AYPO REAL ESTATE PRINCIPLES OF REAL
ESTATE I EXAM 2025 WITH ACTUAL
CORRECT QUESTIONS AND VERIFIED
DETAILED ANSWERS |FREQUENTLY TESTED
QUESTIONS AND SOLUTIONS |ALREADY
GRADED A+|NEWEST|LATEST
UPDATE|GUARANTEED PASS
An __________ is an easement that is established without the permission of a landowner or the
existence of a situation that requires an easement.
easement by prescription
Mortgages are a common type of __________ lien.
consensual
What are rights concerning properties that are directly next to an ocean, gulf, bay, delta, or
lake?
Littoral.
Public beach policy for the state of Texas includes a declaration that:
The public shall have the free and unrestricted right of ingress and egress to and from the state-
owned beaches bordering on the seaward shore of the Gulf of Mexico.
How long does a Chapter 13 debtor have to reinvest the proceeds of his or her home sale in a
new homestead or lose their homestead tax exempt status, and therefore return the proceeds
to the bankruptcy estate?
6 months
Joint tenancy is ended when which of the following unities is ended?
Unity of time.
=]1 | P a g e
, Which type of common property ownership is for the exclusive use of a property for a specified
number of days each year?
Resort timesharing
A testamentary trust is created through what?
A will.
What is the difference between a class C corporation and a class S corporation?
Class C do not have pass-through taxation
The following information is generally included in a listing agreement?
1. That the seller has the legal capacity to sell the property
2. The legal description of the property
3. The agency agreement between the broker and the seller
The lead-based paint disclosure requirements only apply to houses built before:
1978
ESAC stands for:
Education Standards Advisory Committee
What refers to a location from an economic rather than a geographic standpoint?
Situs.
Which amendment guarantees that a citizen will not be deprived of property without due
process of law?
5th Amendment.
The CFPB is the:
Consumer Financial Protection Bureau
A professional organization or association is usually a not-for-profit organization that seeks to:
further a particular profession and the interests of individuals engaged in that profession.
A contraction or generally slowing down of the economy is a:
Recession.
What is the primary purpose for real estate licensing laws?
=]2 | P a g e
ESTATE I EXAM 2025 WITH ACTUAL
CORRECT QUESTIONS AND VERIFIED
DETAILED ANSWERS |FREQUENTLY TESTED
QUESTIONS AND SOLUTIONS |ALREADY
GRADED A+|NEWEST|LATEST
UPDATE|GUARANTEED PASS
An __________ is an easement that is established without the permission of a landowner or the
existence of a situation that requires an easement.
easement by prescription
Mortgages are a common type of __________ lien.
consensual
What are rights concerning properties that are directly next to an ocean, gulf, bay, delta, or
lake?
Littoral.
Public beach policy for the state of Texas includes a declaration that:
The public shall have the free and unrestricted right of ingress and egress to and from the state-
owned beaches bordering on the seaward shore of the Gulf of Mexico.
How long does a Chapter 13 debtor have to reinvest the proceeds of his or her home sale in a
new homestead or lose their homestead tax exempt status, and therefore return the proceeds
to the bankruptcy estate?
6 months
Joint tenancy is ended when which of the following unities is ended?
Unity of time.
=]1 | P a g e
, Which type of common property ownership is for the exclusive use of a property for a specified
number of days each year?
Resort timesharing
A testamentary trust is created through what?
A will.
What is the difference between a class C corporation and a class S corporation?
Class C do not have pass-through taxation
The following information is generally included in a listing agreement?
1. That the seller has the legal capacity to sell the property
2. The legal description of the property
3. The agency agreement between the broker and the seller
The lead-based paint disclosure requirements only apply to houses built before:
1978
ESAC stands for:
Education Standards Advisory Committee
What refers to a location from an economic rather than a geographic standpoint?
Situs.
Which amendment guarantees that a citizen will not be deprived of property without due
process of law?
5th Amendment.
The CFPB is the:
Consumer Financial Protection Bureau
A professional organization or association is usually a not-for-profit organization that seeks to:
further a particular profession and the interests of individuals engaged in that profession.
A contraction or generally slowing down of the economy is a:
Recession.
What is the primary purpose for real estate licensing laws?
=]2 | P a g e
