NATIONAL REAL ESTATE EXAM PRACTICE QUESTIONS AND 100% CORRECT ANSWERS|LATEST 2025/2026|GRADED A+|VERIFIED

NATIONAL REAL ESTATE EXAM PRACTICE

ANSWERS|LATEST 2025/2026|GRADED


A property owner has decided to do some landscaping work on his yard. He has planted a tree
B B B B B B B B B B B B B B B B B B



surrounded by some flowering shrubs. The tree and shrubs are an example of... - ANSWER-
B B B B B B B B B B B B B B



improvements



A property owner has a waterfront lot on a stream. He has the right to use the water from the
B B B B B B B B B B B B B B B B B B B B



stream. What is this right called? - ANSWER-
B B B B B B B riparian



A tenant is aware that his lease will expire at the end of the month. He has begun to disassem
B B B B B B B B B B B B B B B B B B B



ble his display cabinets and shelves. Which of the following statements about this is true -
B B B B B B B B B B B B B B B



B ANSWER- the tenant can take these as they are trade fixtures
B B B B B B B B B




A seller is attending the closing on his property. The title company has discovered an unsatisfie
B B B B B B B B B B B B B B B



d M&M lien on the property. Which of the following is the most likely reason for the lien? -
B B B B B B B B B B B B B B B B B B



B ANSWER- plumbing work that was completed but never paid for B B B B B B B B




A listing agent went to inspect a seller's property hoping to list it for sale. The seller told the lis
B B B B B B B B B B B B B B B B B B B



ting agent that his neighbor's satellite dish trespasses on his property. This is an example of... -
B B B B B B B B B B B B B B B B



B ANSWER- encroachment



A father gives his son a life estate on a property. The son leases the property. The tenant dies.
B B B B B B B B B B B B B B B B B B B



What happens to the property? - ANSWER-
B B B B B B it goes back to the son until he dies
B B B B B B B B




A man leaves his second wife a life estate in their home after which the property goes to his ch
B B B B B B B B B B B B B B B B B B B



ildren from his first marriage. The children... - ANSWER-
B B B B B B B B are remaindermenB




Which of the following statements about an easement is true? - ANSWER-
B B B B B B B B B B B



an easement is a benefit to the dominant property owner
B B B B B B B B B




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Wicky

,P, Q and R are joint tenants. P wants to sell the property, but Q and R do not. What can P do? -
B B B B B B B B B B B B B B B B B B B B B B B



B ANSWER- file a suit for partition
B B B B




A, B and C are joint tenants. C dies. B sells his share to D. What type of ownership do A and D h
B B B B B B B B B B B B B B B B B B B B B B B



ave? - ANSWER- B B tenants in common B B




Under what right can the government change property use from commercial to residential onl
B B B B B B B B B B B B B



y? - ANSWER-
B B police power B




Ownership of the common areas of condominiums is most likely to be: - ANSWER-
B B B B B B B B B B B B B



tenancy in common B B




What should a buyer do to ensure that his is getting the best title to real property? - ANSWER-
B B B B B B B B B B B B B B B B B B



get a general warranty deed
B B B B




Which covenant in a deed guarantees that the owners will not suffer or be disturbed by any cl
B B B B B B B B B B B B B B B B B



aims on the property? - ANSWER-
B B B B B the covenant of quiet enjoyment
B B B B




Excess money at a foreclosure sale goes to... - ANSWER-
B B B B B B B B B the borrower B




After defaulting on a real estate loan, a borrower is able to pay off the loan prior to the foreclo
B B B B B B B B B B B B B B B B B B B



sure sale. This is called: - ANSWER-
B B B B B B right of redemption B B




The required distance between buildings and a federally protected endangered species wetla
B B B B B B B B B B B



nds is an example of... - ANSWER-
B B B B B B a buffer zone
B B




A couple purchased a condominium. The complex has an exercise room for all residents. The c
B B B B B B B B B B B B B B B



ouple does not use the exercise room and does not want to pay the monthly fee for the use of
B B B B B B B B B B B B B B B B B B B B



the facility. What can they do to avoid this fee? - ANSWER-
B B B B B B B B B B B



they must pay the fee as they have a tenancy in common interest in all common areas
B B B B B B B B B B B B B B B B




2
Wicky

, Which of the following is personal property? - ANSWER-
B B B B B B B B a lease
B




A landlord leased space in his new retail property to an inexperienced business person. Based
B B B B B B B B B B B B B B B



on location and the type of business, the landlord believes it will be a great success. What type
B B B B B B B B B B B B B B B B B



of lease can he enter into with the tenant that will allow the landlord to benefit from the tena
B B B B B B B B B B B B B B B B B B B



nt's success? - ANSWER-
B B B a percentage lease
B B




A buyer has purchased a property and after closing the seller will continue to occupy the prop
B B B B B B B B B B B B B B B B



erty. This is an example of... - ANSWER-
B B B B B B B sale and leaseback
B B




Your client will be able to qualify for a property they wish to purchase in about 6 months, after
B B B B B B B B B B B B B B B B B B B



they had an opportunity to reduce their consumer debt. They have found a property that they
B B B B B B B B B B B B B B B



Bwould like to purchase now. What type of agreement can they enter into with a seller that will
B B B B B B B B B B B B B B B B B



Ballow them to occupy the property now and purchase it within the 6 months? - ANSWER-
B B B B B B B B B B B B B B B



lease with an option to buy B B B B B




Tenants have signed a 3 year lease on a property. In the second year the owner dies and his hei
B B B B B B B B B B B B B B B B B B B



rs inherit the property. They give the tenants notice to vacate. What is true? - ANSWER-
B B B B B B B B B B B B B B B



the tenants can stay until the end of the lease
B B B B B B B B B




A developer decides to build a commercial property in the middle of a residential subdivision.
B B B B B B B B B B B B B B B



What is required? - ANSWER-
B B B B a variance
B




A zoning ordinance would affect which of the following? - ANSWER-
B B B B B B B B B B



the concentration of housing in a residential area
B B B B B B B




If a person dies without a will, who receives their estate? - ANSWER-
B B B B B B B B B B B B



spouse and children B B




What are the requirements/ criteria for real estate to have values? - ANSWER-
B B B B B B B B B B B B



demand, utility, scarcity, transferability B B B




3
Wicky