NSAR SALESPERSON LICENSING
2026/2027 — 300 Original Practice Questions & Answers
Domain 1 — Real Estate Principles, Property Law & Ownership
1. Which estate generally provides the most complete ownership interest in land?
A. Fee simple
B. Leasehold
C. Easement
D. Licence
Correct Answer: A. Fee simple
Rationale: Fee simple is the broadest private ownership estate, subject to applicable law.
2. Which form of co-ownership normally includes a right of survivorship?
A. Tenancy in common
B. Joint tenancy
C. Tenancy by the entirety
D. A lease
Correct Answer: B. Joint tenancy
Rationale: Joint tenancy includes survivorship when the required conditions are met.
3. What is a key feature of tenancy in common?
A. Only equal shares are permitted
B. Each owner has an undivided interest that can generally be transferred
C. Survivorship is automatic
D. It can exist only between spouses
Correct Answer: B. Each owner has an undivided interest that can generally be transferred
Rationale: Tenants in common may hold unequal undivided interests and generally can transfer their own interests.
4. What is severance of a joint tenancy?
A. Physical division of the building
B. An event that breaks the joint tenancy and may convert the affected interest to tenancy in common
C. Registration of a subdivision plan
D. Cancellation of a mortgage
Correct Answer: B. An event that breaks the joint tenancy and may convert the affected interest to tenancy in
common
Rationale: Severance destroys the joint-tenancy relationship for the affected interest.
5. What is a life estate?
A. An estate measured by a person's life
B. A lease for exactly one year
C. A mortgage interest
D. A condominium interest
Correct Answer: A. An estate measured by a person's life
Rationale: A life estate lasts for the lifetime of the measuring life, subject to the grant terms.
6. What is an easement?
A. A possessory ownership estate
B. A non-possessory right to use land for a stated purpose
C. A mortgage
D. A tax assessment
Correct Answer: B. A non-possessory right to use land for a stated purpose
Rationale: An easement is a non-possessory interest allowing a defined use of another's land.
7. An easement appurtenant benefits which party?
A. The dominant tenement
B. Only the servient owner
NSAR Salesperson Licensing 2026/2027 — Original Practice Material Page 1
, C. The municipality
D. The mortgage lender
Correct Answer: A. The dominant tenement
Rationale: An appurtenant easement benefits the dominant land and burdens the servient land.
8. What is a fixture?
A. Always personal property
B. An item of personal property that has become attached to land so that it is treated as part of the realty
C. A temporary licence
D. A mortgage document
Correct Answer: B. An item of personal property that has become attached to land so that it is treated as part of the
realty
Rationale: Attachment and related circumstances can cause chattels to become fixtures.
9. Which factor is especially important when deciding whether a chattel has become a fixture?
A. Colour
B. Method and degree of attachment, adaptation, and intention
C. Purchase price alone
D. Age alone
Correct Answer: B. Method and degree of attachment, adaptation, and intention
Rationale: Courts commonly consider annexation, adaptation and intention.
10. What is an encumbrance?
A. A benefit that always increases market value
B. A claim, charge, right or restriction affecting title or use
C. A type of freehold estate
D. A building permit
Correct Answer: B. A claim, charge, right or restriction affecting title or use Rationale:
Encumbrances can affect ownership, use, value or marketability.
11. Which is an example of an encumbrance?
A. A mortgage
B. A new sofa
C. A paint colour
D. A moving box
Correct Answer: A. A mortgage
Rationale: A mortgage is a registered interest that burdens title.
12. A restrictive covenant generally does what?
A. Creates unlimited development rights
B. Restricts specified uses or development of land
C. Transfers title automatically
D. Cancels property taxes
Correct Answer: B. Restricts specified uses or development of land
Rationale: Restrictive covenants impose agreed or registered limits on land use.
13. What is a freehold estate?
A. An interest with ownership duration that is not fixed as a short lease term
B. A one-week tenancy
C. A mortgage
D. A licence to enter
Correct Answer: A. An interest with ownership duration that is not fixed as a short lease term Rationale:
Freehold interests include estates such as fee simple and life estates.
14. A leasehold interest is generally characterized by what?
A. No time limitation
B. Possession for a fixed or determinable period under a lease
C. Automatic fee-simple ownership
D. A permanent easement
NSAR Salesperson Licensing 2026/2027 — Original Practice Material Page 2
, Correct Answer: B. Possession for a fixed or determinable period under a lease
Rationale: A lease grants possession for a defined or determinable period.
