Real Estate Law Practice Questions & Verified Answers
2026–2027 Complete Study Guide & Exam Prep
Real Property - correct answers -Interests, benefits, and rights associated with real estate ownership
Counter Offer - correct answers -A new offer made as a reply to an offer recieved. It has the effect of
rejecting the original offer, which cannot be accepted thereafter unless revived by the offeror.
Improvement - correct answers -Any valuable addition made to real property that goes beyond mere
repair or replacements.
Tenancy in Common - correct answers -A form of joint ownership of property by 2 or more persons with
undevided shares; ownership passes by devise or decent instead of by survivorship.
Small Claims Court - correct answers -a court in which a civil action for a small a amount, typically up to
$3,000, can be filed
Tenant's Fixture - correct answers -Fixture to remain personal property of a tenant upon lease
termination.
Recorder of Deeds - correct answers -the county office in which matters relating to the real estate
located within that county are filed.
Limited Warrenty - correct answers -Favors the grantor.
Transfer on Death Affidavit - correct answers -Beneficiary only owns if the grantor hasn't sold the
property before the grantor dies.
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, Civil Court - correct answers -disagreement or dispute between two people that doesn't violate the law
Criminal Court - correct answers -When someone breaks or violates the law
Easement by Perscription - correct answers -when someone has made use of anothers land and that
person knows or should have known, but the use happens for 10-21 years then that person gets the
land.
Sued by State - correct answers -28 days to answer or you've lost the case.
Estate by Survivorship Deed - correct answers -No longer exists unless it was created before 1974.
Novation - correct answers -the substitution of a new contract in place of the original
Ohio Revised Code - correct answers -Series of books that constitude our system of law.
Fee Simple Absolute - correct answers -Ownership of land by a person, subject only to private and
public controls. Least restricted and most desirable form of ownership.
Fixture - correct answers -Once personal property, but has become part of the real property according
to the fixture tests, that is attachment, adaptation to use, and intent of landowner.
Statutory Survivorship Tenancy - correct answers -A way under state statute for two or more persons to
hold title to real estate with one another; upon the death of any one of the tenants, the decedent's
interest passes to the survivor.
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2026–2027 Complete Study Guide & Exam Prep
Real Property - correct answers -Interests, benefits, and rights associated with real estate ownership
Counter Offer - correct answers -A new offer made as a reply to an offer recieved. It has the effect of
rejecting the original offer, which cannot be accepted thereafter unless revived by the offeror.
Improvement - correct answers -Any valuable addition made to real property that goes beyond mere
repair or replacements.
Tenancy in Common - correct answers -A form of joint ownership of property by 2 or more persons with
undevided shares; ownership passes by devise or decent instead of by survivorship.
Small Claims Court - correct answers -a court in which a civil action for a small a amount, typically up to
$3,000, can be filed
Tenant's Fixture - correct answers -Fixture to remain personal property of a tenant upon lease
termination.
Recorder of Deeds - correct answers -the county office in which matters relating to the real estate
located within that county are filed.
Limited Warrenty - correct answers -Favors the grantor.
Transfer on Death Affidavit - correct answers -Beneficiary only owns if the grantor hasn't sold the
property before the grantor dies.
1
, Civil Court - correct answers -disagreement or dispute between two people that doesn't violate the law
Criminal Court - correct answers -When someone breaks or violates the law
Easement by Perscription - correct answers -when someone has made use of anothers land and that
person knows or should have known, but the use happens for 10-21 years then that person gets the
land.
Sued by State - correct answers -28 days to answer or you've lost the case.
Estate by Survivorship Deed - correct answers -No longer exists unless it was created before 1974.
Novation - correct answers -the substitution of a new contract in place of the original
Ohio Revised Code - correct answers -Series of books that constitude our system of law.
Fee Simple Absolute - correct answers -Ownership of land by a person, subject only to private and
public controls. Least restricted and most desirable form of ownership.
Fixture - correct answers -Once personal property, but has become part of the real property according
to the fixture tests, that is attachment, adaptation to use, and intent of landowner.
Statutory Survivorship Tenancy - correct answers -A way under state statute for two or more persons to
hold title to real estate with one another; upon the death of any one of the tenants, the decedent's
interest passes to the survivor.
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