Real Estate License Practice Exam // Barney Fletcher Real
Estate Final Practice Test 2025-2026 with 630 Recently Tested
Questions and Correct Answers
abstract of title The condensed history of a title to a
particular parcel of real estate, consisting of a summary of the
original grant and all subsequent conveyances and
encumbrances affecting the property and a certification by
the abstractor that the history is complete.
acceleration clause The clause in a mortgage or deed of trust
that can be enforced to make the entire debt due immediately
if the borrower defaults on an installment payment or other
covenant.
accession Acquiring title to additions or improvements to real
property as a result of the annexation of fixtures or the
accretion of alluvial deposits along the banks of streams.
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,accretion The increase or addition of land by the deposit of
sand or soil washed up naturally from a river, lake, or sea.
accrued items On a closing statement, items of expense
incurred but not yet payable, such as interest on a mortgage
loan or taxes on real property.
acknowledgment A formal declaration made before a duly
authorized officer usually a notary public, by a person who
has signed a document.
actual eviction The legal process that results in the tenant's
being physically removed fom the leased premises.
actual notice Express information or fact; that which is
known; direct knowledge.
adjustable–rate mortgage (ARM) A loan characterized by a
fluctuating interest rate, usually one tied to a bank or savings
and loan association cost of funds index.
ad valorem Latin phrase meaning "to the value."
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, ad valorem tax A tax levied according to value, generally
used to refer to real estate tax. Also called the general tax.
adverse possession The actual open, notorious, hostile, and
continuous possession of another's land under a claim of title.
Possession for a statutory perios may be a mean of acquireing
title.
affidavit of title A written statement, made under oath by
a seller or grantor of real property and acknowledged by a
notary public, in which the grantor (1) identifies himself or
herself and indicates marital status; (2) certifies that since the
examination of the tile on the date of the contracts no defects
have occurred in the title; and (3) certifies that he or she is in
possession of the property (if applicable).
agency The relationship between a principal and an agent,
ususally a property owner and a real estate broker.
agency coupled with an interest An agency relationship in
which the agent is given an estate or an interest in the subject
of the agency (the property.)
agent One who acts or has the power to act for another. A
fiduciary relationship is created under the law of agency when
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Estate Final Practice Test 2025-2026 with 630 Recently Tested
Questions and Correct Answers
abstract of title The condensed history of a title to a
particular parcel of real estate, consisting of a summary of the
original grant and all subsequent conveyances and
encumbrances affecting the property and a certification by
the abstractor that the history is complete.
acceleration clause The clause in a mortgage or deed of trust
that can be enforced to make the entire debt due immediately
if the borrower defaults on an installment payment or other
covenant.
accession Acquiring title to additions or improvements to real
property as a result of the annexation of fixtures or the
accretion of alluvial deposits along the banks of streams.
1|Page
,accretion The increase or addition of land by the deposit of
sand or soil washed up naturally from a river, lake, or sea.
accrued items On a closing statement, items of expense
incurred but not yet payable, such as interest on a mortgage
loan or taxes on real property.
acknowledgment A formal declaration made before a duly
authorized officer usually a notary public, by a person who
has signed a document.
actual eviction The legal process that results in the tenant's
being physically removed fom the leased premises.
actual notice Express information or fact; that which is
known; direct knowledge.
adjustable–rate mortgage (ARM) A loan characterized by a
fluctuating interest rate, usually one tied to a bank or savings
and loan association cost of funds index.
ad valorem Latin phrase meaning "to the value."
2|Page
, ad valorem tax A tax levied according to value, generally
used to refer to real estate tax. Also called the general tax.
adverse possession The actual open, notorious, hostile, and
continuous possession of another's land under a claim of title.
Possession for a statutory perios may be a mean of acquireing
title.
affidavit of title A written statement, made under oath by
a seller or grantor of real property and acknowledged by a
notary public, in which the grantor (1) identifies himself or
herself and indicates marital status; (2) certifies that since the
examination of the tile on the date of the contracts no defects
have occurred in the title; and (3) certifies that he or she is in
possession of the property (if applicable).
agency The relationship between a principal and an agent,
ususally a property owner and a real estate broker.
agency coupled with an interest An agency relationship in
which the agent is given an estate or an interest in the subject
of the agency (the property.)
agent One who acts or has the power to act for another. A
fiduciary relationship is created under the law of agency when
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