SALESPERSON TEST PAPER 2025/2026 QUESTIONS AND
SOLUTIONS GRADED A+ TIP
✔✔11. Where a title search reveals that there is a broken chain of title it can best be
cured by:
(A) quitclaim deed.
(B) general warranty deed.
(C) partition.
(D) welding. - ✔✔(A) quitclaim deed.
✔✔12. When the lessor sells his leased property:
(A) the lease is binding on the seller.
(B) the lease is binding on the buyer.
(C) the lease is voidable by the buyer.
(D) the lease is voidable by the seller. - ✔✔(B) the lease is binding on the buyer.
✔✔13. The phrase "principals only" excludes:
(A) disinterested buyers.
(B) real estate brokers.
(C) prospective buyers.
(D) financially weak buyers. - ✔✔(B) real estate brokers.
✔✔14. A mechanic's lien may not be levied by:
(A) an architect.
(B) a real estate broker.
(C) a subcontractor.
(D) a plumber. - ✔✔(B) a real estate broker.
✔✔15. The covenant in a deed in which the grantor guarantees he has title is:
(A) the habendum.
(B) seizen.
(C) the conveyance
(D) quiet enjoyment. - ✔✔(B) seizen.
✔✔16. A judgment becomes effective when:
(A) the debt is incurred.
(B) the suit is delivered.
(C) the verdict is rendered.
(D) it is recorded - ✔✔(D) it is recorded
✔✔17. Which of the following is a private agency that buys and sells in the secondary
mortgage market?
(A) FNMA.
(B) GNMA.
,(C) FHLMC.
(D) HUD. - ✔✔(A) FNMA.
✔✔18. If title is indefeasible it can't be:
(A) recorded.
(B) conveyed.
(C) voided.
(D) alienated. - ✔✔(C) voided.
✔✔19. When a broker signs a contract to manage an owner's property, he becomes:
(A) a lessor.
(B) a trustee.
(C) a receiver.
(D) a fiduciary. - ✔✔(D) a fiduciary.
✔✔20. A blanket mortgage:
(A) covers several parcels of land.
(B) must be settled in full when one parcel is sold.
(C) cannot be assigned.
(D) must be on contiguous lots. - ✔✔(A) covers several parcels of land.
✔✔21. The holder of a life estate can do all of the following EXCEPT:
(A) pay the taxes.
(B) commit waste.
(C) lease.
(D) mortgage. - ✔✔(B) commit waste.
✔✔22. Recording acts passed by the various states:
(A) require that all documents pertaining to real estate transfers be recorded in the
public records.
(B) provide for the recording of any instrument by which an estate in land is created.
(C) provide for constructive notice.
(D) provide for recording offices in municipalities. - ✔✔(C) provide for constructive
notice.
✔✔23. In estimating the value of real estate, you should consider all except:
(A) market data information.
(B) deterioration of the property.
(C) income of the property.
(D) income of the buyer. - ✔✔(D) income of the buyer.
✔✔24. If you possessed a fee simple estate, the property could be:
(A) sold.
(B) subdivided.
, (C) mortgaged.
(D) All of the above. - ✔✔(D) All of the above.
✔✔25. The recovery of the cost of improvements to a property over a set period of time
is called:
(A) amortization.
(B) capitalization.
(C) recapture
(D) reformation. - ✔✔(C) recapture
✔✔26. An abstract of title is best described as:
(A) a brief history of the title to a particular property.
(B) a summary of each deed in a title search.
(C) an appraisal of the lands and the improvements.
(D) a summary of all the improvements and encroachments on the property. - ✔✔(A) a
brief history of the title to a particular property.
✔✔27. The right of a water company to lay and maintain mains along the rear of a lot is
called:
(A) an appurtenance.
(B) a right of encroachment.
(C) easement in gross.
(D) riparian right. - ✔✔(C) easement in gross
✔✔28. Which is correct for restrictive covenants?
(A) They may not be at variance with zoning ordinances.
(B) They restrict the use of the property.
(C) They are imposed by government.
(D) They are not encumbrances. - ✔✔(B) They restrict the use of the property.
✔✔29. In a residential lease, the security deposit:
(A) can't be more than the first month's rent.
(B) belongs to the lessor for the duration of the lease.
(C) must be deposited in an insured depository.
(D) must be returned to the lessee if the property is sold. - ✔✔(C) must be deposited in
an insured depository.
✔✔30. When a husband and wife purchase a property Jointly, and it is their intention
that upon the death of either one the share of the deceased would pass to their heirs,
they would elect:
(A) a tenancy by the entirety.
(B) a joint tenancy.
