CT REAL ESTATE PRACTICE EXAM
GENERAL QUESTIONS AND
ANSWERS 100% PASS
Two lots of the same size are sold on a street. The lot on the corner sells for $20,000
more than the lot in the middle of the street. Which of the following characteristics
MOST likely explains the price difference? - ✔✔Situs
How does a creditor who has obtained a judgment get satisfaction against a debtor
who will not pay? - ✔✔Writ of execution
What type of map is MOST useful for describing the terrain of a very hilly lot? -
✔✔Contour map
A tenant rented an apartment, signing a 15-month lease. After the lease expired, the
tenant paid 1 month's rent and got a receipt. What kind of leasehold does the tenant
have? - ✔✔Tenancy at will
A major difference between freehold and nonfreehold estates is that all freehold
estates - ✔✔are of indeterminable duration
Real property can be converted to personal property by - ✔✔Severance
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,A lawsuit for inverse condemnation may be brought by - ✔✔a homeowner
A deed restriction is applicable to the activities of - ✔✔present and future owners.
If conditions for purchase are included in a deed and these conditions are violated,
what is the penalty? - ✔✔Return of the property to the original owner.
The terms "littoral," "riparian," and "appropriative" refer to - ✔✔water rights.
Which of the following BEST illustrates the concept and intent of a buffer zone? -
✔✔Garden apartments located between a single-family residential neighborhood
and a shopping center.
A property owner died, having willed his real property to his two daughters. There is
still a chance that they could lose the land for a variety of reasons, but it CANNOT be
taken through - ✔✔escheat
An environmental impact statement typically describes the effects of a proposed
project on factors such as - ✔✔public health and safety
All of the following are methods to calculate the reproduction or replacement cost of
a building EXCEPT the - ✔✔straight-line method
Which of the following approaches MOST reliably estimates the sales price of a
single-family residence? - ✔✔Market data
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, A formal appraisal will ALWAYS be REQUIRED when the - ✔✔lender wants to sell
the mortgage to the secondary market.
According to the principle of progression, a three-bedroom, one-story home is MOST
likely to bring the highest sales price if located in a neighborhood in which -
✔✔most homes are larger than the sale home.
An appraiser MUST be licensed or certified to handle Federally related work on
residential property valued at more than - ✔✔$250,000
A competitive market analysis is MOST often used for - ✔✔setting a listing price
Which rule-of-thumb version is being offered to an investor who is told that a house
renting for $900 a month should sell for about $90,000? - ✔✔GRM
When a property owner uses his home as collateral for a loan and creates a lien in
favor of the lender, title is held by the - ✔✔mortgagor
When the sellers are lending part of the purchase price, they may secure the debt
either with a deed of trust or a mortgage. For the seller, one benefit of the deed of
trust is that - ✔✔foreclosure is usually simpler and faster
Regulation Z requires that the borrower be fully informed of all of the following
EXCEPT - ✔✔the total interest
The FHA functions MOST like - ✔✔an insurance company
Brittie Donald, All Rights Reserved © 2025 3
GENERAL QUESTIONS AND
ANSWERS 100% PASS
Two lots of the same size are sold on a street. The lot on the corner sells for $20,000
more than the lot in the middle of the street. Which of the following characteristics
MOST likely explains the price difference? - ✔✔Situs
How does a creditor who has obtained a judgment get satisfaction against a debtor
who will not pay? - ✔✔Writ of execution
What type of map is MOST useful for describing the terrain of a very hilly lot? -
✔✔Contour map
A tenant rented an apartment, signing a 15-month lease. After the lease expired, the
tenant paid 1 month's rent and got a receipt. What kind of leasehold does the tenant
have? - ✔✔Tenancy at will
A major difference between freehold and nonfreehold estates is that all freehold
estates - ✔✔are of indeterminable duration
Real property can be converted to personal property by - ✔✔Severance
Brittie Donald, All Rights Reserved © 2025 1
,A lawsuit for inverse condemnation may be brought by - ✔✔a homeowner
A deed restriction is applicable to the activities of - ✔✔present and future owners.
If conditions for purchase are included in a deed and these conditions are violated,
what is the penalty? - ✔✔Return of the property to the original owner.
The terms "littoral," "riparian," and "appropriative" refer to - ✔✔water rights.
Which of the following BEST illustrates the concept and intent of a buffer zone? -
✔✔Garden apartments located between a single-family residential neighborhood
and a shopping center.
A property owner died, having willed his real property to his two daughters. There is
still a chance that they could lose the land for a variety of reasons, but it CANNOT be
taken through - ✔✔escheat
An environmental impact statement typically describes the effects of a proposed
project on factors such as - ✔✔public health and safety
All of the following are methods to calculate the reproduction or replacement cost of
a building EXCEPT the - ✔✔straight-line method
Which of the following approaches MOST reliably estimates the sales price of a
single-family residence? - ✔✔Market data
Brittie Donald, All Rights Reserved © 2025 2
, A formal appraisal will ALWAYS be REQUIRED when the - ✔✔lender wants to sell
the mortgage to the secondary market.
According to the principle of progression, a three-bedroom, one-story home is MOST
likely to bring the highest sales price if located in a neighborhood in which -
✔✔most homes are larger than the sale home.
An appraiser MUST be licensed or certified to handle Federally related work on
residential property valued at more than - ✔✔$250,000
A competitive market analysis is MOST often used for - ✔✔setting a listing price
Which rule-of-thumb version is being offered to an investor who is told that a house
renting for $900 a month should sell for about $90,000? - ✔✔GRM
When a property owner uses his home as collateral for a loan and creates a lien in
favor of the lender, title is held by the - ✔✔mortgagor
When the sellers are lending part of the purchase price, they may secure the debt
either with a deed of trust or a mortgage. For the seller, one benefit of the deed of
trust is that - ✔✔foreclosure is usually simpler and faster
Regulation Z requires that the borrower be fully informed of all of the following
EXCEPT - ✔✔the total interest
The FHA functions MOST like - ✔✔an insurance company
Brittie Donald, All Rights Reserved © 2025 3
