National Real Estate Exam - Guide to
Pearson Vue Book Exam 2025 Questions
and Answers
An estate for years - --ANSWER--The phrase definite duration refers to:
A periodic tenancy - --ANSWER--A lease that automatically renews itself, in the
absence of notice, is:
$66,666 - --ANSWER--A man just sold a condo for $80,000. This gave him a 20%
profit on what he paid. What did the man pay? $80,000/1.20
Signed by the grantor - --ANSWER--A requirement of a valid deed is that the deed
be:
The Truth In Lending Act - --ANSWER--To locate buyers for other properties, a
broker advertised a property that was not available but which would generate great
interest. The broker's action violated:
Lead paint - --ANSWER--A federally mandated disclosure deals with:
periodic tenancy - --ANSWER--If no period is set for a residential tenancy but rent
is to be paid monthly, the lease is a:
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
, $305, 851 - --ANSWER--A builder wanted the listing to reflect $85 per square foot
for a 2,500 square foot home plus $75,000 for the lot after the 6% commission was
paid. What should the home be listed at to meet the builder's wishes? 2500x85 =
212,500 + 75,000 = 287,500/.94 = 305,851
Transfer it - --ANSWER--To alienate property means to
An encumbrance - --ANSWER--A deed restriction is BEST described as
A cloud on the title - --ANSWER--A minor discrepancy concerning a title is
the forfeiture of a deposit - --ANSWER--An example of liquidated damages in a
real property purchase contract is
greater than the nominal rate - --ANSWER--The annual percentage rate is
property - --ANSWER--Collateral for a real estate loan is the:
mortgagee - --ANSWER--A clause in a mortgage that provides for the assignment
of rents benefits the:
the resale mortgage marketplace - --ANSWER--The secondary mortgage
marketplace refers to
purchasing mortgages originated by financial institutions - --ANSWER--Fannie
Mae activities include
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
Pearson Vue Book Exam 2025 Questions
and Answers
An estate for years - --ANSWER--The phrase definite duration refers to:
A periodic tenancy - --ANSWER--A lease that automatically renews itself, in the
absence of notice, is:
$66,666 - --ANSWER--A man just sold a condo for $80,000. This gave him a 20%
profit on what he paid. What did the man pay? $80,000/1.20
Signed by the grantor - --ANSWER--A requirement of a valid deed is that the deed
be:
The Truth In Lending Act - --ANSWER--To locate buyers for other properties, a
broker advertised a property that was not available but which would generate great
interest. The broker's action violated:
Lead paint - --ANSWER--A federally mandated disclosure deals with:
periodic tenancy - --ANSWER--If no period is set for a residential tenancy but rent
is to be paid monthly, the lease is a:
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
, $305, 851 - --ANSWER--A builder wanted the listing to reflect $85 per square foot
for a 2,500 square foot home plus $75,000 for the lot after the 6% commission was
paid. What should the home be listed at to meet the builder's wishes? 2500x85 =
212,500 + 75,000 = 287,500/.94 = 305,851
Transfer it - --ANSWER--To alienate property means to
An encumbrance - --ANSWER--A deed restriction is BEST described as
A cloud on the title - --ANSWER--A minor discrepancy concerning a title is
the forfeiture of a deposit - --ANSWER--An example of liquidated damages in a
real property purchase contract is
greater than the nominal rate - --ANSWER--The annual percentage rate is
property - --ANSWER--Collateral for a real estate loan is the:
mortgagee - --ANSWER--A clause in a mortgage that provides for the assignment
of rents benefits the:
the resale mortgage marketplace - --ANSWER--The secondary mortgage
marketplace refers to
purchasing mortgages originated by financial institutions - --ANSWER--Fannie
Mae activities include
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
