Real Estate Law (Final Exam) | 2025-2026 LATEST UPDATED| 78 ACTUAL
EXAM COMPLETE QUESTIONS AND ANSWERS | 100% RATED
CORRECT | 100% VERFIED | ALREADY GRADED A+
Who is generally responsible for ensuring that the Closing Disclosure is delivered
to the buyer no later than three business days before consummation? -
(answer)creditor
What type of lien is one placed against any and all real and personal property
owned by a particular debtor? - (answer)general lien
In a foreclosure suit, what gives public notice that a mortgaged property may soon
have a judgment issued against it? - (answer)Lis pendens
What type of variance permits an applicant to vary one or more of the dimensional
or physical requirements of the applicable zoning law, code or ordinance in
connection with some proposed construction? - (answer)An area variance
,Joe has a lease that specifies rent and other requirements, but it does not have an
expiration date or renewal cycle. What kind of leasehold estate is it? - (answer)At
Will
What type of listing is a non-exclusive contract, authorizing a broker to serve as
the agent for either the sale or the purchase of property? - (answer)Open Listing
What Act mandates that persons with disabilities have equal access to jobs, public
accommodations, government services, public transportation and
telecommunications? - (answer)Americans with Disabilities Act
Which provision in a CAR Residential Listing Agreement states that the property
is offered in compliance with federal, state, and local anti-discrimination laws? -
(answer)Equal Housing Opportunity
What accurately locates and identifies boundaries of a subject parcel to a degree
acceptable by courts of law in the state where the property is located? -
(answer)legal description
, What type of contract consists of obligations arising from a mutual agreement and
intent to promise where the agreement and promise have not been expressed in
words? - (answer)an implied contract
Abigail has an inheritance tax lien placed on all of her property. What kind of a
lien is it? - (answer)Voluntary General
The rectangular survey system divides a township into thirty six squares called -
(answer)sections
What provides legal, public, and constructive knowledge to everyone about the
ownership of a property? - (answer)contract
The discovery step of civil cases is where - (answer)each party gathers information
from each other and third parties.
EXAM COMPLETE QUESTIONS AND ANSWERS | 100% RATED
CORRECT | 100% VERFIED | ALREADY GRADED A+
Who is generally responsible for ensuring that the Closing Disclosure is delivered
to the buyer no later than three business days before consummation? -
(answer)creditor
What type of lien is one placed against any and all real and personal property
owned by a particular debtor? - (answer)general lien
In a foreclosure suit, what gives public notice that a mortgaged property may soon
have a judgment issued against it? - (answer)Lis pendens
What type of variance permits an applicant to vary one or more of the dimensional
or physical requirements of the applicable zoning law, code or ordinance in
connection with some proposed construction? - (answer)An area variance
,Joe has a lease that specifies rent and other requirements, but it does not have an
expiration date or renewal cycle. What kind of leasehold estate is it? - (answer)At
Will
What type of listing is a non-exclusive contract, authorizing a broker to serve as
the agent for either the sale or the purchase of property? - (answer)Open Listing
What Act mandates that persons with disabilities have equal access to jobs, public
accommodations, government services, public transportation and
telecommunications? - (answer)Americans with Disabilities Act
Which provision in a CAR Residential Listing Agreement states that the property
is offered in compliance with federal, state, and local anti-discrimination laws? -
(answer)Equal Housing Opportunity
What accurately locates and identifies boundaries of a subject parcel to a degree
acceptable by courts of law in the state where the property is located? -
(answer)legal description
, What type of contract consists of obligations arising from a mutual agreement and
intent to promise where the agreement and promise have not been expressed in
words? - (answer)an implied contract
Abigail has an inheritance tax lien placed on all of her property. What kind of a
lien is it? - (answer)Voluntary General
The rectangular survey system divides a township into thirty six squares called -
(answer)sections
What provides legal, public, and constructive knowledge to everyone about the
ownership of a property? - (answer)contract
The discovery step of civil cases is where - (answer)each party gathers information
from each other and third parties.
