1
REAL ESTATE FINAL EXAM
QUESTIONS WITH VERIFIED
SOLUTIONS
Zoning is under the control of: - correct-answer - government agencies.
A contract that is binding and enforceable in a court of law is said to be: - correct-
answer - valid.
Escrows base monthly prorations on how many days? - correct-answer - 30
The area of a rectangular lot that is 50 feet wide by 100 feet deep is: - correct-
answer - 5,000 sq. ft.
, 2
For about how much assessed value is the Homeowner's Property Tax Exemption?
- correct-answer - $7,000
Misuse of the real estate appraisal report or coercion of the appraiser are now: -
correct-answer - federal felonies.
A person who is authorized by the Secretary of State to witness the
acknowledgement of documents is known as a(n): - correct-answer - notary
public.
A broker who mixes personal funds with his or her principal's funds is guilty of: -
correct-answer - commingling.
Real property consists of: - correct-answer - land and structures on the land
, 3
anything incidental to the land
anything appurtenant to the land
Which of the following is NOT one of the forces that affect the value of a
neighborhood? - correct-answer - Past sales considerations
The federal civil rights law that applies to people with disabilities and protects
them from discrimination is the: - correct-answer - Americans with Disabilities Act
When prices rise due to shortages of available properties, it is known as a: -
correct-answer - seller's market.
Other than the initial small deposit to open the account, when are money
deposits the personal property of the broker? - correct-answer - Never
REAL ESTATE FINAL EXAM
QUESTIONS WITH VERIFIED
SOLUTIONS
Zoning is under the control of: - correct-answer - government agencies.
A contract that is binding and enforceable in a court of law is said to be: - correct-
answer - valid.
Escrows base monthly prorations on how many days? - correct-answer - 30
The area of a rectangular lot that is 50 feet wide by 100 feet deep is: - correct-
answer - 5,000 sq. ft.
, 2
For about how much assessed value is the Homeowner's Property Tax Exemption?
- correct-answer - $7,000
Misuse of the real estate appraisal report or coercion of the appraiser are now: -
correct-answer - federal felonies.
A person who is authorized by the Secretary of State to witness the
acknowledgement of documents is known as a(n): - correct-answer - notary
public.
A broker who mixes personal funds with his or her principal's funds is guilty of: -
correct-answer - commingling.
Real property consists of: - correct-answer - land and structures on the land
, 3
anything incidental to the land
anything appurtenant to the land
Which of the following is NOT one of the forces that affect the value of a
neighborhood? - correct-answer - Past sales considerations
The federal civil rights law that applies to people with disabilities and protects
them from discrimination is the: - correct-answer - Americans with Disabilities Act
When prices rise due to shortages of available properties, it is known as a: -
correct-answer - seller's market.
Other than the initial small deposit to open the account, when are money
deposits the personal property of the broker? - correct-answer - Never
