PRINCIPLES 1 REAL ESTATE EXAM SCRIPT 2026
FULL QUESTIONS AND CORRECT ANSWERS
◉ To qualify for a real estate broker's license, a person must complete
A) eight college-level courses. B) a two-year AA degree. C) two college-
level courses within 18 months D) a four-year college degree.. Answer:
D) a four-year college degree
◉ The appraisal principle of regression provides that a property of
higher value tends to decrease in value when surrounded by properties of
A) lower value B) Higher income C) lower capitalization D) different
character. Answer: A) lower value
◉ An easement by prescription terminates after nonuse for
A) 1 year. B) 3 months. C) 5 years. D) 180 days.. Answer: C) 5 years.
◉ The second property tax installment becomes delinquent on
A) November 1 B) December 10 C) April 10 D) February 1. Answer: C)
April 10
,◉ In a township, the section north of Section 10 is
A) Section 22 B) Section 7 C) Section 12 D) Section 3. Answer: D)
Section 3
◉ When property is used to secure payment of a debt or obligation, a
lien on the property is given by the borrower, who is called
A) The mortgagor B) The Trustee C) The Lender D) The mortgagee.
Answer: A) The Mortgagor
◉ When a person dies without a will, the person is said to have died
A) intestate B) with a devise C) with a bequest D) Testate. Answer: A)
intestate
◉ The Real Estate Commissioner's regulations have
A) never been enforced. B) authority only over the BRE staff. C) the
same force and effect as law. D) no impact on licensees. Answer: C) the
same force and effect as law.
◉ Which of the following is NOT an example of actual fraud
, A) lying B) Misrepresentations made without fraudulent intent C)
suppressing known facts D) a promise made without any intention of
performing it. Answer: B) Misrepresentations made without fraudulent
intent
◉ A deed that makes no express or implied warranties that the grantor
owns any interest in a property is
A) a warranty deed B) a trust deed C) a grant deed D) a quitclaim deed.
Answer: D) a quitclaim deed
◉ An easement that is acquired by a use that is hostile to the interests of
the owner is an easement by
A) prescription B) condemnation C) implication of law D) express grant.
Answer: A) prescription
◉ A fictitious business name statement must be renewed every
A) four years B) year C) 18 months D) five years. Answer: D) five years
◉ A gas company that does not own adjacent land has a right of way
over an owner's land. Such an interest is known as an easement
FULL QUESTIONS AND CORRECT ANSWERS
◉ To qualify for a real estate broker's license, a person must complete
A) eight college-level courses. B) a two-year AA degree. C) two college-
level courses within 18 months D) a four-year college degree.. Answer:
D) a four-year college degree
◉ The appraisal principle of regression provides that a property of
higher value tends to decrease in value when surrounded by properties of
A) lower value B) Higher income C) lower capitalization D) different
character. Answer: A) lower value
◉ An easement by prescription terminates after nonuse for
A) 1 year. B) 3 months. C) 5 years. D) 180 days.. Answer: C) 5 years.
◉ The second property tax installment becomes delinquent on
A) November 1 B) December 10 C) April 10 D) February 1. Answer: C)
April 10
,◉ In a township, the section north of Section 10 is
A) Section 22 B) Section 7 C) Section 12 D) Section 3. Answer: D)
Section 3
◉ When property is used to secure payment of a debt or obligation, a
lien on the property is given by the borrower, who is called
A) The mortgagor B) The Trustee C) The Lender D) The mortgagee.
Answer: A) The Mortgagor
◉ When a person dies without a will, the person is said to have died
A) intestate B) with a devise C) with a bequest D) Testate. Answer: A)
intestate
◉ The Real Estate Commissioner's regulations have
A) never been enforced. B) authority only over the BRE staff. C) the
same force and effect as law. D) no impact on licensees. Answer: C) the
same force and effect as law.
◉ Which of the following is NOT an example of actual fraud
, A) lying B) Misrepresentations made without fraudulent intent C)
suppressing known facts D) a promise made without any intention of
performing it. Answer: B) Misrepresentations made without fraudulent
intent
◉ A deed that makes no express or implied warranties that the grantor
owns any interest in a property is
A) a warranty deed B) a trust deed C) a grant deed D) a quitclaim deed.
Answer: D) a quitclaim deed
◉ An easement that is acquired by a use that is hostile to the interests of
the owner is an easement by
A) prescription B) condemnation C) implication of law D) express grant.
Answer: A) prescription
◉ A fictitious business name statement must be renewed every
A) four years B) year C) 18 months D) five years. Answer: D) five years
◉ A gas company that does not own adjacent land has a right of way
over an owner's land. Such an interest is known as an easement
