Pearson Vue Test 2025 Questions and
Answers
Which of the following terms BEST describes personal property that, by its
attachment to real property, is regarded as real estate?
A.
Emblements
B.
Personality
C.
Fixtures
D.
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,Appliances - --ANSWER--C
A salesperson who completes a written listing agreement with a seller is helping to
create a contractual relationship between the:
A.
salesperson and the seller
B.
salesperson and the buyer
C.
salesperson and the listing broker
D.
salesperson's broker and the seller - --ANSWER--D
Which of the following statements about the income approach to value is
CORRECT?
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,A.
It determines an investment property's value based on its return.
B.
It is used more frequently than the direct sales comparison (market value)
approach to set loan-to-value ratios.
C.
It is the most accurate method of appraising single-family houses.
D.
It produces the highest estimate of value possible. - --ANSWER--A
When a buyer purchases a property subject to a seller's existing mortgage, which of
the following statements is CORRECT?
A.
The seller's credit will not be affected by foreclosure on the property.
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, B.
The seller is released from all liability of the loan.
C.
Any mortgage loan obtained by the buyer to complete the purchase will be a first
mortgage loan.
D.
The seller's obligations under the existing mortgage remain unchanged. - --
ANSWER--D
The Comprehensive Environmental Response, Compensation, and Liability Act
(CERCLA) is administered by the:
A.
Environmental Protection Agency
B.
Department of Housing and Urban Development
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Answers
Which of the following terms BEST describes personal property that, by its
attachment to real property, is regarded as real estate?
A.
Emblements
B.
Personality
C.
Fixtures
D.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,Appliances - --ANSWER--C
A salesperson who completes a written listing agreement with a seller is helping to
create a contractual relationship between the:
A.
salesperson and the seller
B.
salesperson and the buyer
C.
salesperson and the listing broker
D.
salesperson's broker and the seller - --ANSWER--D
Which of the following statements about the income approach to value is
CORRECT?
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
,A.
It determines an investment property's value based on its return.
B.
It is used more frequently than the direct sales comparison (market value)
approach to set loan-to-value ratios.
C.
It is the most accurate method of appraising single-family houses.
D.
It produces the highest estimate of value possible. - --ANSWER--A
When a buyer purchases a property subject to a seller's existing mortgage, which of
the following statements is CORRECT?
A.
The seller's credit will not be affected by foreclosure on the property.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
, B.
The seller is released from all liability of the loan.
C.
Any mortgage loan obtained by the buyer to complete the purchase will be a first
mortgage loan.
D.
The seller's obligations under the existing mortgage remain unchanged. - --
ANSWER--D
The Comprehensive Environmental Response, Compensation, and Liability Act
(CERCLA) is administered by the:
A.
Environmental Protection Agency
B.
Department of Housing and Urban Development
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 4