15. Which interest is generally treated as personal property rather than real property?
A. Fee simple
B. Leasehold interest for a term of years
C. Easement appurtenant
D. Life estate
Correct Answer: B. Leasehold interest for a term of years
Rationale: A leasehold for a term of years is commonly classified as a chattel interest.
16. What is the purpose of a survey plan?
A. To set the listing price
B. To depict boundaries, dimensions or other surveyed information about land
C. To approve a mortgage
D. To determine the seller's credit score
Correct Answer: B. To depict boundaries, dimensions or other surveyed information about land Rationale:
Survey plans provide surveyed information about the parcel and its boundaries.
17. What does the term 'appurtenant' generally mean?
A. Attached or belonging to the land and passing with it
B. Temporary and personal only
C. Unregistered
D. Located off the property
Correct Answer: A. Attached or belonging to the land and passing with it
Rationale: An appurtenant right or benefit is connected to the land rather than merely to a person.
18. What is a servient tenement?
A. Land benefiting from an easement
B. Land burdened by an easement
C. Land owned by the municipality
D. Land subject to a mortgage only
Correct Answer: B. Land burdened by an easement
Rationale: The servient tenement is the parcel burdened by the easement.
19. What is a dominant tenement?
A. Land benefiting from an easement appurtenant
B. Land burdened by a restrictive covenant only
C. A leased apartment
D. A municipal road
Correct Answer: A. Land benefiting from an easement appurtenant
Rationale: The dominant tenement receives the benefit of an easement appurtenant.
20. What is an estate in land?
A. A type of advertising
B. A legal interest in land
C. A property inspection report
D. A tax bill
Correct Answer: B. A legal interest in land
Rationale: An estate describes a legally recognized interest in land.
21. What does 'undivided interest' mean in co-ownership?
A. The property is physically divided into rooms
B. Each owner has an interest in the whole property rather than a specific physical part
C. Only one owner has title
D. The property cannot be sold
Correct Answer: B. Each owner has an interest in the whole property rather than a specific physical part
Rationale: Co-owners may own shares in the whole property without physical partition.
NSAR Salesperson Licensing 2026/2027 — Original Practice Material Page 3
, 22. What is a condominium unit owner's ownership typically composed of?
A. Only the common elements
B. Exclusive ownership of the unit plus an interest in common elements
C. Only a lease
D. Only the parking area
Correct Answer: B. Exclusive ownership of the unit plus an interest in common elements
Rationale: Condominium ownership combines the unit interest with a proportionate interest in common elements.
23. What are common elements in a condominium?
A. Areas or facilities owned or shared by unit owners under the condominium regime
B. Only furniture inside one unit
C. Only municipal streets
D. Only leased rooms
Correct Answer: A. Areas or facilities owned or shared by unit owners under the condominium regime Rationale:
Common elements are shared components of the condominium property.
24. What is a condominium declaration generally used for?
A. To establish the condominium structure and related legal details
B. To replace a mortgage
C. To set an agent's commission
D. To issue a driver's licence
Correct Answer: A. To establish the condominium structure and related legal details Rationale:
The declaration establishes the condominium plan and legal framework.
25. What is a lien?
A. A claim or charge against property securing an obligation
B. A type of lease
C. A surveyor's measuring tool
D. A zoning map
Correct Answer: A. A claim or charge against property securing an obligation Rationale:
A lien can secure payment or performance and may affect title.
26. Why should an agent identify registered encumbrances?
A. They may affect the buyer's rights, use or marketability of title
B. They always increase commission
C. They eliminate property taxes
D. They guarantee financing
Correct Answer: A. They may affect the buyer's rights, use or marketability of title
Rationale: Encumbrances can materially affect the property and transaction.
27. What is adverse possession generally concerned with?
A. Acquiring or affecting title through qualifying possession under applicable law
B. Obtaining a mortgage
C. Changing a listing price
D. Creating a lease
Correct Answer: A. Acquiring or affecting title through qualifying possession under applicable law
Rationale: Adverse possession is a legal doctrine concerning possession and title, subject to statutory requirements.
28. Why is land registration important in a transaction?
A. It provides a public legal record of registered interests and instruments
B. It guarantees a property's market value
C. It replaces every inspection
D. It sets the commission rate
Correct Answer: A. It provides a public legal record of registered interests and instruments
Rationale: Registration provides an official record of relevant land interests and instruments.
