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NATIONAL REAL ESTATE EXAM PRACTICE QUESTIONS WITH CORRECT /ACCURATE ANSWERS| 100% RATED CORRECT !! | 100% SURE PASS

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NATIONAL REAL ESTATE EXAM PRACTICE QUESTIONS WITH CORRECT /ACCURATE ANSWERS| 100% RATED CORRECT !! | 100% SURE PASS

Institution
NATIONAL REAL ESTATE
Course
NATIONAL REAL ESTATE

Content preview

1




NATIONAL REAL ESTATE EXAM PRACTICE
QUESTIONS WITH CORRECT /ACCURATE
ANSWERS| 100% RATED CORRECT !! 2025-2026|
100% SURE PASS

A property owner has decided to do some landscaping
work on his yard. He has planted a tree surrounded by
some flowering shrubs. The tree and shrubs are an
example of... -
-Solution -improvements

A property owner has a waterfront lot on a stream. He
has the right to use the water from the stream. What is
this right called? -
-Solution -riparian

A tenant is aware that his lease will expire at the end of
the month. He has begun to disassemble his display
cabinets and shelves. Which of the following statements
about this is true -
-Solution -the tenant can take these as they are trade
fixtures

A seller is attending the closing on his property. The title
company has discovered an unsatisfied M&M lien on
the property. Which of the following is the most likely
reason for the lien? -
-Solution -plumbing work that was completed but
never paid for

,2



A listing agent went to inspect a seller's property hoping
to list it for sale. The seller told the listing agent that his
neighbor's satellite dish trespasses on his property. This
is an example of... -
-Solution -encroachment

A father gives his son a life estate on a property. The son
leases the property. The tenant dies. What happens to
the property? -
-Solution -it goes back to the son until he dies

A man leaves his second wife a life estate in their home
after which the property goes to his children from his
first marriage. The children... -
-Solution -are remaindermen

Which of the following statements about an easement is
true? -
-Solution -an easement is a benefit to the dominant
property owner

P, Q and R are joint tenants. P wants to sell the property,
but Q and R do not. What can P do? -
-Solution -file a suit for partition

A, B and C are joint tenants. C dies. B sells his share to D.
What type of ownership do A and D have? -
-Solution -tenants in common

Under what right can the government change property
use from commercial to residential only? -

,3



-Solution -police power

Ownership of the common areas of condominiums is
most likely to be: -
-Solution -tenancy in common

What should a buyer do to ensure that his is getting the
best title to real property? -
-Solution -get a general warranty deed

Which covenant in a deed guarantees that the owners
will not suffer or be disturbed by any claims on the
property? -
-Solution -the covenant of quiet enjoyment

Excess money at a foreclosure sale goes to... -
-Solution -the borrower

After defaulting on a real estate loan, a borrower is able
to pay off the loan prior to the foreclosure sale. This is
called: -
-Solution -right of redemption

The required distance between buildings and a federally
protected endangered species wetlands is an example
of... -
-Solution -a buffer zone

A couple purchased a condominium. The complex has an
exercise room for all residents. The couple does not use
the exercise room and does not want to pay the

, 4



monthly fee for the use of the facility. What can they do
to avoid this fee? -
-Solution -they must pay the fee as they have a tenancy
in common interest in all common areas

Which of the following is personal property? -
-Solution -a lease

A landlord leased space in his new retail property to an
inexperienced business person. Based on location and
the type of business, the landlord believes it will be a
great success. What type of lease can he enter into with
the tenant that will allow the landlord to benefit from
the tenant's success? -
-Solution -a percentage lease

A buyer has purchased a property and after closing the
seller will continue to occupy the property. This is an
example of... -
-Solution -sale and leaseback

Your client will be able to qualify for a property they
wish to purchase in about 6 months, after they had an
opportunity to reduce their consumer debt. They have
found a property that they would like to purchase now.
What type of agreement can they enter into with a
seller that will allow them to occupy the property now
and purchase it within the 6 months? -
-Solution -lease with an option to buy

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Institution
NATIONAL REAL ESTATE
Course
NATIONAL REAL ESTATE

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Uploaded on
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Number of pages
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Written in
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