Pearson VUE Practice Test 2025/2026
Exam Questions and Answers | A+ Score
Assured
1A buyer purchases a furnished condominimum apartment as an
investment. The document that evidences the buyer's ownership of the
furniture is a
a. Special warranty deed
b. Homeowner's insurance policy
c. Bill of sale
d. Buyers inventory - 🧠 ANSWER ✔✔c. Bill of sale
Using the cost approach, an f calculates the current new replacement cost
of a 15 year old structure. The next factor the appraiser will consider n
completing this approach is:
,a. Land value
b. Capitalization rate
c. Net operating income
d. Accrued depreciation - 🧠 ANSWER ✔✔d. Accrued depreciation
A buyer purchases a home for $55,000 and gets a commitment from a
lender for an 80% loan. The lender has advised the buyer that 3 discount
points will be charged. If additional closing costs are $2,000, how much
total cash MUST the buyer have at closing?
a. 1300
b. 13200
c. 14320
d. 15650 - 🧠 ANSWER ✔✔c. 14320
Any referral of a settlement service provider for compensation is
a. Only allowed on federally funded transaction
b. Allowed when fully disclosed
c. Always prohibited
,d. Only prohibited on federally funded transaction - 🧠 ANSWER ✔✔c.
Always prohibited
A licensee is commingling trust funds by depositing:
a. Earnest monies received from a clients properties in the agency's
business account
b. Earnest monies and rents received from a client's various properties in
the same escrow/trust account
c. Rents received from the licensee's own properties in a personal account
d. Tenants security depositites received from various clients properties in
the same escrow/trust account. - 🧠 ANSWER ✔✔a. Earnest monies
received from a clients properties in the agency's business account
A lease calls for a commercial tenant to pay a guaranteed rental of $1,775
per month plus 6.5% of the gross income in excess of $325,000 per year. If
the yearly gross income is $785,000, what is the annual rent?
a. 51025
b. 51200
c. 52800
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, d. 72325 - 🧠 ANSWER ✔✔b. 51200
The lease of a restaurant terminates and the tenant wishes to move to
another location. Which of the following items can the tenant remove from
the restaurant as trade fixtures?
a. Sprinkler system
b. Radiators
c. Built-in dishwasher
d. Recessed ceiling lighting - 🧠 ANSWER ✔✔c. Built-in dishwasher
A buyer's interest in real property, acquired at the moment the seller and
the buyer enter into a sales contract, is known as:
a. Legal title
b. Equitable title
c. Fee simple determinable
d. An option to purchase - 🧠 ANSWER ✔✔b. Equitable title
K owns and operates a small restaurant in an area recently annexed by a
nearby city. As part of the annexation, the area was zoned for single-family
residence, but K is allowed to continue operating the restaurant under the
Exam Questions and Answers | A+ Score
Assured
1A buyer purchases a furnished condominimum apartment as an
investment. The document that evidences the buyer's ownership of the
furniture is a
a. Special warranty deed
b. Homeowner's insurance policy
c. Bill of sale
d. Buyers inventory - 🧠 ANSWER ✔✔c. Bill of sale
Using the cost approach, an f calculates the current new replacement cost
of a 15 year old structure. The next factor the appraiser will consider n
completing this approach is:
,a. Land value
b. Capitalization rate
c. Net operating income
d. Accrued depreciation - 🧠 ANSWER ✔✔d. Accrued depreciation
A buyer purchases a home for $55,000 and gets a commitment from a
lender for an 80% loan. The lender has advised the buyer that 3 discount
points will be charged. If additional closing costs are $2,000, how much
total cash MUST the buyer have at closing?
a. 1300
b. 13200
c. 14320
d. 15650 - 🧠 ANSWER ✔✔c. 14320
Any referral of a settlement service provider for compensation is
a. Only allowed on federally funded transaction
b. Allowed when fully disclosed
c. Always prohibited
,d. Only prohibited on federally funded transaction - 🧠 ANSWER ✔✔c.
Always prohibited
A licensee is commingling trust funds by depositing:
a. Earnest monies received from a clients properties in the agency's
business account
b. Earnest monies and rents received from a client's various properties in
the same escrow/trust account
c. Rents received from the licensee's own properties in a personal account
d. Tenants security depositites received from various clients properties in
the same escrow/trust account. - 🧠 ANSWER ✔✔a. Earnest monies
received from a clients properties in the agency's business account
A lease calls for a commercial tenant to pay a guaranteed rental of $1,775
per month plus 6.5% of the gross income in excess of $325,000 per year. If
the yearly gross income is $785,000, what is the annual rent?
a. 51025
b. 51200
c. 52800
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, d. 72325 - 🧠 ANSWER ✔✔b. 51200
The lease of a restaurant terminates and the tenant wishes to move to
another location. Which of the following items can the tenant remove from
the restaurant as trade fixtures?
a. Sprinkler system
b. Radiators
c. Built-in dishwasher
d. Recessed ceiling lighting - 🧠 ANSWER ✔✔c. Built-in dishwasher
A buyer's interest in real property, acquired at the moment the seller and
the buyer enter into a sales contract, is known as:
a. Legal title
b. Equitable title
c. Fee simple determinable
d. An option to purchase - 🧠 ANSWER ✔✔b. Equitable title
K owns and operates a small restaurant in an area recently annexed by a
nearby city. As part of the annexation, the area was zoned for single-family
residence, but K is allowed to continue operating the restaurant under the
