ACTUAL EXAM 140 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
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140 real and up-to-date exam-based questions.
Verified correct answers with detailed explanations.
Comprehensive coverage of real estate legal principles, contracts,
property rights, and compliance.
Updated for the 2025–2026 testing standards.
Verified accuracy and graded A+ for quality and reliability.
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Real estate professionals preparing for the Real Estate Law Exam.
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The tests for determining if an item is a fixture includes all of the following EXCEPT: adaptation to use.
the method of attachment. how much the item cost.
intent of the person attaching the item. - answer-how much the item cost
Land that is used in the manufacturing of goods is an example of
residential property. agricultural property. commercial
property.
industrial property. - answer-industrial property
Single family homes, duplexes, apartment buildings are all examples of
commercial property. industrial property. agricultural property.
,residential property. - answer-residential property
Land used to raise crops and animals is referred to as
residential property. commercial property. industrial
property.
agricultural property. - answer-agricultural property
A fixture is another name for something that is permanently attached to real property.
True
False - answer-True
Land that is used for the purpose of business such as offices, stores and the like is referred to as
residential property. agricultural property. commercial property.
industrial property. - answer-commercial property
In order for a mobile home to become real property,
A.) the wheels must be removed, a concrete foundation must be built and it must be fastened to
the foundation.
B.) the wheels must be removed, the mobile home must be fastened to a foundation and the
Certificate of Title for the Mobile Home must be surrendered to the auditor of the county in which the
mobile home is located.
C.)the wheels must be removed.
D.)the wheels must be removed and a concrete foundation must be built. - answer-B
Grasslands, vacant lots and forests are examples of improved
land.
commercial property. industrial
property.
unimproved land. - answer-unimproved land
, The current possessory right held by one who has a life estate interest in real property - answer-a
freehold estate
A life estate measured by the life of another; typically created when a life estate interest is sold. -
answer-life estate pur autre vie
The process by which a transaction is consummated, documents are signed, and money changes hands,
sometimes called settlement. - answer-closing
A possessory estate that places some restrictions on the use of the property, such as property that is
given to a city, but on the condition that is only used for a park. If the city tries to use the property for
some other purpose, the grantor (or the grantor's heirs) can act to regain ownership and possession of
the property. - answer-qualified fee estate
The most complete ownership of property; one in which the owner holds all of the available rights to the
property. - answer-fee simple absolute
A rule from a case in the 16th century that treated creating a life estate in A, with the remainder in X.s
heirs as a transfer of fee simple absolute to A. This situation originally dealt with a scheme to avoid taxes
on the transfer. Ohio abolished the Rule in Shelley's Case in 1953-thus, a life estate in A with the
remainder in X.s heirs will not now be treated as a transfer of fee simple absolute. - answer-rule in
shelley's case
A right that gives the interest holder the right (or potential right) to possess the property in the future. -
answer-future interest
A concept from the feoffment ceremony that is roughly equivalent to "delivery of possession." The new
owner thereby is able to "seize" or hold the property. - answer-livery of seisin
In a life estate, the person whose life will determine the duration of the right to possess the property. -
answer-measuring life
The current possessory right held by one who has a life estate interest in real property. - answer-life
interest