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Exam (elaborations)

PSI Real Estate Exam Questions and Answers 100% PASS

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PSI Real Estate Exam Questions and Answers 100% PASS

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Institution
Texas Real estate
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Texas Real estate

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Uploaded on
January 5, 2026
Number of pages
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Written in
2025/2026
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Exam (elaborations)
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Questions & answers

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  • psi real estate exam questions and answers 100 pa

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PSI Real Estate Exam Questions
and Answers 100% PASS

Bilateral - CORRECT ANSWER-What is a type of contract in which two parties

are legally bound to act?

Functional Obsolence - CORRECT ANSWER-What is one kind of real property

depreciation caused by poor design?

Grantee - CORRECT ANSWER-What is the name of the party who aquires the

title to real property in a deed?

Biennial - CORRECT ANSWER-What is one word that indicates how often a PA

salesperson's license is required to be renewed?

Testate - CORRECT ANSWER-What is the condition called when a person dies

with a will

Liz Pendens - CORRECT ANSWER-What is the recorded legal notice that shows

existing court action against real property?

Capitalization - CORRECT ANSWER-What is the process of estimating the value

of real property by using the rate of return and the annual net income?
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