(C) tenancy in common
(D) tenancy by will. - ✔✔(C) tenancy in common
SOLUTIONS GRADED A+ TIP
✔✔11. Where a title search reveals that there is a broken chain of title it can best be
cured by:
(A) quitclaim deed.
(B) general warranty deed.
(C) partition.
(D) welding. - ✔✔(A) quitclaim deed.
✔✔12. When the lessor sells his leased property:
(A) the lease is binding on the seller.
(B) the lease is binding on the buyer.
(C) the lease is voidable by the buyer.
(D) the lease is voidable by the seller. - ✔✔(B) the lease is binding on the buyer.
✔✔13. The phrase "principals only" excludes:
(A) disinterested buyers.
(B) real estate brokers.
(C) prospective buyers.
(D) financially weak buyers. - ✔✔(B) real estate brokers.
✔✔14. A mechanic's lien may not be levied by:
(A) an architect.
(B) a real estate broker.
(C) a subcontractor.
(D) a plumber. - ✔✔(B) a real estate broker.
✔✔15. The covenant in a deed in which the grantor guarantees he has title is:
(A) the habendum.
(B) seizen.
(C) the conveyance
(D) quiet enjoyment. - ✔✔(B) seizen.
✔✔16. A judgment becomes effective when:
(A) the debt is incurred.
(B) the suit is delivered.
(C) the verdict is rendered.
(D) it is recorded - ✔✔(D) it is recorded
✔✔17. Which of the following is a private agency that buys and sells in the secondary
mortgage market?
(A) FNMA.
(B) GNMA.
,(C) FHLMC.
(D) HUD. - ✔✔(A) FNMA.
✔✔18. If title is indefeasible it can't be:
(A) recorded.
(B) conveyed.
(C) voided.
(D) alienated. - ✔✔(C) voided.
✔✔19. When a broker signs a contract to manage an owner's property, he becomes:
(A) a lessor.
(B) a trustee.
(C) a receiver.
(D) a fiduciary. - ✔✔(D) a fiduciary.
✔✔20. A blanket mortgage:
(A) covers several parcels of land.
(B) must be settled in full when one parcel is sold.
(C) cannot be assigned.
(D) must be on contiguous lots. - ✔✔(A) covers several parcels of land.
✔✔21. The holder of a life estate can do all of the following EXCEPT:
(A) pay the taxes.
(B) commit waste.
(C) lease.
(D) mortgage. - ✔✔(B) commit waste.
✔✔22. Recording acts passed by the various states:
(A) require that all documents pertaining to real estate transfers be recorded in the
public records.
(B) provide for the recording of any instrument by which an estate in land is created.
(C) provide for constructive notice.
(D) provide for recording offices in municipalities. - ✔✔(C) provide for constructive
notice.
✔✔23. In estimating the value of real estate, you should consider all except:
(A) market data information.
(B) deterioration of the property.
(C) income of the property.
(D) income of the buyer. - ✔✔(D) income of the buyer.
✔✔24. If you possessed a fee simple estate, the property could be:
(A) sold.
(B) subdivided.
, (C) mortgaged.
(D) All of the above. - ✔✔(D) All of the above.
✔✔25. The recovery of the cost of improvements to a property over a set period of time
is called:
(A) amortization.
(B) capitalization.
(C) recapture
(D) reformation. - ✔✔(C) recapture
✔✔26. An abstract of title is best described as:
(A) a brief history of the title to a particular property.
(B) a summary of each deed in a title search.
(C) an appraisal of the lands and the improvements.
(D) a summary of all the improvements and encroachments on the property. - ✔✔(A) a
brief history of the title to a particular property.
✔✔27. The right of a water company to lay and maintain mains along the rear of a lot is
called:
(A) an appurtenance.
(B) a right of encroachment.
(C) easement in gross.
(D) riparian right. - ✔✔(C) easement in gross
✔✔28. Which is correct for restrictive covenants?
(A) They may not be at variance with zoning ordinances.
(B) They restrict the use of the property.
(C) They are imposed by government.
(D) They are not encumbrances. - ✔✔(B) They restrict the use of the property.
✔✔29. In a residential lease, the security deposit:
(A) can't be more than the first month's rent.
(B) belongs to the lessor for the duration of the lease.
(C) must be deposited in an insured depository.
(D) must be returned to the lessee if the property is sold. - ✔✔(C) must be deposited in
an insured depository.
✔✔30. When a husband and wife purchase a property Jointly, and it is their intention
that upon the death of either one the share of the deceased would pass to their heirs,
they would elect:
(A) a tenancy by the entirety.
(B) a joint tenancy.
(C) tenancy in common
(D) tenancy by will. - ✔✔(C) tenancy in common
