Pearson Vue National Real Estate Exam |
Actual Questions and Answers Latest Updated
(Graded A+)
Correct
Incorrect
Pearson Vue National Real Estate
is signed by:
, the broker and both of the
all children of this marriage
spouses
2 of 79
Term
A net lease affords the lessee the:
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right to depreciate the building right to sell the property
deduction on interest paid on the
deduction for real estate taxes
mortgage
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, 3 of 79
Term
In order for a property manager to determine net operating income on
a property, which of the following fees is subtracted from the effective
gross income?
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debt service reserve for replacements
operating expenses advances to owners
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4 of 79
Term
A 40-foot easement exists across the front of a property, and a zoning
ordinance requires a building setback of 50 feet from the front
property line. If the property is offered for sale, a licensee SHOULD
take which of the following actions when notifying prospective buyers
about this situation?
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, refrain from informing them of the
refrain from informing them of the
easement, since a title insurance
easement, since the setback includes
policy will provide protection against
the easement
any possible problem
place stakes on the property to inform them of the existence of
identify both the easement and the both the easement and the
setback line setback line
Don't know?
5 of 79
Term
If a broker lists a property and agrees to net the seller $83,000 after
the broker's 6% commission is paid, the property must be sold for a
MINIMUM of:
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$78,020 $87,980
$93,259 $88,298
Don't know?
Actual Questions and Answers Latest Updated
(Graded A+)
Correct
Incorrect
Pearson Vue National Real Estate
is signed by:
, the broker and both of the
all children of this marriage
spouses
2 of 79
Term
A net lease affords the lessee the:
Give this one a try later!
right to depreciate the building right to sell the property
deduction on interest paid on the
deduction for real estate taxes
mortgage
Don't know?
, 3 of 79
Term
In order for a property manager to determine net operating income on
a property, which of the following fees is subtracted from the effective
gross income?
Give this one a try later!
debt service reserve for replacements
operating expenses advances to owners
Don't know?
4 of 79
Term
A 40-foot easement exists across the front of a property, and a zoning
ordinance requires a building setback of 50 feet from the front
property line. If the property is offered for sale, a licensee SHOULD
take which of the following actions when notifying prospective buyers
about this situation?
Give this one a try later!
, refrain from informing them of the
refrain from informing them of the
easement, since a title insurance
easement, since the setback includes
policy will provide protection against
the easement
any possible problem
place stakes on the property to inform them of the existence of
identify both the easement and the both the easement and the
setback line setback line
Don't know?
5 of 79
Term
If a broker lists a property and agrees to net the seller $83,000 after
the broker's 6% commission is paid, the property must be sold for a
MINIMUM of:
Give this one a try later!
$78,020 $87,980
$93,259 $88,298
Don't know?
