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REAL ESTATE EXAM QUESTIONS AND 100% CORRECT ANSWERS|LATEST 2025/2026|GRADED A+

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REAL ESTATE EXAM QUESTIONS AND 100% CORRECT ANSWERS|LATEST 2025/2026|GRADED A+

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REAL ESTATE EXAM QUESTIONS AND 100%
CORRECT ANSWERS|LATEST 2025/2026|GRADED
A+
6D Certificate - ANSWER refers to MGL 183A which verifies owner's payment status of
fees and assessments. Condo



Accession - ANSWER additions to property due to alluvion (soil deposited by alluvion)



ACCRETION - ANSWER Addition of Real Estate gradually by deposit of soil through
natural causes.



AEOLIN SOIL - ANSWER sand dunes that form at the shoreline



AIR RIGHTS - ANSWER ownership or lease of airspace above real estate.



ALLODIAL SYSTEM - ANSWER A system of land ownership in which land is held free of
any rent or service to the government. opposite of the Feudal System.



ANNEXATION - ANSWER personal property that becomes permanently attached.



APPURTENANCE - ANSWER a right that accompanies a property. ie a right of way
through a neighbor's property.



AVULSION - ANSWER a sudden loss of land that occurs from a sudden act of nature,
such as wind or water.



CHATTEL - ANSWER personal property




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Wicky

,CONDO SUPER LIEN BILL - ANSWER gives Condo assoc. the authority to impose a
"priority" lien (taking precedence over the mortgage on a condo unit) on owners who fail to
make required common area payments. Signed into Mass law 1982.



CONDO DOCS - ANSWER A Master Deed and by-laws, rules and regulations that
govern the Condo association.



CONVERSION - ANSWER when a property is changed to a different use or type of
ownership. ie from apartments to condos.



COOPERARTIVE - ANSWER a corporation that acquires a building for the purpose of
providing housing. When purchasing you receive stock certificates and proprietary lease.



CORPOREAL PROPERTY - ANSWER tangible property: garages, buildings, trees. Physical
in nature.



CURTESY RIGHTS - ANSWER upon the death of a wife who owned property in her
name only, the surviving husband is entitled to one third life interest in the deceased
spouse's property.



DATUM - ANSWER a reference or measuring point such as a line, surface, or point
used to measure land elevation.



DOWER RIGHTS - ANSWER the rights of a wife to share in the real estate of her
husband if he dies and owned the property in his name. She is entitled to 1/3.



EMBLEMENTS - ANSWER annual or semi-annual plantings such as corn. considered
personal property



FEE SIMPLE - ANSWER Highest form of ownership. There are no limitations.
Indefeasible Estate

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Wicky

, FIXTURE - ANSWER an item that is permanently to real estate. Lights, built in
bookcase, sink.



FREEHOLD ESTATE - ANSWER An estate in land in which ownership is for an
indeterminate length of time, in contrast to a leasehold estate.



INCORPOREAL PROPERTY - ANSWER Intangible property. Property that does not have
physical being. Easements, a right of way, trademarks, copyrights.



JOINT TENANCY - ANSWER Ownership by two or more persons with the right of
survivorship. Typically used by related persons.



LIFE ESTATE - ANSWER an Estate or interest that someone has during their lifetime or
the lifetime of another. Non-inheritable and lowest form of freehold estates.



LITTORAL RIGHTS - ANSWER The right of a property owner whose land borders on a
body of water, such as a lake, ocean or sea, to reasonable use and enjoyment of the shore
and water the property borders on.



MASTER DEED - ANSWER Document that creates a condominium and defines
individual units and common areas. recorded at the Registry of Deeds. Units are conveyed in
fee simple.



PARTITION - ANSWER A court action designed to separate ownership interest by
persons who have property as joint tenants.



PARTNERSHIP - ANSWER An agreement by two or more persons. All parties are
responsible for taxes and liabilities.



PERSONALTY - ANSWER Personal property or chattels.

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Wicky

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