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Exam (elaborations)

COLIBRI REAL ESTATE CORE EXAM QUESTIONS WITH SOLUTIONS A+ 2025/2026

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Property management services - The provision, for a valuable consideration, to another of marketing, including referring prospective tenants; leasing; physical, administrative, or financial maintenance; and overall management of real property; or supervision of the foregoing activities for another pursuant to a property management agreement. Purchaser - A person who acquired or attempts to acquire or succeeds to an interest in land Real estate - Condominiums and leaseholds, as well as any other interest or estate in land, whether corporeal, incorporeal, freehold or non-freehold and whether the real estate is situated in this state or elsewhere; and includes a mobile home when such mobile home is affixed to land. ("Mobile home," as used in this paragraph, means any factory-built structure or structures equipped with the necessary service connections and made so as to be readily movable as a unit or units and designed to be used as a dwelling unit or units.) Salesperson - Any person, other than an associate broker, who acts on behalf of a real estate broker in performing any act authorized by this chapter to be performed by the broker.

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Colibri
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COLIBRI REAL ESTATE CORE EXAM QUESTIONS WITH
SOLUTIONS A+ 2025/2026
✔✔Property management services - ✔✔The provision, for a valuable consideration, to
another of marketing, including referring prospective tenants; leasing; physical,
administrative, or financial maintenance; and overall management of real property; or
supervision of the foregoing activities for another pursuant to a property management
agreement.

✔✔Purchaser - ✔✔A person who acquired or attempts to acquire or succeeds to an
interest in land

✔✔Real estate - ✔✔Condominiums and leaseholds, as well as any other interest or
estate in land, whether corporeal, incorporeal, freehold or non-freehold and whether the
real estate is situated in this state or elsewhere; and includes a mobile home when such
mobile home is affixed to land. ("Mobile home," as used in this paragraph, means any
factory-built structure or structures equipped with the necessary service connections
and made so as to be readily movable as a unit or units and designed to be used as a
dwelling unit or units.)

✔✔Salesperson - ✔✔Any person, other than an associate broker, who acts on behalf of
a real estate broker in performing any act authorized by this chapter to be performed by
the broker.

✔✔State - ✔✔Any state, district, territory, possession, or province of the United States
or Canada and any sovereign nation or any political subdivision of such sovereign
nation.

✔✔conviction - ✔✔A finding or verdict of guilty or a plea of guilty, regardless of whether
the conviction is under appeal
A sentencing to first offender treatment without an adjudication of guilt in a felony
charge or any crime involving moral turpitude (inherent baseness or depravity)
A plea of nolo contendere (no contest) to a felony charge or any crime involving moral
turpitude

✔✔Felony - ✔✔Any offense which Georgia would deem a felony, regardless of its
designation in any other state.

✔✔Land - ✔✔legally considered to include the surface of the earth, the subsurface to
the center of the earth, and the air above the land.

✔✔Real estate - ✔✔defined as the actual physical land (also known as unimproved
land or raw land) and everything, both natural and manufactored, that is permanently
attached to it.

, ✔✔Real property - ✔✔land and its attachments, as well as all of the rights associated
with the property.

✔✔Personal property - ✔✔most easily defined as any property that is not real property.
It is moveable, thus not fixed to the land

✔✔Accession - ✔✔The acquisition of title to land by its addition to real estate already
owned, through human actions or natural processes.

✔✔Accretion - ✔✔A gradual addition to dry land by the forces of nature, as when the
tide deposits waterborne sediment on shoreline property.

✔✔Air Rights - ✔✔The right to undisturbed use and control of airspace over a parcel of
land (within reasonable limits for air travel); may be transferred separately from the land.

✔✔Alluvion - ✔✔The solid material deposited along a shore by accretion. Also called
Alluvium

✔✔Appropriative Rights - ✔✔Water rights allocated by government permit, according to
an appropriation system. It is not necessary to own property beside the body of water to
apply for an appropriation permit.

✔✔Appurtenance - ✔✔A right that goes along with ownership of real property; usually
transferred with the property, but may be sold separately. This is a legal term referring
to both physical and non-physical appurtenances.

✔✔Avulsion - ✔✔A natural process in which land is removed from one person's
property and deposited onto another's. Avulsion happens very suddenly, as in a flash
flood.

✔✔Bundle of Rights - ✔✔All real property rights that are conferred with ownership,
including the right of possession, right of quiet enjoyment, right of disposition, right of
exclusion, and right of control.

✔✔Encroachment - ✔✔A physical object intruding onto neighboring property, often due
to a mistake regarding the boundary.

✔✔Erosion - ✔✔A gradual loss of soil due to the action of wind, water, or other forces.

✔✔Fructus Naturales - ✔✔Naturally occurring plants ("fruits of nature"), generally
considered part of real property. Also called Natural Attachments.

✔✔Improvements - ✔✔Additions to real property that are manufactured; substantial
fixtures, such as buildings.

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Colibri

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