COLIBRI REAL ESTATE PRINCIPLES COMPREHENSIVE EXAM SCRIPT COMPLETE
QUESTIONS VERIFIED SOLUTIONS
Colibri REAL Estate Principles Certification
Evaluation 2026/2027 Complete Questions and
Answers Verified Solutions Latest Update
Question:
Climate, views, access to natural recreation, good schools and job opportunities are some factors
that contribute to the desirability of land in particular locations. These factors best describe:
Answer:
situs
Question:
All of the following types of ownership can be defeated or terminated if the owner violates
conditions or terms in the deed, EXCEPT:
Answer:
terminal fee
Question:
The easement created by the continued use of land without the permission of the owner is:
Answer:
an easement by prescription
Question:
which of the following is true about tenancy in common?
Answer:
ownership passes to heirs at probate
, Question:
Texas is a community property state. What is true about community property?
Answer:
Property inherited by one spouse can remain the separate property of that spouse
Question:
When a contract is cancelled and a new contract replaces it, this is called:
Answer:
novation
Question:
Agency agreements such as listings and buyer representation agreements:
Answer:
Are employment contracts, Should be in writing, Establish the principal-client relationship
Question:
All of these are factors which can affect insurance premiums, EXCEPT:
Answer:
policyholder's age
Question:
redlining is:
Answer:
The refusal to lend money in a particular area because of location
Question:
QUESTIONS VERIFIED SOLUTIONS
Colibri REAL Estate Principles Certification
Evaluation 2026/2027 Complete Questions and
Answers Verified Solutions Latest Update
Question:
Climate, views, access to natural recreation, good schools and job opportunities are some factors
that contribute to the desirability of land in particular locations. These factors best describe:
Answer:
situs
Question:
All of the following types of ownership can be defeated or terminated if the owner violates
conditions or terms in the deed, EXCEPT:
Answer:
terminal fee
Question:
The easement created by the continued use of land without the permission of the owner is:
Answer:
an easement by prescription
Question:
which of the following is true about tenancy in common?
Answer:
ownership passes to heirs at probate
, Question:
Texas is a community property state. What is true about community property?
Answer:
Property inherited by one spouse can remain the separate property of that spouse
Question:
When a contract is cancelled and a new contract replaces it, this is called:
Answer:
novation
Question:
Agency agreements such as listings and buyer representation agreements:
Answer:
Are employment contracts, Should be in writing, Establish the principal-client relationship
Question:
All of these are factors which can affect insurance premiums, EXCEPT:
Answer:
policyholder's age
Question:
redlining is:
Answer:
The refusal to lend money in a particular area because of location
Question:
