BARNEY FLETCHER REAL ESTATE EXAM SHEET 2025/2026
QUESTIONS WITH SOLUTIONS GRADED A+
✔✔a ______ fixture can be affixed to real property without becoming legal part of the
property - ✔✔trade
✔✔Trade fixtures may not be removed from leased premises once they are affixed.
T/F? - ✔✔False
✔✔Trade fixtures do not include replacement fixtures. T/F? - ✔✔True
✔✔Fructus industriales is another term for: - ✔✔emblements
✔✔all property other than real property is known as _____ - ✔✔Chattel
✔✔A bill of sale is to personal property as a deed is to real property. T/F? - ✔✔True
✔✔The actual amount of money paid for a particular parcel of real estate is said to be
that property's: - ✔✔Price
✔✔In an ideal market, the forces of supply and demand are always chaotic. T/F? -
✔✔False
✔✔A licensed real estate salesperson may legally accept an extra commission for a
difficult sale from: - ✔✔his or her broker-employer
✔✔Owner Kelly is leaving the area for a one year period. She asks salesperson Boren
to manage her rental house for $45/mo while she is gone. Which of the following is true
in this situation?
A. Boren must work through her broker
B. Boren must put the $45 in an interest bearing escrow account
C. This is OK because the compensation is less than $1,000
D. This is OK because the time element is not more than one year - ✔✔A
✔✔A salesperson represents the _____ - ✔✔Broker
✔✔Which of the following is required to hold a real estate license?
A. A person who, for compensation, helps sell his neighbor's home
B. A government employee selling land owned by the government
C. A property manager leasing property in the course of his employment for the owner.
D. All of these choices - ✔✔A
,✔✔Our free enterprise system is free from government economic controls. T/F? -
✔✔False
✔✔The purpose of a state real estate regulatory board is to protect: - ✔✔the general
public
✔✔A mushroom farm is industrial property. T/F? - ✔✔False
✔✔Special purpose properties include all of the following EXCEPT:
A. Churches
B. Hospitals
C. Industrial park
D. Nursing homes - ✔✔C
✔✔Commercial property includes all but which of the following?
A. horse ranch
B. office buildings
C. restaurants
D. vacant land suitable for commercial development - ✔✔A
✔✔A hospital is a commercial property. T/F? - ✔✔False
✔✔An industrial park is commercial property. T/F? - ✔✔False
✔✔Which of the following is not considered a legal description?
A. Metes and bounds
B. Lot and block
C. Government method of survey
D. Street address, city, state and zip code - ✔✔D
✔✔The least accurate method of legal description is the: - ✔✔Monuments method
✔✔If a person owns a square parcel of land that is 1 mile on each side, the person
owns how many acres? - ✔✔640
✔✔The government survey method is used in the majority of states in the US. T/F? -
✔✔True
✔✔In a real estate contract, the legal description of the property describes the:
A. Land only
B. Land and improvements
C. land, improvements and all rights pertaining to the land
D. Land, improvements, rights and rights of easement - ✔✔A
, ✔✔Of the given choices, the best way to describe an irregularly shaped parcel is:
A. Government survey
B. Geodetic survey
C. Constant survey
D. Metes and bounds - ✔✔D. Metes and bounds
✔✔When a developer records a plat showing property in three dimensions (length,
width and height), he or she would be developing:
A. an industrial park complex
B. a PUD which is for single family homes only
C. a multi-story condominium complex
D. A large one story shopping mall - ✔✔C
✔✔When a metes and bounds survey is used as the legal description of property, the
word metes refers to - ✔✔the length of a property line
✔✔Which of the following would provide the least accurate description of a parcel of
land?
A. metes and bounds
B. Rectangular survey
C. Lot, block, and subdivision
D. Tax assessor's reference number - ✔✔D
✔✔Boundary markers of land, either natural or man-made, are _____ - ✔✔Monuments
✔✔An adequate metes and bounds description will have all of the following EXCEPT?
A. A definite point of beginning
B. Four sides
C. Closure
D. Linear measurements and compass directions - ✔✔B
✔✔Land located in a rural area of an eastern state would most likely be described by?
A. Government rectangular survey
B. Lot, block and subdivision
C. Metes and bounds
D. Reference to other documents - ✔✔C
✔✔One would normally use a survey to identify all of the following except:
A. legal location of the property
B. Violations of the zoning set-back ordinances
C. Encroachments of the property
D. Liens on the property - ✔✔D
QUESTIONS WITH SOLUTIONS GRADED A+
✔✔a ______ fixture can be affixed to real property without becoming legal part of the
property - ✔✔trade
✔✔Trade fixtures may not be removed from leased premises once they are affixed.
T/F? - ✔✔False
✔✔Trade fixtures do not include replacement fixtures. T/F? - ✔✔True
✔✔Fructus industriales is another term for: - ✔✔emblements
✔✔all property other than real property is known as _____ - ✔✔Chattel
✔✔A bill of sale is to personal property as a deed is to real property. T/F? - ✔✔True
✔✔The actual amount of money paid for a particular parcel of real estate is said to be
that property's: - ✔✔Price
✔✔In an ideal market, the forces of supply and demand are always chaotic. T/F? -
✔✔False
✔✔A licensed real estate salesperson may legally accept an extra commission for a
difficult sale from: - ✔✔his or her broker-employer
✔✔Owner Kelly is leaving the area for a one year period. She asks salesperson Boren
to manage her rental house for $45/mo while she is gone. Which of the following is true
in this situation?
A. Boren must work through her broker
B. Boren must put the $45 in an interest bearing escrow account
C. This is OK because the compensation is less than $1,000
D. This is OK because the time element is not more than one year - ✔✔A
✔✔A salesperson represents the _____ - ✔✔Broker
✔✔Which of the following is required to hold a real estate license?
A. A person who, for compensation, helps sell his neighbor's home
B. A government employee selling land owned by the government
C. A property manager leasing property in the course of his employment for the owner.
D. All of these choices - ✔✔A
,✔✔Our free enterprise system is free from government economic controls. T/F? -
✔✔False
✔✔The purpose of a state real estate regulatory board is to protect: - ✔✔the general
public
✔✔A mushroom farm is industrial property. T/F? - ✔✔False
✔✔Special purpose properties include all of the following EXCEPT:
A. Churches
B. Hospitals
C. Industrial park
D. Nursing homes - ✔✔C
✔✔Commercial property includes all but which of the following?
A. horse ranch
B. office buildings
C. restaurants
D. vacant land suitable for commercial development - ✔✔A
✔✔A hospital is a commercial property. T/F? - ✔✔False
✔✔An industrial park is commercial property. T/F? - ✔✔False
✔✔Which of the following is not considered a legal description?
A. Metes and bounds
B. Lot and block
C. Government method of survey
D. Street address, city, state and zip code - ✔✔D
✔✔The least accurate method of legal description is the: - ✔✔Monuments method
✔✔If a person owns a square parcel of land that is 1 mile on each side, the person
owns how many acres? - ✔✔640
✔✔The government survey method is used in the majority of states in the US. T/F? -
✔✔True
✔✔In a real estate contract, the legal description of the property describes the:
A. Land only
B. Land and improvements
C. land, improvements and all rights pertaining to the land
D. Land, improvements, rights and rights of easement - ✔✔A
, ✔✔Of the given choices, the best way to describe an irregularly shaped parcel is:
A. Government survey
B. Geodetic survey
C. Constant survey
D. Metes and bounds - ✔✔D. Metes and bounds
✔✔When a developer records a plat showing property in three dimensions (length,
width and height), he or she would be developing:
A. an industrial park complex
B. a PUD which is for single family homes only
C. a multi-story condominium complex
D. A large one story shopping mall - ✔✔C
✔✔When a metes and bounds survey is used as the legal description of property, the
word metes refers to - ✔✔the length of a property line
✔✔Which of the following would provide the least accurate description of a parcel of
land?
A. metes and bounds
B. Rectangular survey
C. Lot, block, and subdivision
D. Tax assessor's reference number - ✔✔D
✔✔Boundary markers of land, either natural or man-made, are _____ - ✔✔Monuments
✔✔An adequate metes and bounds description will have all of the following EXCEPT?
A. A definite point of beginning
B. Four sides
C. Closure
D. Linear measurements and compass directions - ✔✔B
✔✔Land located in a rural area of an eastern state would most likely be described by?
A. Government rectangular survey
B. Lot, block and subdivision
C. Metes and bounds
D. Reference to other documents - ✔✔C
✔✔One would normally use a survey to identify all of the following except:
A. legal location of the property
B. Violations of the zoning set-back ordinances
C. Encroachments of the property
D. Liens on the property - ✔✔D
