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SUPERIOR SCHOOL OF REAL ESTATE (NC REAL ESTATE PRELICENSING) EXAM QUESTIONS WELL ANSWERED LATEST UPDATE 2026

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SUPERIOR SCHOOL OF REAL ESTATE (NC REAL ESTATE PRELICENSING) EXAM QUESTIONS WELL ANSWERED LATEST UPDATE 2026 Bundle of Rights - Answers Right to possession of the property: the right of quiet enjoyment of the property; the right to exclude others; the right to dispose of the property by gift, by sale, or by will; and the right to control the use of the property and profits within the limits of the law Tenements - Answers All corporeal and incorporeal rights in land Corpreal Rights - Answers Tangible things Incorpreal Rights - Answers Intangible things Hereditament - Answers Everything in the term land and everything in the term tenements that is capable of being inherited Fruits of the soil - Answers Growing things that do not require planting or cultivation but that grow naturally and are perennial Fructose naturales - Answers Growing things that do not require planting or cultivation but that grow naturally and are perennial Fruits of Industry - Answers Growing things that require planting and cultivation Fructus Industriales - Answers Growing things that require planting and cultivation Appurtenance - Answers Any right or privilege that runs with the land Including subsurface, air, riparian rights, easements, and the benefits of restrictive covenants Mineral lease - Answers permits the use of land for mineral exploration and mining operations Air rights - Answers Ownership of it and the rights to the area above the surface of the earth Riparian Rights - Answers appurtenant rights of an owner of property bordering a FLOWING body of water Litoral rights - Answers Rights of landowners whose property borders and ocean or lake Foreshore - Answers Land between the high watermark and low watermark Lateral Support - Answers Right of land to be supported in its natural state by ages since land. Your neighbor cannot remove any dirt because of your right of support Subjacent support - Answers Right to have one's land supported from below Fixture - Answers Personal property that is attached to the land or a permanent improvement on the land Total circumstance test - Answers In the absence of contractual agreement by parties, a fixture can be defined using intention, relation of the attacher, method, and adoption Trade fixtures - Answers Personal property that are used in the course of a business operating in a lease property Agricultural fixtures - Answers Fixtures installed by a property owner for the purpose of agricultural use Uniform commercial code - Answers A security agreement put in place and filed on public record for an item installed in a commercial property that is being released. The attached item is not legally classified as a fixture or part of the real property until the security agreement has been satisfied by full payment Estate - Answers Interest in a property sufficient to give the owner the right of possession of the property Freehold estates - Answers An interest in land of at least a lifetime and therefore generally is identified with the concept of title or ownership Fee simple absolute - Answers Complete, inheritable ownership of the bundle of rights. Ownership in fee means that the grantee owns it forever. Fee simple determinable - Answers If not used for the purpose specified in the conveyance, title will automatically terminate and revert to the original grantor for the grantors heirs Fee Simple Subject to Condition Subsequent - Answers If the property is not used for the purpose specified in the convenience grantor may re-enter the property and take possession or go to court. Requires court action. Estates Pur Autre Vie - Answers Measured by the lifetime of a person other than the person receiving the title Marital life estates - Answers life estates created by operation of law Life Estate - Answers Nonheritable freehold estate created only for the life of the named life tenant Life tenant - Answers The one who holds a life estate. Defeasible fee - Answers Freehold estate in the form of a fee simple estate, the grantor can terminate the title under certain conditions Revisionary interest - Answers Conveyance of the life estate, it will revert to the grantor or to his heirs at the death of the life tenant Remainderman - Answers As a remainder or future interest in the property Dower - Answers The wife's right to a life estate in the property owned by a deceased spouse Alienation - Answers Transfer title to another person or pledge the title as security for debt curtsey - Answers The husbands right to a life estate in the property owned by a deceased spouse nonfreehold estate - Answers Confer a rental interest in real property for years, year to year, that will, at sufferance Severalty - Answers Title to real property is held in the name of the only one person or entity Coownership - Answers Simultaneous ownership of real property by two or more people Tenancy in Common - Answers Two or more persons holding title to a property at the same time with no right of survivorship Partitioned - Answers Each tenant has a specific portion of the property exclusively Joint Tenancy - Answers Must have the same interest in the land, must receive their title at the same time from the same source, and must have the same degree of undivided ownership and right to possession in the property Survivorship - Answers Surviving parties automatically take over the share of a deceased partner Tenancy by entirety - Answers Limited to a husband and wife. Must be a legal marriage at the time that the husband and wife received title to the property. Contains right of survivorship and requires the same time, title, interest, possession, and marriage to be official. Condominium - Answers Ownership of the airspace of the individual unit as well as coownership in the common areas. Tenant owns everything inside the walls floor and ceiling. No right to partition call ownership in the common areas North Carolina condominium act - Answers Requires public offering statement on the sale of a new condo, purchaser has a right to cancel within the first seven days of the contract, escrow deposit if canceled is refunded to the buyer Townhouse - Answers Provides for the ownership of the unit as well as the specific portion of land upon which the individual unit is located. Cooperative - Answers Ownership of shares of stock in a corporation that owns a building containing cooperative apartments Timesharing - Answers Any right to occupy a property for five or more separated time periods over a span of five or more years

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Institution
SUPERIOR SCHOOL OF REAL ESTATE
Course
SUPERIOR SCHOOL OF REAL ESTATE

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SUPERIOR SCHOOL OF REAL ESTATE (NC REAL ESTATE PRELICENSING) EXAM QUESTIONS WELL
ANSWERED LATEST UPDATE 2026

Bundle of Rights - Answers Right to possession of the property: the right of quiet enjoyment of the
property; the right to exclude others; the right to dispose of the property by gift, by sale, or by will;
and the right to control the use of the property and profits within the limits of the law
Tenements - Answers All corporeal and incorporeal rights in land
Corpreal Rights - Answers Tangible things
Incorpreal Rights - Answers Intangible things
Hereditament - Answers Everything in the term land and everything in the term tenements that is
capable of being inherited
Fruits of the soil - Answers Growing things that do not require planting or cultivation but that grow
naturally and are perennial
Fructose naturales - Answers Growing things that do not require planting or cultivation but that grow
naturally and are perennial
Fruits of Industry - Answers Growing things that require planting and cultivation
Fructus Industriales - Answers Growing things that require planting and cultivation
Appurtenance - Answers Any right or privilege that runs with the land Including subsurface, air,
riparian rights, easements, and the benefits of restrictive covenants
Mineral lease - Answers permits the use of land for mineral exploration and mining operations
Air rights - Answers Ownership of it and the rights to the area above the surface of the earth
Riparian Rights - Answers appurtenant rights of an owner of property bordering a FLOWING body of
water
Litoral rights - Answers Rights of landowners whose property borders and ocean or lake
Foreshore - Answers Land between the high watermark and low watermark
Lateral Support - Answers Right of land to be supported in its natural state by ages since land. Your
neighbor cannot remove any dirt because of your right of support
Subjacent support - Answers Right to have one's land supported from below
Fixture - Answers Personal property that is attached to the land or a permanent improvement on the
land
Total circumstance test - Answers In the absence of contractual agreement by parties, a fixture can be
defined using intention, relation of the attacher, method, and adoption
Trade fixtures - Answers Personal property that are used in the course of a business operating in a
lease property
Agricultural fixtures - Answers Fixtures installed by a property owner for the purpose of agricultural
use
Uniform commercial code - Answers A security agreement put in place and filed on public record for
an item installed in a commercial property that is being released. The attached item is not legally
classified as a fixture or part of the real property until the security agreement has been satisfied by
full payment
Estate - Answers Interest in a property sufficient to give the owner the right of possession of the
property
Freehold estates - Answers An interest in land of at least a lifetime and therefore generally is
identified with the concept of title or ownership
Fee simple absolute - Answers Complete, inheritable ownership of the bundle of rights. Ownership in
fee means that the grantee owns it forever.
Fee simple determinable - Answers If not used for the purpose specified in the conveyance, title will
automatically terminate and revert to the original grantor for the grantors heirs
Fee Simple Subject to Condition Subsequent - Answers If the property is not used for the purpose
specified in the convenience grantor may re-enter the property and take possession or go to court.
Requires court action.
Estates Pur Autre Vie - Answers Measured by the lifetime of a person other than the person receiving
the title
Marital life estates - Answers life estates created by operation of law
Life Estate - Answers Nonheritable freehold estate created only for the life of the named life tenant
Life tenant - Answers The one who holds a life estate.

, Defeasible fee - Answers Freehold estate in the form of a fee simple estate, the grantor can terminate
the title under certain conditions
Revisionary interest - Answers Conveyance of the life estate, it will revert to the grantor or to his heirs
at the death of the life tenant
Remainderman - Answers As a remainder or future interest in the property
Dower - Answers The wife's right to a life estate in the property owned by a deceased spouse
Alienation - Answers Transfer title to another person or pledge the title as security for debt
curtsey - Answers The husbands right to a life estate in the property owned by a deceased spouse
nonfreehold estate - Answers Confer a rental interest in real property for years, year to year, that will,
at sufferance
Severalty - Answers Title to real property is held in the name of the only one person or entity
Coownership - Answers Simultaneous ownership of real property by two or more people
Tenancy in Common - Answers Two or more persons holding title to a property at the same time with
no right of survivorship
Partitioned - Answers Each tenant has a specific portion of the property exclusively
Joint Tenancy - Answers Must have the same interest in the land, must receive their title at the same
time from the same source, and must have the same degree of undivided ownership and right to
possession in the property
Survivorship - Answers Surviving parties automatically take over the share of a deceased partner
Tenancy by entirety - Answers Limited to a husband and wife. Must be a legal marriage at the time
that the husband and wife received title to the property. Contains right of survivorship and requires
the same time, title, interest, possession, and marriage to be official.
Condominium - Answers Ownership of the airspace of the individual unit as well as coownership in
the common areas. Tenant owns everything inside the walls floor and ceiling. No right to partition call
ownership in the common areas
North Carolina condominium act - Answers Requires public offering statement on the sale of a new
condo, purchaser has a right to cancel within the first seven days of the contract, escrow deposit if
canceled is refunded to the buyer
Townhouse - Answers Provides for the ownership of the unit as well as the specific portion of land
upon which the individual unit is located.
Cooperative - Answers Ownership of shares of stock in a corporation that owns a building containing
cooperative apartments
Timesharing - Answers Any right to occupy a property for five or more separated time periods over a
span of five or more years
Encumbrance - Answers Anything that diminishes the bundle of rights of real property
Lien - Answers A claim or a charge against the property that can result from a contractual agreement
or from the operation of law
Levy - Answers Tax against the property for payment of a share of the cost of improvements made to
areas of joining the property
Mechanics liens - Answers Lien filed by anyone who provides labor or material to a property or
property improvement. Can file any time up to 120 days after the last day labor and materials were
furnished to the property. Has up to 180 days after last labor to take a court action to enforce the
lien.
Judgment lien - Answers General general lien against all real and personal property the judgment
debtor owns
Lis Pendens - Answers Notice of pending litigation. Can be conveyed to the new owner during sale,
which puts them at risk of owing.
Easement - Answers Non-possessory right or interest in land owned by another
Appurtenant Easement - Answers Easement that has been added to another portion of land and
becomes a part of it. Dominant tenement is the parcel requiring the easement and servient tenement
is the land the easement is going through. Runs with the land.
Easement in Gross - Answers Not dependent upon ownership of an adjoining property. Do not have a
dominant tenement, only a servient tenement.
Party wall - Answers Used by two adjoining neighbors to support the sidewall of each unit
Easement by prescription - Answers Using another land for a prescribed period of time
condemnation - Answers Power of the government, using eminent domain, to take private land for
the benefit of the general public

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SUPERIOR SCHOOL OF REAL ESTATE

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