MA Real Estate Class Questions From Practice Test 1 Correct 100%

Q2 Which of the following is a legal, but not an ownership, interest ?A) A leasehold B) An encroachment C) An easement d) Subterranean rights - Answer A. A leasehold, The other interests represent either an ownership interest or a potential ownership interest. Which of the following could be an encumbrance? - Answer D) An Easement, Mortgage are encumbrances. and a specific assessment could lead ot unpaid property taxes crating a tax lien. q10 The agency between apartment owner and property manager is, Special, universal, general, transient ? - Answer A Special - The law of agency governs property management. q13 Court order to fulfill contract is: - Answer Specific performance , orders a defaulting party to perform as promised.