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Exam (elaborations)

National - Real Estate Exam Practice Questions and Answers Guide

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2023/2024 Written for academic year
Institution Real Estate
Course Real Estate
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Which of the following is a lien on real estate? a. recorded easement b. recorded mortgage c. encroachment d. dead restriction b. recorded mortgage Which approach to value would MOST likely be useful to real estate brokers estimating the value of a single-family residence for sale in a subdivision? a. cost approach b. income approach c. market comparison approach d. gross rent multiplier c. market comparison approach A license is an example of? a. easement b. encumbrance c. condemnation d. police power b. encumbrance If the holder of an easement owns adjacent land and his physical use of the land is benefited by the easement, he is said to have: a. easement in gross b. prescriptive easement c. easement appurtenant d. license c. easement appurtenant A sales contract was signed by a minor. Which term describes this contract? a. voidable b. breached c. discharged d. void a. voidable

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  • national real estate exam practice questions and
  • which of the following is a lien on real estate
  • which approach to value would most likely be usefu
  • a license is an example of a easement b encu

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