Pearson VUE practice test 2025
Questions and Answers
1A buyer purchases a furnished condominimum apartment as an investment. The
document that evidences the buyer's ownership of the furniture is a
a. Special warranty deed
b. Homeowner's insurance policy
c. Bill of sale
d. Buyers inventory - --ANSWER--c. Bill of sale
Using the cost approach, an f calculates the current new replacement cost of a 15
year old structure. The next factor the appraiser will consider n completing this
approach is:
a. Land value
b. Capitalization rate
c. Net operating income
d. Accrued depreciation - --ANSWER--d. Accrued depreciation
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,A buyer purchases a home for $55,000 and gets a commitment from a lender for
an 80% loan. The lender has advised the buyer that 3 discount points will be
charged. If additional closing costs are $2,000, how much total cash MUST the
buyer have at closing?
a. 1300
b. 13200
c. 14320
d. 15650 - --ANSWER--c. 14320
Any referral of a settlement service provider for compensation is
a. Only allowed on federally funded transaction
b. Allowed when fully disclosed
c. Always prohibited
d. Only prohibited on federally funded transaction - --ANSWER--c. Always
prohibited
A licensee is commingling trust funds by depositing:
a. Earnest monies received from a clients properties in the agency's business
account
b. Earnest monies and rents received from a client's various properties in the same
escrow/trust account
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,c. Rents received from the licensee's own properties in a personal account
d. Tenants security depositites received from various clients properties in the same
escrow/trust account. - --ANSWER--a. Earnest monies received from a clients
properties in the agency's business account
A lease calls for a commercial tenant to pay a guaranteed rental of $1,775 per
month plus 6.5% of the gross income in excess of $325,000 per year. If the yearly
gross income is $785,000, what is the annual rent?
a. 51025
b. 51200
c. 52800
d. 72325 - --ANSWER--b. 51200
The lease of a restaurant terminates and the tenant wishes to move to another
location. Which of the following items can the tenant remove from the restaurant
as trade fixtures?
a. Sprinkler system
b. Radiators
c. Built-in dishwasher
d. Recessed ceiling lighting - --ANSWER--c. Built-in dishwasher
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
, A buyer's interest in real property, acquired at the moment the seller and the buyer
enter into a sales contract, is known as:
a. Legal title
b. Equitable title
c. Fee simple determinable
d. An option to purchase - --ANSWER--b. Equitable title
K owns and operates a small restaurant in an area recently annexed by a nearby
city. As part of the annexation, the area was zoned for single-family residence, but
K is allowed to continue operating the restaurant under the city's amended zoning
ordinance. The allowance for K's continued operation is known as:
a. Variance
b. Spot zoning
c. Conditional use
d. Nonconforming use - --ANSWER--d. Nonconforming use
An unintentional or negligent misrepresentation would BEST be described as:
a. Tortious action
b. Puffing
c. Constructive fraud
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 4
Questions and Answers
1A buyer purchases a furnished condominimum apartment as an investment. The
document that evidences the buyer's ownership of the furniture is a
a. Special warranty deed
b. Homeowner's insurance policy
c. Bill of sale
d. Buyers inventory - --ANSWER--c. Bill of sale
Using the cost approach, an f calculates the current new replacement cost of a 15
year old structure. The next factor the appraiser will consider n completing this
approach is:
a. Land value
b. Capitalization rate
c. Net operating income
d. Accrued depreciation - --ANSWER--d. Accrued depreciation
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,A buyer purchases a home for $55,000 and gets a commitment from a lender for
an 80% loan. The lender has advised the buyer that 3 discount points will be
charged. If additional closing costs are $2,000, how much total cash MUST the
buyer have at closing?
a. 1300
b. 13200
c. 14320
d. 15650 - --ANSWER--c. 14320
Any referral of a settlement service provider for compensation is
a. Only allowed on federally funded transaction
b. Allowed when fully disclosed
c. Always prohibited
d. Only prohibited on federally funded transaction - --ANSWER--c. Always
prohibited
A licensee is commingling trust funds by depositing:
a. Earnest monies received from a clients properties in the agency's business
account
b. Earnest monies and rents received from a client's various properties in the same
escrow/trust account
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
,c. Rents received from the licensee's own properties in a personal account
d. Tenants security depositites received from various clients properties in the same
escrow/trust account. - --ANSWER--a. Earnest monies received from a clients
properties in the agency's business account
A lease calls for a commercial tenant to pay a guaranteed rental of $1,775 per
month plus 6.5% of the gross income in excess of $325,000 per year. If the yearly
gross income is $785,000, what is the annual rent?
a. 51025
b. 51200
c. 52800
d. 72325 - --ANSWER--b. 51200
The lease of a restaurant terminates and the tenant wishes to move to another
location. Which of the following items can the tenant remove from the restaurant
as trade fixtures?
a. Sprinkler system
b. Radiators
c. Built-in dishwasher
d. Recessed ceiling lighting - --ANSWER--c. Built-in dishwasher
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
, A buyer's interest in real property, acquired at the moment the seller and the buyer
enter into a sales contract, is known as:
a. Legal title
b. Equitable title
c. Fee simple determinable
d. An option to purchase - --ANSWER--b. Equitable title
K owns and operates a small restaurant in an area recently annexed by a nearby
city. As part of the annexation, the area was zoned for single-family residence, but
K is allowed to continue operating the restaurant under the city's amended zoning
ordinance. The allowance for K's continued operation is known as:
a. Variance
b. Spot zoning
c. Conditional use
d. Nonconforming use - --ANSWER--d. Nonconforming use
An unintentional or negligent misrepresentation would BEST be described as:
a. Tortious action
b. Puffing
c. Constructive fraud
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 4