29. What is a chattel?
A. A movable item of personal property
B. A freehold estate
NSAR Salesperson Licensing 2026/2027 — Original Practice Material Page 4
2026/2027 — 300 Original Practice Questions & Answers
Domain 1 — Real Estate Principles, Property Law & Ownership
1. Which estate generally provides the most complete ownership interest in land?
A. Fee simple
B. Leasehold
C. Easement
D. Licence
Correct Answer: A. Fee simple
Rationale: Fee simple is the broadest private ownership estate, subject to applicable law.
2. Which form of co-ownership normally includes a right of survivorship?
A. Tenancy in common
B. Joint tenancy
C. Tenancy by the entirety
D. A lease
Correct Answer: B. Joint tenancy
Rationale: Joint tenancy includes survivorship when the required conditions are met.
3. What is a key feature of tenancy in common?
A. Only equal shares are permitted
B. Each owner has an undivided interest that can generally be transferred
C. Survivorship is automatic
D. It can exist only between spouses
Correct Answer: B. Each owner has an undivided interest that can generally be transferred
Rationale: Tenants in common may hold unequal undivided interests and generally can transfer their own interests.
4. What is severance of a joint tenancy?
A. Physical division of the building
B. An event that breaks the joint tenancy and may convert the affected interest to tenancy in common
C. Registration of a subdivision plan
D. Cancellation of a mortgage
Correct Answer: B. An event that breaks the joint tenancy and may convert the affected interest to tenancy in
common
Rationale: Severance destroys the joint-tenancy relationship for the affected interest.
5. What is a life estate?
A. An estate measured by a person's life
B. A lease for exactly one year
C. A mortgage interest
D. A condominium interest
Correct Answer: A. An estate measured by a person's life
Rationale: A life estate lasts for the lifetime of the measuring life, subject to the grant terms.
6. What is an easement?
A. A possessory ownership estate
B. A non-possessory right to use land for a stated purpose
C. A mortgage
D. A tax assessment
Correct Answer: B. A non-possessory right to use land for a stated purpose
Rationale: An easement is a non-possessory interest allowing a defined use of another's land.
7. An easement appurtenant benefits which party?
A. The dominant tenement
B. Only the servient owner
NSAR Salesperson Licensing 2026/2027 — Original Practice Material Page 1
, C. The municipality
D. The mortgage lender
Correct Answer: A. The dominant tenement
Rationale: An appurtenant easement benefits the dominant land and burdens the servient land.
8. What is a fixture?
A. Always personal property
B. An item of personal property that has become attached to land so that it is treated as part of the realty
C. A temporary licence
D. A mortgage document
Correct Answer: B. An item of personal property that has become attached to land so that it is treated as part of the
realty
Rationale: Attachment and related circumstances can cause chattels to become fixtures.
9. Which factor is especially important when deciding whether a chattel has become a fixture?
A. Colour
B. Method and degree of attachment, adaptation, and intention
C. Purchase price alone
D. Age alone
Correct Answer: B. Method and degree of attachment, adaptation, and intention
Rationale: Courts commonly consider annexation, adaptation and intention.
10. What is an encumbrance?
A. A benefit that always increases market value
B. A claim, charge, right or restriction affecting title or use
C. A type of freehold estate
D. A building permit
Correct Answer: B. A claim, charge, right or restriction affecting title or use Rationale:
Encumbrances can affect ownership, use, value or marketability.
11. Which is an example of an encumbrance?
A. A mortgage
B. A new sofa
C. A paint colour
D. A moving box
Correct Answer: A. A mortgage
Rationale: A mortgage is a registered interest that burdens title.
12. A restrictive covenant generally does what?
A. Creates unlimited development rights
B. Restricts specified uses or development of land
C. Transfers title automatically
D. Cancels property taxes
Correct Answer: B. Restricts specified uses or development of land
Rationale: Restrictive covenants impose agreed or registered limits on land use.
13. What is a freehold estate?
A. An interest with ownership duration that is not fixed as a short lease term
B. A one-week tenancy
C. A mortgage
D. A licence to enter
Correct Answer: A. An interest with ownership duration that is not fixed as a short lease term Rationale:
Freehold interests include estates such as fee simple and life estates.
14. A leasehold interest is generally characterized by what?
A. No time limitation
B. Possession for a fixed or determinable period under a lease
C. Automatic fee-simple ownership
D. A permanent easement
NSAR Salesperson Licensing 2026/2027 — Original Practice Material Page 2
, Correct Answer: B. Possession for a fixed or determinable period under a lease
Rationale: A lease grants possession for a defined or determinable period.
