
ANSWERS GRADED A PLUS
Colibri REAL Estate MAIN EXAM Script 2026/2027
Questions and Answers Verified Solutions Latest
Update
Question:
Answer:
Real estate - ✔✔Condominiums and leaseholds, as well as any other interest or estate in land,
whether corporeal, incorporeal, freehold or non-freehold and whether the real estate is situated in
this state or elsewhere; and includes a mobile home when such mobile home is affixed to land.
("Mobile home," as used in this paragraph, means any factory-built structure or structures equipped
with the necessary service connections and made so as to be readily movable as a unit or units and
designed to be used as a dwelling unit or units.) ✔✔Salesperson - ✔✔Any person, other than an
associate broker, who acts on behalf of a real estate broker in performing any act authorized by this
chapter to be performed by the broker. ✔✔State - ✔✔Any state, district, territory, possession, or
province of the United States or Canada and any sovereign nation or any political subdivision of
such sovereign nation. ✔✔conviction - ✔✔A finding or verdict of guilty or a plea of guilty,
regardless of whether the conviction is under appeal A sentencing to first offender treatment without
an adjudication of guilt in a felony charge or any crime involving moral turpitude (inherent baseness
or depravity) A plea of nolo contendere (no contest) to a felony charge or any crime involving moral
turpitude ✔✔Felony - ✔✔Any offense which Georgia would deem a felony, regardless of its
designation in any other state. ✔✔Land - ✔✔legally considered to include the surface of the earth,
the subsurface to the center of the earth, and the air above the land. ✔✔Real estate - ✔✔defined as
the actual physical land (also known as unimproved land or raw land) and everything, both natural
and manufactored, that is permanently attached to it. ✔✔Real property - ✔✔land and its
attachments, as well as all of the rights associated with the property. ✔✔Personal property -
✔✔most easily defined as any property that is not real property. It is moveable, thus not fixed to the
land ✔✔Accession - ✔✔The acquisition of title to land by its addition to real estate already owned,
through human actions or natural processes. ✔✔Accretion - ✔✔A gradual addition to dry land by
the forces of nature, as when the tide deposits waterborne sediment on shoreline property. ✔✔Air
Rights - ✔✔The right to undisturbed use and control of airspace over a parcel of land (within
reasonable limits for air travel); may be transferred separately from the land. ✔✔Alluvion - ✔✔The
solid material deposited along a shore by accretion. Also called Alluvium ✔✔Appropriative Rights
- ✔✔Water rights allocated by government permit, according to an appropriation system. It is not
necessary to own property beside the body of water to apply for an appropriation permit.
✔✔Appurtenance - ✔✔A right that goes along with ownership of real property; usually transferred
with the property, but may be sold separately. This is a legal term referring to both physical and
ANSWERS GRADED A PLUS
Colibri REAL Estate MAIN EXAM Script 2026/2027
Questions and Answers Verified Solutions Latest
Update
Question:
Answer:
Real estate - ✔✔Condominiums and leaseholds, as well as any other interest or estate in land,
whether corporeal, incorporeal, freehold or non-freehold and whether the real estate is situated in
this state or elsewhere; and includes a mobile home when such mobile home is affixed to land.
("Mobile home," as used in this paragraph, means any factory-built structure or structures equipped
with the necessary service connections and made so as to be readily movable as a unit or units and
designed to be used as a dwelling unit or units.) ✔✔Salesperson - ✔✔Any person, other than an
associate broker, who acts on behalf of a real estate broker in performing any act authorized by this
chapter to be performed by the broker. ✔✔State - ✔✔Any state, district, territory, possession, or
province of the United States or Canada and any sovereign nation or any political subdivision of
such sovereign nation. ✔✔conviction - ✔✔A finding or verdict of guilty or a plea of guilty,
regardless of whether the conviction is under appeal A sentencing to first offender treatment without
an adjudication of guilt in a felony charge or any crime involving moral turpitude (inherent baseness
or depravity) A plea of nolo contendere (no contest) to a felony charge or any crime involving moral
turpitude ✔✔Felony - ✔✔Any offense which Georgia would deem a felony, regardless of its
designation in any other state. ✔✔Land - ✔✔legally considered to include the surface of the earth,
the subsurface to the center of the earth, and the air above the land. ✔✔Real estate - ✔✔defined as
the actual physical land (also known as unimproved land or raw land) and everything, both natural
and manufactored, that is permanently attached to it. ✔✔Real property - ✔✔land and its
attachments, as well as all of the rights associated with the property. ✔✔Personal property -
✔✔most easily defined as any property that is not real property. It is moveable, thus not fixed to the
land ✔✔Accession - ✔✔The acquisition of title to land by its addition to real estate already owned,
through human actions or natural processes. ✔✔Accretion - ✔✔A gradual addition to dry land by
the forces of nature, as when the tide deposits waterborne sediment on shoreline property. ✔✔Air
Rights - ✔✔The right to undisturbed use and control of airspace over a parcel of land (within
reasonable limits for air travel); may be transferred separately from the land. ✔✔Alluvion - ✔✔The
solid material deposited along a shore by accretion. Also called Alluvium ✔✔Appropriative Rights
- ✔✔Water rights allocated by government permit, according to an appropriation system. It is not
necessary to own property beside the body of water to apply for an appropriation permit.
✔✔Appurtenance - ✔✔A right that goes along with ownership of real property; usually transferred
with the property, but may be sold separately. This is a legal term referring to both physical and
