• Wrong document? Swap it for free
  • Written by students who passed
  • Immediately available after payment
  • Read online or as PDF
Sell
Where do you study
Your language
Document preview thumbnail
Preview 3 out of 25 pages
Exam (elaborations)

Real Estate Practice Final Exam WITH CORRECT CORRECT ANSWERS AND RATIONALE UPDATED 2026

Document preview thumbnail
Preview 3 out of 25 pages

Real Estate Practice Final Exam WITH CORRECT CORRECT ANSWERS AND RATIONALE UPDATED 2026

Content preview

Real Estate Practice Final Exam
WITH CORRECT CORRECT ANSWERS AND
RATIONALE UPDATED 2026

1. A property owner has a beautiful view of the ocean. The neighbor builds a wall that blocks the
view. Under common law, the property owner:

A. Has an automatic right to the view.

B. Can sue for "View Infringement."

C. Has no right to the view unless an easement was recorded.

D. Can force the neighbor to tear it down.



Correct Answer: C. Rationale: Air and view rights are not automatic; they must be protected by
a written easement or local ordinance.

2. Which of the following is considered "Real Property"?

A. Trade fixtures.

B. A perennial shrub planted in the ground.

C. Throw rugs.

D. Detached garden tools.



Correct Answer: B. Rationale: Plants with deep roots (fructus naturales) are considered part of
the land, whereas personal property is movable.

3. The right of a government to take private property for public use is called:

A. Escheat.

B. Condemnation.

C. Eminent Domain.

D. Adverse Possession.

,Correct Answer: C. Rationale: Eminent Domain is the right; Condemnation is the process of
exercising that right.

4. An item that was once personal property but has been attached to the real estate is a:

A. Chattel.

B. Emblement.

C. Fixture.

D. Appurtenance.



Correct Answer: C. Rationale: Fixtures are items of personal property attached to the land or
building so as to become part of the real property.

5. A life estate that is based on the life of someone other than the life tenant is called:

A. Fee simple absolute.

B. Pur autre vie.

C. Ordinary life estate.

D. Remainder interest.



Correct Answer: B. Rationale: "Pur autre vie" means "for the life of another."

6. Which of the following is a "voluntary" lien?

A. Mortgage lien.

B. Mechanic's lien.

C. Property tax lien.

D. Judgment lien.



Correct Answer: A. Rationale: A mortgage is entered into voluntarily by the borrower. The
others are imposed by law (involuntary).

7. In a joint tenancy, when one owner dies, their share goes to:

A. Their heirs.

B. The state.

C. The surviving owners.

D. The executor of the estate.



Correct Answer: C. Rationale: The "Right of Survivorship" is the hallmark of joint tenancy.

, 8. A legal description that uses "points of beginning" and "monuments" is:

A. Lot and Block.

B. Rectangular Survey.

C. Metes and Bounds.

D. Geodetic Survey.



Correct Answer: C. Rationale: Metes and bounds uses distances (metes) and directions
(bounds) starting from a POB.

9. How many acres are in a section?

A. 43,560

B. 640

C. 36

D. 160



Correct Answer: B. Rationale: A section is 1 square mile, which contains 640 acres.

10. An agency relationship is usually created between a broker and a seller by a:

A. Sales contract.

B. Listing agreement.

C. Warranty deed.

D. Lease.



Correct Answer: B. Rationale: The listing agreement is the employment contract between the
broker and the seller.

11. A real estate agent who has the authority to represent the principal in a specific range of matters
(like a property manager) is a:

A. Special agent.

B. Universal agent.

C. General agent.

D. Dual agent.



Correct Answer: C. Rationale: General agents handle a range of activities for a specific business;
special agents handle one specific transaction.

Document information

Uploaded on
September 15, 2026
Number of pages
25
Written in
2026/2027
Type
Exam (elaborations)
Contains
Questions & answers
$24.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Sold
0
Followers
0
Items
227
Last sold
-



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions