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REAL ESTATE FUNDAMENTALS EXAM LATEST 2026 ACTUAL EXAM
WITH COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
The county sheriff's department was just handed a document that
allows it to seize and sell the property of a debtor. This document
would be which of the following? - ANSWER-Writ of Execution
What is the environmental hazard that was used extensively as a
building material and is commonly found as pipe insulation,
roofing material, or flooring? - ANSWER-Asbestos
In 1978, which two environmental hazards were eliminated from
residential construction? - ANSWER-Lead; Asbestos
Which environmental hazard has no scientifically proven health
effects? - ANSWER-Electromagnetic Field
Which environmental hazard occurs due to the release or
disposal of toxic wastes into our soils? - ANSWER-Ground water
contamination
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Which document is prepared in order to help the public
understand the potential effects of a proposed residential
development? - ANSWER-Environmental Impact Statement
Lead contamination comes from two major sources in a
residential home. They are: - ANSWER-Drinking water; Paint
This is the federal law that requires specific statements and forms
to be given to a consumer in order to advise them of the hazards
and their rights when dealing with Lead Based Paint. - ANSWER-
Lead Based Paint Hazard Reduction Act
A tasteless, colorless, odorless gas that occurs from the natural
decay of minerals in the earth, is refer to as what? - ANSWER-
Radon
An environmental hazard can occur when this begins to
deteriorate and leak toxic substances into the soil and ground
water: - ANSWER-Underground Storage Tanks
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What is a colorless gas that is emitted from building materials
including resins and adhesives referred to as? - ANSWER-Urea
Formaldehyde
What is a tasteless, colorless, odorless gas that is created from
the burning of fossil fuels called? - ANSWER-Carbon Monoxide
What are landfills are sometimes referred to as? - ANSWER-
Waste Disposal Sites
What are the three different categories that mold can classified
into? - ANSWER-Pathogens, Toxins, Allergens
This environmental hazard is commonly found when moisture in
the home is above acceptable levels: - ANSWER-Mold
When going through a home, Bob, a real estate agent, tells his
clients to look at the mold in the basement at the bottom of the
foundation. It is clearly visible despite there being no report of the
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hazard. Bob can legally inform his clients of the presence of mold
in the home. - ANSWER-False
This is the federal agency in charge of environmental hazards;
whereas, this is the state agency that is in charge of
environmental hazards: - ANSWER-EPA;DEP
What must be given to a prospective buyer prior to signing the
agreement of sale with regards to purchasing a property: -
ANSWER-Seller's Property Disclosure Statement
A problem with a property that would have a significant adverse
impact on value or involves an unreasonable risk to people on the
land is referred to as what? - ANSWER-Material Defect
A defect that is known by the seller but is not discovered by any
inspection, is referred to as what? - ANSWER-Latent Defect
REAL ESTATE FUNDAMENTALS EXAM LATEST 2026 ACTUAL EXAM
WITH COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
The county sheriff's department was just handed a document that
allows it to seize and sell the property of a debtor. This document
would be which of the following? - ANSWER-Writ of Execution
What is the environmental hazard that was used extensively as a
building material and is commonly found as pipe insulation,
roofing material, or flooring? - ANSWER-Asbestos
In 1978, which two environmental hazards were eliminated from
residential construction? - ANSWER-Lead; Asbestos
Which environmental hazard has no scientifically proven health
effects? - ANSWER-Electromagnetic Field
Which environmental hazard occurs due to the release or
disposal of toxic wastes into our soils? - ANSWER-Ground water
contamination
,2|Page
Which document is prepared in order to help the public
understand the potential effects of a proposed residential
development? - ANSWER-Environmental Impact Statement
Lead contamination comes from two major sources in a
residential home. They are: - ANSWER-Drinking water; Paint
This is the federal law that requires specific statements and forms
to be given to a consumer in order to advise them of the hazards
and their rights when dealing with Lead Based Paint. - ANSWER-
Lead Based Paint Hazard Reduction Act
A tasteless, colorless, odorless gas that occurs from the natural
decay of minerals in the earth, is refer to as what? - ANSWER-
Radon
An environmental hazard can occur when this begins to
deteriorate and leak toxic substances into the soil and ground
water: - ANSWER-Underground Storage Tanks
,3|Page
What is a colorless gas that is emitted from building materials
including resins and adhesives referred to as? - ANSWER-Urea
Formaldehyde
What is a tasteless, colorless, odorless gas that is created from
the burning of fossil fuels called? - ANSWER-Carbon Monoxide
What are landfills are sometimes referred to as? - ANSWER-
Waste Disposal Sites
What are the three different categories that mold can classified
into? - ANSWER-Pathogens, Toxins, Allergens
This environmental hazard is commonly found when moisture in
the home is above acceptable levels: - ANSWER-Mold
When going through a home, Bob, a real estate agent, tells his
clients to look at the mold in the basement at the bottom of the
foundation. It is clearly visible despite there being no report of the
, 4|Page
hazard. Bob can legally inform his clients of the presence of mold
in the home. - ANSWER-False
This is the federal agency in charge of environmental hazards;
whereas, this is the state agency that is in charge of
environmental hazards: - ANSWER-EPA;DEP
What must be given to a prospective buyer prior to signing the
agreement of sale with regards to purchasing a property: -
ANSWER-Seller's Property Disclosure Statement
A problem with a property that would have a significant adverse
impact on value or involves an unreasonable risk to people on the
land is referred to as what? - ANSWER-Material Defect
A defect that is known by the seller but is not discovered by any
inspection, is referred to as what? - ANSWER-Latent Defect
