COMPREHENSIVE EXAMINATION TEST
QUESTIONS WITH 100% CORRECT ANSWERS
◉ assemblage. Answer: The combining of two or more adjoining lots
into one large tract.
◉ Buffer zone. Answer: In zoning, a strip of land separating one land
use from another.
◉ 1 year. Answer: 1. Residential rental agreements.
2. The time required to keep rejected offers.
3. from expiration in property management keep records.
◉ 3 yrs. Answer: 1. Redemption period following a real property tax
sale.
2. A person must be active in real estate to qualify for broker's
license.
3. financials from property management.
◉ 5 yrs. Answer: 1. Length of time a judgement remains valid.
2. A broker must keep copy of all contracts from termination date.
, 3. The period of time to file suit to obtain money from recovery fund.
4. Period of non-use to lose an easement
◉ 6 months. Answer: 1. Time period to file suit after mechanic's lien
was filed.
2. Length if time the transferee must retain all notices to creditors
under the Uniform Commercial Code.
3. Statutory period of redemption regarding a mortgage foreclosure.
4. A person may reject a contract regarding unimproved subdivided
or unsubdivided land when purchased sight unseen.
◉ 6yrs. Answer: 1. Length of time the Advisory Board Members
serve.
◉ 7 days. Answer: 1. Period of time to reject a contract regarding
unimproved subdivided or unsubdivided land if the buyer has
inspected the land.
2. Time to recsind a timeshare contract .
◉ 10 days. Answer: 1. Amount of days to notify the Real Estate Dept.
regarding change of address, judgement, conviction of crime, and
change of employer.