REAL ESTATE LAW EXAMINATION QUESTIONS AND
CORRECT ANSWER WITH EXPLANATIONS GRADED A+
STUDY GUIDE SOUTHERN NEW HAMPSHIRE UNIVERSITY
1.
What is real estate law?
A. Law on criminal offences
B. Law governing land and property transactions
C. Family law
D. Maritime law
Correct Answer: B. Law governing land and property transactions
Rationale: It regulates ownership, use, and transfer of land.
2.
What is real property?
A. Movable goods
B. Land and anything permanently attached to it
C. Money
D. Contracts only
Correct Answer: B. Land and anything permanently attached to it
Rationale: Real property includes land and fixtures.
3.
What is personal property?
A. Land
B. Movable property
C. Buildings only
D. Government property
,Correct Answer: B. Movable property
Rationale: Personal property can be moved.
4.
What is land ownership?
A. Renting land
B. Legal right to possess and use land
C. Borrowing land
D. Criminal possession
Correct Answer: B. Legal right to possess and use land
Rationale: Ownership gives control rights.
5.
What is a deed?
A. Oral agreement
B. Legal document transferring property
C. Criminal charge
D. Court judgment
Correct Answer: B. Legal document transferring property
Rationale: A deed proves ownership transfer.
6.
What is a title in real estate?
A. Loan agreement
B. Legal ownership of property
C. Rental agreement
D. Mortgage payment
Correct Answer: B. Legal ownership of property
Rationale: Title shows ownership rights.
, 7.
What is a mortgage?
A. Gift
B. Loan secured by property
C. Lease agreement
D. Tax payment
Correct Answer: B. Loan secured by property
Rationale: Property is collateral for loan.
8.
What is foreclosure?
A. Property gift
B. Legal process of reclaiming property due to default
C. Rental process
D. Sale negotiation
Correct Answer: B. Legal process of reclaiming property due to default
Rationale: Happens when borrower fails to pay.
9.
What is lease agreement?
A. Sale of land
B. Contract for renting property
C. Criminal case
D. Divorce agreement
Correct Answer: B. Contract for renting property
Rationale: Lease gives temporary use rights.
10.
What is a landlord?
CORRECT ANSWER WITH EXPLANATIONS GRADED A+
STUDY GUIDE SOUTHERN NEW HAMPSHIRE UNIVERSITY
1.
What is real estate law?
A. Law on criminal offences
B. Law governing land and property transactions
C. Family law
D. Maritime law
Correct Answer: B. Law governing land and property transactions
Rationale: It regulates ownership, use, and transfer of land.
2.
What is real property?
A. Movable goods
B. Land and anything permanently attached to it
C. Money
D. Contracts only
Correct Answer: B. Land and anything permanently attached to it
Rationale: Real property includes land and fixtures.
3.
What is personal property?
A. Land
B. Movable property
C. Buildings only
D. Government property
,Correct Answer: B. Movable property
Rationale: Personal property can be moved.
4.
What is land ownership?
A. Renting land
B. Legal right to possess and use land
C. Borrowing land
D. Criminal possession
Correct Answer: B. Legal right to possess and use land
Rationale: Ownership gives control rights.
5.
What is a deed?
A. Oral agreement
B. Legal document transferring property
C. Criminal charge
D. Court judgment
Correct Answer: B. Legal document transferring property
Rationale: A deed proves ownership transfer.
6.
What is a title in real estate?
A. Loan agreement
B. Legal ownership of property
C. Rental agreement
D. Mortgage payment
Correct Answer: B. Legal ownership of property
Rationale: Title shows ownership rights.
, 7.
What is a mortgage?
A. Gift
B. Loan secured by property
C. Lease agreement
D. Tax payment
Correct Answer: B. Loan secured by property
Rationale: Property is collateral for loan.
8.
What is foreclosure?
A. Property gift
B. Legal process of reclaiming property due to default
C. Rental process
D. Sale negotiation
Correct Answer: B. Legal process of reclaiming property due to default
Rationale: Happens when borrower fails to pay.
9.
What is lease agreement?
A. Sale of land
B. Contract for renting property
C. Criminal case
D. Divorce agreement
Correct Answer: B. Contract for renting property
Rationale: Lease gives temporary use rights.
10.
What is a landlord?
