Page 1 of 9
real estate salesperson exam 2024-2025
question: if a man leased a store for only six months, he would have an:
a: estate from period to period;
b: estate for years;
c: estate at will;
d: estate at sufferance. - answer-correct answer is : b
in an estate for years the tenant has the use of the property for a specified period of time which may be
days, weeks, months or years.
question: an easement differs from a license in that a license:
a: must be created by written instrument;
b: is of indefinite duration;
c: may be assigned;
d: may be revoked. - answer-correct answer is : d
a license is the personal, revocable, nonassignable permission to do some act on the land of another. a
ticket to a sports event is a license.
question: when rent is computed on the gross sales of a business occupying real property, the lease is
correctly termed:
a: a net lease;
b: a gross lease;
c: a voidable lease;
d: a percentage lease. - answer-correct answer is : d
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in a percentage lease, the rent is tied to a percentage of the gross receipts of a business.
question: if a man has a freehold estate, which of the following would result in his having a less-than-
freehold estate:
a: sale and leaseback;
b: selling the mineral rights to a third party;
c: giving a leasehold interest for 5 years;
d: granting a life estate. - answer-correct answer is : a
a less-than-freehold estate is a landlord/tenant arrangement. of the choices offered, only a sale-
leaseback would result in a less-than-freehold estate.
question: the remedy of unlawful detainer action is used by offended:
a: grantors;
b: holders of notes in default;
c: lessors;
d: trustors. - answer-correct answer is : c
the lessor is the landlord who is entitled to the reversionary interest in the property in the event the
tenant has breached the lease and refuses to give up possession.
question: which of the following is considered personal property:
a: an easement;
b: mineral rights;
c: an existing mortgage;
d: trees growing in a forest. - answer-correct answer is : c
real estate salesperson exam 2024-2025
question: if a man leased a store for only six months, he would have an:
a: estate from period to period;
b: estate for years;
c: estate at will;
d: estate at sufferance. - answer-correct answer is : b
in an estate for years the tenant has the use of the property for a specified period of time which may be
days, weeks, months or years.
question: an easement differs from a license in that a license:
a: must be created by written instrument;
b: is of indefinite duration;
c: may be assigned;
d: may be revoked. - answer-correct answer is : d
a license is the personal, revocable, nonassignable permission to do some act on the land of another. a
ticket to a sports event is a license.
question: when rent is computed on the gross sales of a business occupying real property, the lease is
correctly termed:
a: a net lease;
b: a gross lease;
c: a voidable lease;
d: a percentage lease. - answer-correct answer is : d
, Page 2 of 9
in a percentage lease, the rent is tied to a percentage of the gross receipts of a business.
question: if a man has a freehold estate, which of the following would result in his having a less-than-
freehold estate:
a: sale and leaseback;
b: selling the mineral rights to a third party;
c: giving a leasehold interest for 5 years;
d: granting a life estate. - answer-correct answer is : a
a less-than-freehold estate is a landlord/tenant arrangement. of the choices offered, only a sale-
leaseback would result in a less-than-freehold estate.
question: the remedy of unlawful detainer action is used by offended:
a: grantors;
b: holders of notes in default;
c: lessors;
d: trustors. - answer-correct answer is : c
the lessor is the landlord who is entitled to the reversionary interest in the property in the event the
tenant has breached the lease and refuses to give up possession.
question: which of the following is considered personal property:
a: an easement;
b: mineral rights;
c: an existing mortgage;
d: trees growing in a forest. - answer-correct answer is : c