15. Which interest is generally treated as personal property rather than real property?
A. Fee simple
B. Leasehold interest for a term of years
C. Easement appurtenant
D. Life estate
Correct Answer: B. Leasehold interest for a term of years
Rationale: A leasehold for a term of years is commonly classified as a chattel interest.
16. What is the purpose of a survey plan?
A. To set the listing price
B. To depict boundaries, dimensions or other surveyed information about land
C. To approve a mortgage
D. To determine the seller's credit score
Correct Answer: B. To depict boundaries, dimensions or other surveyed information about land Rationale:
Survey plans provide surveyed information about the parcel and its boundaries.
17. What does the term 'appurtenant' generally mean?
A. Attached or belonging to the land and passing with it
B. Temporary and personal only
C. Unregistered
D. Located off the property
Correct Answer: A. Attached or belonging to the land and passing with it
Rationale: An appurtenant right or benefit is connected to the land rather than merely to a person.
18. What is a servient tenement?
A. Land benefiting from an easement
B. Land burdened by an easement
C. Land owned by the municipality
D. Land subject to a mortgage only
Correct Answer: B. Land burdened by an easement
Rationale: The servient tenement is the parcel burdened by the easement.
19. What is a dominant tenement?
A. Land benefiting from an easement appurtenant
B. Land burdened by a restrictive covenant only
C. A leased apartment
D. A municipal road
Correct Answer: A. Land benefiting from an easement appurtenant
Rationale: The dominant tenement receives the benefit of an easement appurtenant.
20. What is an estate in land?
A. A type of advertising
B. A legal interest in land
C. A property inspection report
D. A tax bill
Correct Answer: B. A legal interest in land
Rationale: An estate describes a legally recognized interest in land.
21. What does 'undivided interest' mean in co-ownership?
A. The property is physically divided into rooms
B. Each owner has an interest in the whole property rather than a specific physical part
C. Only one owner has title
D. The property cannot be sold
Correct Answer: B. Each owner has an interest in the whole property rather than a specific physical part
Rationale: Co-owners may own shares in the whole property without physical partition.
NSAR Salesperson Licensing 2026/2027 — Original Practice Material Page 3
, 22. What is a condominium unit owner's ownership typically composed of?
A. Only the common elements
B. Exclusive ownership of the unit plus an interest in common elements
C. Only a lease
D. Only the parking area
Correct Answer: B. Exclusive ownership of the unit plus an interest in common elements
Rationale: Condominium ownership combines the unit interest with a proportionate interest in common elements.
23. What are common elements in a condominium?
A. Areas or facilities owned or shared by unit owners under the condominium regime
B. Only furniture inside one unit
C. Only municipal streets
D. Only leased rooms
Correct Answer: A. Areas or facilities owned or shared by unit owners under the condominium regime Rationale:
Common elements are shared components of the condominium property.
24. What is a condominium declaration generally used for?
A. To establish the condominium structure and related legal details
B. To replace a mortgage
C. To set an agent's commission
D. To issue a driver's licence
Correct Answer: A. To establish the condominium structure and related legal details Rationale:
The declaration establishes the condominium plan and legal framework.
25. What is a lien?
A. A claim or charge against property securing an obligation
B. A type of lease
C. A surveyor's measuring tool
D. A zoning map
Correct Answer: A. A claim or charge against property securing an obligation Rationale:
A lien can secure payment or performance and may affect title.
26. Why should an agent identify registered encumbrances?
A. They may affect the buyer's rights, use or marketability of title
B. They always increase commission
C. They eliminate property taxes
D. They guarantee financing
Correct Answer: A. They may affect the buyer's rights, use or marketability of title
Rationale: Encumbrances can materially affect the property and transaction.
27. What is adverse possession generally concerned with?
A. Acquiring or affecting title through qualifying possession under applicable law
B. Obtaining a mortgage
C. Changing a listing price
D. Creating a lease
Correct Answer: A. Acquiring or affecting title through qualifying possession under applicable law
Rationale: Adverse possession is a legal doctrine concerning possession and title, subject to statutory requirements.
28. Why is land registration important in a transaction?
A. It provides a public legal record of registered interests and instruments
B. It guarantees a property's market value
C. It replaces every inspection
D. It sets the commission rate
Correct Answer: A. It provides a public legal record of registered interests and instruments
Rationale: Registration provides an official record of relevant land interests and instruments.
29. What is a chattel?
A. A movable item of personal property
B. A freehold estate
NSAR Salesperson Licensing 2026/2027 — Original Practice Material Page 4
