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NATIONAL REAL ESTATE EXAM PRACTICE LATEST 2026/2027 ACTUAL EXAM QUESTIONS WITH CORRECT ANSWERS 100% VERIFIED GRADED A+

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NATIONAL REAL ESTATE EXAM PRACTICE LATEST 2026/2027 ACTUAL EXAM QUESTIONS WITH CORRECT ANSWERS 100% VERIFIED GRADED A+

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NATIONAL REAL ESTATE EXAM
PRACTICE LATEST 2026/2027
ACTUAL EXAM QUESTIONS WITH
CORRECT ANSWERS 100% VERIFIED
GRADED A+
1.
Ampropertymownermhasmdecidedmtomdomsomemlandscapingmworkmonmhismyard.mHemhasmplan
tedmamtreemsurroundedmbymsomemfloweringmshrubs.mThemtreemandmshrubsmaremanmexampl
emof...m-mCORRECTmANSWERmimprovements



2. Ampropertymownermhasmamwaterfrontmlotmonmamstream.mHemhasmthemrightmtomusemthemwate
rmfrommthemstream.mWhatmismthismrightmcalled?m-mCORRECTmANSWERmriparian



3. Amtenantmismawaremthatmhismleasemwillmexpirematmthemendmofmthemmonth.mHemhasmbegunmto
mdisassemblemhismdisplaymcabinetsmandmshelves.mWhichmofmthemfollowingmstatementsmabo


utmthismismtruem-
mCORRECTmANSWERmthemtenantmcanmtakemthesemasmtheymaremtrademfixtures




4. Amsellermismattendingmthemclosingmonmhismproperty.mThemtitlemcompanymhasmdiscoveredmanm
unsatisfiedmM&Mmlienmonmthemproperty.mWhichmofmthemfollowingmismthemmostmlikelymreaso
nmformthemlien?m-
mCORRECTmANSWERmplumbingmworkmthatmwasmcompletedmbutmnevermpaidmfor




5. Amlistingmagentmwentmtominspectmamseller'smpropertymhopingmtomlistmitmformsale.mThemsellerm
toldmthemlistingmagentmthatmhismneighbor'smsatellitemdishmtrespassesmonmhismproperty.mThis
mismanmexamplemof...m-mCORRECTmANSWERmencroachment




6. Amfathermgivesmhismsonmamlifemestatemonmamproperty.mThemsonmleasesmthemproperty.mThemte
nantmdies.mWhatmhappensmtomthemproperty?m-
mCORRECTmANSWERmitmgoesmbackmtomthemsonmuntilmhemdies

,7. Ammanmleavesmhismsecondmwifemamlifemestateminmtheirmhomemaftermwhichmthempropertymgoe
smtomhismchildrenmfrommhismfirstmmarriage.mThemchildren...m-
mCORRECTmANSWERmaremremaindermen




8. Whichmofmthemfollowingmstatementsmaboutmanmeasementmismtrue?m-
mCORRECTmANSWERmanmeasementmismambenefitmtomthemdominantmpropertymowner




9. P,mQmandmRmaremjointmtenants.mPmwantsmtomsellmthemproperty,mbutmQmandmRmdomnot.mWhatm
canmPmdo?m-mCORRECTmANSWERmfilemamsuitmformpartition



10. A,mBmandmCmaremjointmtenants.mCmdies.mBmsellsmhismsharemtomD.mWhatmtypemofmownershipmd
omAmandmDmhave?m-mCORRECTmANSWERmtenantsminmcommon



11. Undermwhatmrightmcanmthemgovernmentmchangempropertymusemfrommcommercialmtomresid
entialmonly?m-mCORRECTmANSWERmpolicempower



12. Ownershipmofmthemcommonmareasmofmcondominiumsmismmostmlikelymtombe:m-
mCORRECTmANSWERmtenancyminmcommon




13. Whatmshouldmambuyermdomtomensuremthatmhismismgettingmthembestmtitlemtomrealmproperty?m-
mCORRECTmANSWERmgetmamgeneralmwarrantymdeed




14. Whichmcovenantminmamdeedmguaranteesmthatmthemownersmwillmnotmsuffermormbemdisturbed
mbymanymclaimsmonmthemproperty?m-


mCORRECTmANSWERmthemcovenantmofmquietmenjoyment




15. Excessmmoneymatmamforeclosuremsalemgoesmto...m-mCORRECTmANSWERmthemborrower

, 16. Aftermdefaultingmonmamrealmestatemloan,mamborrowermismablemtompaymoffmthemloanmpriormtom
themforeclosuremsale.mThismismcalled:m-mCORRECTmANSWERmrightmofmredemption



17. Themrequiredmdistancembetweenmbuildingsmandmamfederallymprotectedmendangeredmspecie
smwetlandsmismanmexamplemof...m-mCORRECTmANSWERmambuffermzone



18. Amcouplempurchasedmamcondominium.mThemcomplexmhasmanmexercisemroommformallmreside
nts.mThemcouplemdoesmnotmusemthemexercisemroommandmdoesmnotmwantmtompaymthemmonth
lymfeemformthemusemofmthemfacility.mWhatmcanmtheymdomtomavoidmthismfee?m-
mCORRECTmANSWERmtheymmustmpaymthemfeemasmtheymhavemamtenancyminmcommonminteres


tminmallmcommonmareas



19. Whichmofmthemfollowingmismpersonalmproperty?m-mCORRECTmANSWERmamlease



20. Amlandlordmleasedmspaceminmhismnewmretailmpropertymtomanminexperiencedmbusinessmperso
n.mBasedmonmlocationmandmthemtypemofmbusiness,mthemlandlordmbelievesmitmwillmbemamgreat
msuccess.mWhatmtypemofmleasemcanmhementermintomwithmthemtenantmthatmwillmallowmthemlan


dlordmtombenefitmfrommthemtenant'smsuccess?m-mCORRECTmANSWERmampercentagemlease



21. Ambuyermhasmpurchasedmampropertymandmaftermclosingmthemsellermwillmcontinuemtomoccupy
mthemproperty.mThismismanmexamplemof...m-mCORRECTmANSWERmsalemandmleaseback




22. Yourmclientmwillmbemablemtomqualifymformampropertymtheymwishmtompurchaseminmaboutm6mmo
nths,maftermtheymhadmanmopportunitymtomreducemtheirmconsumermdebt.mTheymhavemfoundm
ampropertymthatmtheymwouldmlikemtompurchasemnow.mWhatmtypemofmagreementmcanmtheyme
ntermintomwithmamsellermthatmwillmallowmthemmtomoccupymthempropertymnowmandmpurchase
mitmwithinmthem6mmonths?m-mCORRECTmANSWERmleasemwithmanmoptionmtombuy




23. Tenantsmhavemsignedmam3myearmleasemonmamproperty.mInmthemsecondmyearmthemownermdiesm
andmhismheirsminheritmthemproperty.mTheymgivemthemtenantsmnoticemtomvacate.mWhatmismtru
e?m-mCORRECTmANSWERmthemtenantsmcanmstaymuntilmthemendmofmthemlease

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