Puerto rico real estate salesPerson licensing exam
study guide 2026 WitH correct actual Questions and
correctly Well deFined ansWers latest already
graded a+
The fact that an individual must go to the land describes what physical characteristics of
land? - ansWer-Immobility
John and Mary are co-owners of a property. John has a 60% interest in the property and
Mary has 40%. What type of freehold estate do they have? - ansWer-Tenancy in
Common
A Property is surveyed to determine a legal description. The surveyor works from a point
of beginning, and measures terminal points and angles. What method of land description
is he using? - ansWer-Metes and Bounds
John leased space in a building and installed bookcases and ceiling fans in that space.
His lease will end soon. What will happen to the bookcases and fan? - ansWer-Because
they have been installed, the bookcases and fans are fixtures and have become part of
the property. He must leave them behind.
What is an example of involuntary, statutory, specific lien? - ansWer-Ad Valorem Tax
Lien
Buyer's agent has helped her buyers find a property. The sellers have installed a fountain
in the courtyard and the buyers have stressed tot heir agent that they want the fountain
to be included in the purchase. What should the buyers' agent do to ensure that her
clients get the fountain? - ansWer-The agent can include wording int he buyers' offer
that indicates the fountain is included in the sale.
All of the following are fixtures except?:
1. Shrubs
,2. Pool
3. Tree
4. Land - ansWer-Land
Mary and John are married with grown children. Both are intestate. If John dies and Mary
becomes the owner of the home, what type of ownership did they have? - ansWer-
Tenancy by the Entirety
A one-half acre parcel of land in Manhattan, NY is worth considerably more than a one-
half acre parcel in White Plains, NY. This is an example of: - ansWer-Scarcity
What is the difference between an easement and a lien? - ansWer-Easement is a right in
land and a lien is not
A seller shows his property with ceiling fans. After closing when the buyer enters the
house the ceiling fans have been removed and the wires are hanging down from the
ceiling. What best describes this situation? - ansWer-The seller cannot take the fans
because they are fixtures.
A married couple purchases property and takes title as Tenants by the Entirety. What is
not true about this? - ansWer-When the spouse dies their share will pass to their heirs
including but not limited to the surviving spouse.
The local government needs your land to build a new high school. They have the right to
take your land for the public good. What is this called? - ansWer-Eminent Domain
You have recently purchased property in an area regulated by zoning. It has come to
your attention that you have zoning violation on the property. What should you do? -
ansWer-Request a variance from the zoning board
One of the property owners in a subdivision is violating the deed restrictions. What can
the other property owners do to get him to comply? - ansWer-Seek an injunction from
the courts
, Your property boarders a non-navigable waterway and you have riparian rights. You have
built a 10-foot pier at the waters edge. How do you measure your property? - ansWer-To
the middle of the waterway
Mary, a single woman, ha snow children. She owns real property and dies intestate. What
happens to her real property? - ansWer-The court will appoint an administrator and it
will be distributed to her heirs by the Law of Descent.
What is the best example of a buffer zone? - ansWer-Garden apartments between single
family homes and retail shops.
All of the following apply to water rights except? - ansWer-Prior appropriation
Main difference between Zoning and Master Planning? - ansWer-Zoning laws are
implementation and Master Planning is a process.
A property owner has a gas station on his land. The zoning committee changes the
zoning to R-1. What must a property owner do? - ansWer-Nothing. The property is
automatically considered a con-conforming use.
A property owner receives a notice that his land is an improvement district. What does
this mean? - ansWer-He wil l receive an additional tax bill.
A property owner has installed a chain link fence on his property. He has received an
official notice requiring the removal of this type of fence. This fence is most likely a
violation of? - ansWer-Deed Restrictions or Deed Covenants
A single property is regulated by building codes, zoning, and deed restrictions. The rules
are in conflict with one another. Which must the property owner obey? - ansWer-
Whichever rules are the most strict or limiting.
M.A.I. refers to what professional group? - ansWer-Real Estate Appraisers
study guide 2026 WitH correct actual Questions and
correctly Well deFined ansWers latest already
graded a+
The fact that an individual must go to the land describes what physical characteristics of
land? - ansWer-Immobility
John and Mary are co-owners of a property. John has a 60% interest in the property and
Mary has 40%. What type of freehold estate do they have? - ansWer-Tenancy in
Common
A Property is surveyed to determine a legal description. The surveyor works from a point
of beginning, and measures terminal points and angles. What method of land description
is he using? - ansWer-Metes and Bounds
John leased space in a building and installed bookcases and ceiling fans in that space.
His lease will end soon. What will happen to the bookcases and fan? - ansWer-Because
they have been installed, the bookcases and fans are fixtures and have become part of
the property. He must leave them behind.
What is an example of involuntary, statutory, specific lien? - ansWer-Ad Valorem Tax
Lien
Buyer's agent has helped her buyers find a property. The sellers have installed a fountain
in the courtyard and the buyers have stressed tot heir agent that they want the fountain
to be included in the purchase. What should the buyers' agent do to ensure that her
clients get the fountain? - ansWer-The agent can include wording int he buyers' offer
that indicates the fountain is included in the sale.
All of the following are fixtures except?:
1. Shrubs
,2. Pool
3. Tree
4. Land - ansWer-Land
Mary and John are married with grown children. Both are intestate. If John dies and Mary
becomes the owner of the home, what type of ownership did they have? - ansWer-
Tenancy by the Entirety
A one-half acre parcel of land in Manhattan, NY is worth considerably more than a one-
half acre parcel in White Plains, NY. This is an example of: - ansWer-Scarcity
What is the difference between an easement and a lien? - ansWer-Easement is a right in
land and a lien is not
A seller shows his property with ceiling fans. After closing when the buyer enters the
house the ceiling fans have been removed and the wires are hanging down from the
ceiling. What best describes this situation? - ansWer-The seller cannot take the fans
because they are fixtures.
A married couple purchases property and takes title as Tenants by the Entirety. What is
not true about this? - ansWer-When the spouse dies their share will pass to their heirs
including but not limited to the surviving spouse.
The local government needs your land to build a new high school. They have the right to
take your land for the public good. What is this called? - ansWer-Eminent Domain
You have recently purchased property in an area regulated by zoning. It has come to
your attention that you have zoning violation on the property. What should you do? -
ansWer-Request a variance from the zoning board
One of the property owners in a subdivision is violating the deed restrictions. What can
the other property owners do to get him to comply? - ansWer-Seek an injunction from
the courts
, Your property boarders a non-navigable waterway and you have riparian rights. You have
built a 10-foot pier at the waters edge. How do you measure your property? - ansWer-To
the middle of the waterway
Mary, a single woman, ha snow children. She owns real property and dies intestate. What
happens to her real property? - ansWer-The court will appoint an administrator and it
will be distributed to her heirs by the Law of Descent.
What is the best example of a buffer zone? - ansWer-Garden apartments between single
family homes and retail shops.
All of the following apply to water rights except? - ansWer-Prior appropriation
Main difference between Zoning and Master Planning? - ansWer-Zoning laws are
implementation and Master Planning is a process.
A property owner has a gas station on his land. The zoning committee changes the
zoning to R-1. What must a property owner do? - ansWer-Nothing. The property is
automatically considered a con-conforming use.
A property owner receives a notice that his land is an improvement district. What does
this mean? - ansWer-He wil l receive an additional tax bill.
A property owner has installed a chain link fence on his property. He has received an
official notice requiring the removal of this type of fence. This fence is most likely a
violation of? - ansWer-Deed Restrictions or Deed Covenants
A single property is regulated by building codes, zoning, and deed restrictions. The rules
are in conflict with one another. Which must the property owner obey? - ansWer-
Whichever rules are the most strict or limiting.
M.A.I. refers to what professional group? - ansWer-Real Estate Appraisers
