Principles Of Real Estate II UPDATED
SCRIPT 2026 PRACTICE SOLUTIONS
GRADED A+
● 2. Which of the following is necessary for a deed of conveyance to be
valid? Answer: b) The deed must be in writing
● 3. The primary distinction between the legal concepts of real estate
and real property is that Answer: a) real property includes ownership of
a bundle of rights.
● 4. An applicant for a salesperson license must Answer: c) have a finger
printing and background check prior to receiving a license.
● 5. TRELA makes provisions for Answer: c) a prerequisite of a
minimum of 15 classroom hours counted toward license renewal every
two years.
● 6. A(n) ______________ is a freehold estate that is limited to the
duration of the life of the owner. Answer: b) life estate
● 7. What distinguishes a lien from other types of encumbrance?
Answer: a) It involves a monetary claim against the value of a property.
, ● 8. What type of conventional life estate ends with the death of the life
estate owner? Answer: b) Ordinary life estate
● 9. When speaking of real estate market dynamics, the amount of
available properties that becomes occupied over a period of time is
called Answer: b) absorption.
● 10. What is the primary danger of allowing an encroachment? Answer:
c) Over time, the encroachment may become an easement by
prescription that damages the property's market value.
● 11. What statement is TRUE of payment that is made from the real
estate recovery fund on account of a licensee's acts? Answer: d) The
license is suspended immediately, but will be reissued upon
reimbursement of the fund, with interest.
● 12. A salesperson listed a home and then transferred his license to
another broker. Which of the following is true? Answer: d) The listing
will stay with the original broker.
● 13. A licensee is required to keep the Commission updated with
Answer: a) her current email address.
● 14. When an owner leases her property, she temporarily relinquishes
the right to Answer: c) occupy the property.
SCRIPT 2026 PRACTICE SOLUTIONS
GRADED A+
● 2. Which of the following is necessary for a deed of conveyance to be
valid? Answer: b) The deed must be in writing
● 3. The primary distinction between the legal concepts of real estate
and real property is that Answer: a) real property includes ownership of
a bundle of rights.
● 4. An applicant for a salesperson license must Answer: c) have a finger
printing and background check prior to receiving a license.
● 5. TRELA makes provisions for Answer: c) a prerequisite of a
minimum of 15 classroom hours counted toward license renewal every
two years.
● 6. A(n) ______________ is a freehold estate that is limited to the
duration of the life of the owner. Answer: b) life estate
● 7. What distinguishes a lien from other types of encumbrance?
Answer: a) It involves a monetary claim against the value of a property.
, ● 8. What type of conventional life estate ends with the death of the life
estate owner? Answer: b) Ordinary life estate
● 9. When speaking of real estate market dynamics, the amount of
available properties that becomes occupied over a period of time is
called Answer: b) absorption.
● 10. What is the primary danger of allowing an encroachment? Answer:
c) Over time, the encroachment may become an easement by
prescription that damages the property's market value.
● 11. What statement is TRUE of payment that is made from the real
estate recovery fund on account of a licensee's acts? Answer: d) The
license is suspended immediately, but will be reissued upon
reimbursement of the fund, with interest.
● 12. A salesperson listed a home and then transferred his license to
another broker. Which of the following is true? Answer: d) The listing
will stay with the original broker.
● 13. A licensee is required to keep the Commission updated with
Answer: a) her current email address.
● 14. When an owner leases her property, she temporarily relinquishes
the right to Answer: c) occupy the property.
