Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 2 out of 12 pages
Exam (elaborations)

National Real Estate Exam – Pearson VUE Prep (2025/2026) | 150+ Verified Q&A | Property Law, Finance, Contracts, Valuation, Brokerage, Ethics

Document preview thumbnail
Preview 2 out of 12 pages

This comprehensive Pearson VUE-based National Real Estate Exam guide contains over 150 professionally verified and A+ graded multiple-choice questions with correct answers, specifically designed for the 2025/2026 real estate licensure cycle. Structured in a clean, exam-focused Q&A format, this study guide covers the most critical topics tested on national real estate licensing exams administered via Pearson VUE and similar platforms. Key topics include: Ownership & Estate Types: fee simple, leasehold, life estate, estate for years, periodic tenancy, tenancy in common Contracts & Agency Law: executory contracts, novation, exclusive listings, offer/acceptance, parol evidence rule, procurement cause Deeds & Title: valid deed requirements, title insurance, quiet title action, cloud on title, forgery Financing & Mortgages: mortgage clauses, FHA/VA/conventional loans, subordination, amortization, balloon payments, takeout loans Valuation & Math: ROI, loan-to-value, cap rate calculations, interest rate formulas, property pricing strategies Leases & Landlord-Tenant Law: lease types, exculpatory clauses, Uniform Residential Landlord and Tenant Act Federal Laws & Ethics: ADA compliance, RESPA, Truth in Lending Act, lead paint disclosure, fair housing laws Agency & Brokerage: designated agency, single agency, fiduciary duties, death of agent, broker authority Real Estate Terms & Concepts: hypothecation, encumbrance, alienation, reformation, sale-leaseback, contingent remainder Secondary Mortgage Market: Fannie Mae, Freddie Mac, mortgage warehousing Insurance & Risk: homeowners insurance, fidelity bonds, liability coverage Miscellaneous: property management, amenities, adverse possession, inheritance, right of first refusal Ideal for students preparing for Pearson VUE-administered national exams, state licensing tests, or for real estate school midterms. A must-have resource for exam confidence, designed to boost recall and clarity under timed conditions. Relevant for: Courses: Real Estate Licensing Prep, Real Estate Principles, Property Law, Real Estate Finance Students: Real estate license candidates, real estate school students, broker/agent trainees, career switchers entering real estate Keywords: estate types, leasehold, fee simple, periodic tenancy, title insurance, quiet title, FHA loan, VA loan, amortization, cap rate, real estate math, agency law, procurement cause, valid deed, RESPA, ADA compliance, Truth in Lending Act, parol evidence rule, Pearson VUE real estate, real estate licensing, national exam prep, Fannie Mae, Freddie Mac, subleasing, balloon payment, sale-leaseback, broker authority, landlord-tenant law

Content preview

National Real Estate Exam - Guide to
Pearson Vue Book 2025/2026 Exam
Questions and Verified Answers |
Already Graded A+



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:


$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

Document information

Uploaded on
September 9, 2025
Number of pages
12
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$15.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
PROFFKERRYMARTIN
3.4
(61)
Sold
305
Followers
9
Items
11478
Last sold
2 hours ago




Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions