NATIONAL - REAL ESTATE EXAM PRACTICE QUESTIONS AND 100% CORRECT ANSWERS|LATEST 2025/2026|GUARANTEED A+

NATIONAL - REAL ESTATE EXAM PRACTICE
QUESTIONS AND 100% CORRECT
ANSWERS|LATEST 2025/2026|GUARANTEED A+

Which of the following is a lien on real estate?
B B B B B B B B B




a. recorded easement
B B




b. recorded mortgage
B B




c. encroachment
B




d. dead restriction - ANSWER
B B B B b. recorded mortgage
B B




Which approach to value would MOST likely be useful to real estate brokers estimating the val
B B B B B B B B B B B B B B B



ue of a single-family residence for sale in a subdivision?
B B B B B B B B B




a. cost approach
B B




b. income approach
B B




c. market comparison approach
B B B




d. gross rent multiplier - ANSWER
B B B B B c. market comparison approach
B B B




A license is an example of?
B B B B B




a. easement
B




b. encumbrance
B




c. condemnation
B




d. police power - ANSWER
B B B B b. encumbrance
B




If the holder of an easement owns adjacent land and his physical use of the land is benefited b
B B B B B B B B B B B B B B B B B B



y the easement, he is said to have:
B B B B B B B




1
Wicky

,a. easement in gross
B B B




b. prescriptive easement
B B




c. easement appurtenant
B B




d. license - ANSWER
B B B c. easement appurtenant
B B




A sales contract was signed by a minor. Which term describes this contract?
B B B B B B B B B B B B




a. voidable
B




b. breached
B




c. discharged
B




d. void - ANSWER
B B B a. voidable
B




A real estate broker hired by an owner to sell a parcel of real property must comply with?
B B B B B B B B B B B B B B B B B




a. any and all instructions of the owner
B B B B B B B




b. any and all instructions of the buyer
B B B B B B B




c. concept of caveat emptor
B B B B




d. law of agency - ANSWER
B B B B B d. law of agency
B B B




Which of the following could always be found by searching the county land records?
B B B B B B B B B B B B B




a. encroachments
B




b. rights of parties in possession
B B B B B




c. inaccurate surveys
B B




d. mechanics' liens - ANSWER
B B B B d. mechanics' liens
B B




An ordinary life estate?
B B B




2
Wicky

, a. cannot be sold
B B B




b. greatest estate in real property
B B B B B




c. inheritable estate
B B




d. cannot be "wasted" - ANSWER
B B B B B d. cannot be "wasted"
B B B




A real estate professional receives a check for earnest money from a buyer and deposits the m
B B B B B B B B B B B B B B B B



oney in the real estate professional's interest-
B B B B B B



bearing checking account over the weekend. This action exposes the real estate professional t
B B B B B B B B B B B B B



o a charge of:
B B B




a. commingling
B




b. novation
B




c. subrogation
B




d. accretion - ANSWER
B B B a. commingling
B




An owner of land that borders a non-navigable stream:
B B B B B B B B




a. owns the land up to the mean high water mark
B B B B B B B B B B




b. owns the entire stream and the land under it
B B B B B B B B B




c. owns the land under the water to the exact center line of the waterway
B B B B B B B B B B B B B B




d. does not own the stream since it is a public waterway -
B B B B B B B B B B B B



B ANSWER c. owns the land under the water to the exact center line of the waterway
B B B B B B B B B B B B B B




in order to measure elevation, you need a?
B B B B B B B




a. recorded plat
B B




b. correction line
B B




c. datum
B




d. range line - ANSWER
B B B B c. datumB




3
Wicky