Pearson vue Practice Exam 2025/2026
Exam Questions and Verified Answers |
Already Graded A+
In stating a seller's price and terms to a prospective buyer, the seller's
broker is required by the law of agency to state ONLY those terms that are
a. included in the listing agreement
b. based on the brokers evaluation of prevailing prices and terms
c. favorable for the seller, as determined by the broker
d. attractive to buyers, as determined by the broker - 🧠 ANSWER ✔✔a.
included in the listing agreement
a lot measuring 110 feet wide by 140 feet deep has a required setback of
30 feet in front, 20 feet in the rear, and 20 feet on each side. if a builder
,wants to put a one-story building on the lot, the MAXIMUM square footage
it can contain is
a. 3,300 sq ft
b. 3,600 sq ft
c. 6,300 sq ft
d. 6,600 sq ft - 🧠 ANSWER ✔✔c. 6,300 sq ft
a house with a market value of $80,000 is located where property is
assessed at 70% of market value. if the tax rate is $4 per $100 of assessed
value, the property taxes are
a. $224
b. $960
c. $2,240
d. $3,200 - 🧠 ANSWER ✔✔c. $2,240
a broker charges a leasing fee of one-half of the first months rent and a
management fee of 8% of all rents collected. the broker negotiates a two-
,year lease at a monthly rental of $550. which of the following amounts will
the broker earn on this lease
a. $1,378
b $1,331
c. $1,287
d. $1,056 - 🧠 ANSWER ✔✔b. $1,331
a property manager works in the BEST interests of the
a. tenant
b. owner
c. agent
d. bank - 🧠 ANSWER ✔✔b. owner
in reviewing the deed to a listed property, a licensee noted a number of
limitations regarding its use. these limitations aare commonly known as:
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, A. Codicils
B. constraints
C. building codes
D. restricted covenants - 🧠 ANSWER ✔✔D. Restricted covenants
the price at which a willing and informed buyer would buy and a willing and
informed seller would sell is called the
a. assessed value
b. book value
c. income approach to value
d. market value - 🧠 ANSWER ✔✔d. market value
the income approach is MOST likely to be used when determining the
value of a
A. vacant residential lot
b. office building
Exam Questions and Verified Answers |
Already Graded A+
In stating a seller's price and terms to a prospective buyer, the seller's
broker is required by the law of agency to state ONLY those terms that are
a. included in the listing agreement
b. based on the brokers evaluation of prevailing prices and terms
c. favorable for the seller, as determined by the broker
d. attractive to buyers, as determined by the broker - 🧠 ANSWER ✔✔a.
included in the listing agreement
a lot measuring 110 feet wide by 140 feet deep has a required setback of
30 feet in front, 20 feet in the rear, and 20 feet on each side. if a builder
,wants to put a one-story building on the lot, the MAXIMUM square footage
it can contain is
a. 3,300 sq ft
b. 3,600 sq ft
c. 6,300 sq ft
d. 6,600 sq ft - 🧠 ANSWER ✔✔c. 6,300 sq ft
a house with a market value of $80,000 is located where property is
assessed at 70% of market value. if the tax rate is $4 per $100 of assessed
value, the property taxes are
a. $224
b. $960
c. $2,240
d. $3,200 - 🧠 ANSWER ✔✔c. $2,240
a broker charges a leasing fee of one-half of the first months rent and a
management fee of 8% of all rents collected. the broker negotiates a two-
,year lease at a monthly rental of $550. which of the following amounts will
the broker earn on this lease
a. $1,378
b $1,331
c. $1,287
d. $1,056 - 🧠 ANSWER ✔✔b. $1,331
a property manager works in the BEST interests of the
a. tenant
b. owner
c. agent
d. bank - 🧠 ANSWER ✔✔b. owner
in reviewing the deed to a listed property, a licensee noted a number of
limitations regarding its use. these limitations aare commonly known as:
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, A. Codicils
B. constraints
C. building codes
D. restricted covenants - 🧠 ANSWER ✔✔D. Restricted covenants
the price at which a willing and informed buyer would buy and a willing and
informed seller would sell is called the
a. assessed value
b. book value
c. income approach to value
d. market value - 🧠 ANSWER ✔✔d. market value
the income approach is MOST likely to be used when determining the
value of a
A. vacant residential lot
b. office building
