2/10/25, 5:33 PM REAL ESTATE LAW EXAM 2025 QUESTIONS AND CORRECT ANSWERS (PROFESSOR VERIFIED) | ALREADY GRADED A+ | …
REAL ESTATE LAW EXAM 2025 QUESTIONS AND
CORRECT ANSWERS (PROFESSOR VERIFIED) |
ALREADY GRADED A+ | LATEST EDITION
Save
Terms in this set (104)
Which type of deed Executor's Deed
conveys real property
from a decedents estate
to a buyer?
What's the term for a Actual Notice
notice given directly to
and received by a
person?
Terry has a costume shop Estate from period-to-period
in a commercial building.
He has a one-year lease
that automatically renews
for another year unless
either Terry or the
landlord terminates. What
type of leasehold estate is
this?
https://quizlet.com/1003919684/real-estate-law-exam-2025-questions-and-correct-answers-professor-verified-already-graded-a-latest-edition-flash-ca… 1/21
,2/10/25, 5:33 PM REAL ESTATE LAW EXAM 2025 QUESTIONS AND CORRECT ANSWERS (PROFESSOR VERIFIED) | ALREADY GRADED A+ | …
Per FIRPTA, trusts with 35%
foreign beneficiaries must
withhold what percentage
from the sale of U. S.
properties?
A taxpayer can claim a Once every two years.
capital gains exclusion
_______.
When a consumer or The Division of Professional Regulation
another licensee files a
complaint against a
licensee, to which entity
does the commission refer
the complaint for an
investigation?
Which type of leasehold Estate for years
lasts for a defined period
of time and automatically
terminates when that
period ends?
Which type of legal Lot & block
description is this: "Plat of
Block 28, Woodmen
Heights Tract, recorded in
Map Book 27, page 68, at
the Eldor County Records
Office"?
Reuben purchased a The deed provides the greatest protection available
property from a seller from a grantor to a grantee.
who gave him a general
warranty deed. What's true
of Reuben's deed to this
property?
https://quizlet.com/1003919684/real-estate-law-exam-2025-questions-and-correct-answers-professor-verified-already-graded-a-latest-edition-flash-ca… 2/21
, 2/10/25, 5:33 PM REAL ESTATE LAW EXAM 2025 QUESTIONS AND CORRECT ANSWERS (PROFESSOR VERIFIED) | ALREADY GRADED A+ | …
In a title theory state, It's generally much easier for a lender to foreclose on
which of the following is a a property.
true statement?
Mariel is buying a home Loan origination fee
and is looking forward to
the tax deductions. She
may deduct which of the
following?
In a face-to-face closing, Both the buyer and seller
who meets with whom?
In a real estate Consent
transaction, which of the
following is established
when the parties enter
into an agreement
voluntarily with full
understanding of the
contract terms?
Your neighbor hires a If the neighbor and the student are content to uphold
middle school student to their agreement, the fact that it's not legally binding
mow his lawn every two doesn't matter.
weeks. He draws up a
written contract in which
he clearly outlines the
student's mowing
responsibilities and the
payment the student will
receive in return. Which of
the following is true in this
situation?
https://quizlet.com/1003919684/real-estate-law-exam-2025-questions-and-correct-answers-professor-verified-already-graded-a-latest-edition-flash-ca… 3/21
REAL ESTATE LAW EXAM 2025 QUESTIONS AND
CORRECT ANSWERS (PROFESSOR VERIFIED) |
ALREADY GRADED A+ | LATEST EDITION
Save
Terms in this set (104)
Which type of deed Executor's Deed
conveys real property
from a decedents estate
to a buyer?
What's the term for a Actual Notice
notice given directly to
and received by a
person?
Terry has a costume shop Estate from period-to-period
in a commercial building.
He has a one-year lease
that automatically renews
for another year unless
either Terry or the
landlord terminates. What
type of leasehold estate is
this?
https://quizlet.com/1003919684/real-estate-law-exam-2025-questions-and-correct-answers-professor-verified-already-graded-a-latest-edition-flash-ca… 1/21
,2/10/25, 5:33 PM REAL ESTATE LAW EXAM 2025 QUESTIONS AND CORRECT ANSWERS (PROFESSOR VERIFIED) | ALREADY GRADED A+ | …
Per FIRPTA, trusts with 35%
foreign beneficiaries must
withhold what percentage
from the sale of U. S.
properties?
A taxpayer can claim a Once every two years.
capital gains exclusion
_______.
When a consumer or The Division of Professional Regulation
another licensee files a
complaint against a
licensee, to which entity
does the commission refer
the complaint for an
investigation?
Which type of leasehold Estate for years
lasts for a defined period
of time and automatically
terminates when that
period ends?
Which type of legal Lot & block
description is this: "Plat of
Block 28, Woodmen
Heights Tract, recorded in
Map Book 27, page 68, at
the Eldor County Records
Office"?
Reuben purchased a The deed provides the greatest protection available
property from a seller from a grantor to a grantee.
who gave him a general
warranty deed. What's true
of Reuben's deed to this
property?
https://quizlet.com/1003919684/real-estate-law-exam-2025-questions-and-correct-answers-professor-verified-already-graded-a-latest-edition-flash-ca… 2/21
, 2/10/25, 5:33 PM REAL ESTATE LAW EXAM 2025 QUESTIONS AND CORRECT ANSWERS (PROFESSOR VERIFIED) | ALREADY GRADED A+ | …
In a title theory state, It's generally much easier for a lender to foreclose on
which of the following is a a property.
true statement?
Mariel is buying a home Loan origination fee
and is looking forward to
the tax deductions. She
may deduct which of the
following?
In a face-to-face closing, Both the buyer and seller
who meets with whom?
In a real estate Consent
transaction, which of the
following is established
when the parties enter
into an agreement
voluntarily with full
understanding of the
contract terms?
Your neighbor hires a If the neighbor and the student are content to uphold
middle school student to their agreement, the fact that it's not legally binding
mow his lawn every two doesn't matter.
weeks. He draws up a
written contract in which
he clearly outlines the
student's mowing
responsibilities and the
payment the student will
receive in return. Which of
the following is true in this
situation?
https://quizlet.com/1003919684/real-estate-law-exam-2025-questions-and-correct-answers-professor-verified-already-graded-a-latest-edition-flash-ca… 3/21
