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National real estate exam (20242025) Exam prep questions with correct solutions Qs accretion - n Ans growth in size or increase in amount Qs Avulsion - n Ans the sudden separation of land from one property and its attachment to another, especially by flooding or a change in the course of a river. Qs AIR (Appraiser Independence Requirements) - n Ans apply to conventional loans used to purchase a single-family dwelling of one to four units. Qs What's mediation? ...

Arizona Real Estate Exam Practice Questions with complete solutions a+ graded. Qs A real estate transaction is final when: - n Ans Deed signed and delivered Qs You would discover a 'cloud on title' by reviewing: - n Ans Schedule B of a title report Qs It is said that agency is comprised of common law. This means: - n Ans It is established by tradition and court decisions Qs In Arizona, the seller must file with the County Assessor, at the close of escrow, an ...

Texas Real Estate National Exam Test Prep Multiple Choice well solved. Qs What principle of value defines the most important factor for appraisal? a. Conformity b. Competition c. Highest and Best Use d. Substitution - n Ans C Qs Accurate record keeping is the responsibility of all brokers. If a broker's computers are stolen, what steps could have been taken to protect records? a. Offsite or cloud storage b. data encryption c. an alarm system d. an armed security guard - n...

Real Estate Vocabulary (PSI Real Estate Exam) Guiding questions And answers. Qs cooperative (Co-op) - n Ans A type of multiple ownership in which the residents of a multiunit housing complex own shares in the corporation that owns the property, giving each resident the right to occupy a specific apartment or unit. Qs cost approach - n Ans Process of estimating the value of a property by adding the appraiser's estimate of the reproduction or replacement cost of the building, less...

Real Estate Practice Exam Practice Questions with certified solutions Qs What should you do about material defect disclosures? - n Ans inform the buyer and seller Qs What is private mortgage insurance? - n Ans It protects the lender if there is default Qs What is the first step in the appraisal process? - n Ans Indicate objective of appraisal Qs 50. What is an example of external depreciation? - n Ans Nearby property that suffers from lack of maintenance and is ne...

National Real Estate Exam Prep Practice Questions and answers 2025 latest update Qs Condemnation - n Ans The PROCESS of the government taking a property by eminent domain. Qs Escheat - n Ans The state takes property upon an owners death if there is no will & no heirs exist. Qs Adverse Possession - n Ans A person takes possession & use of a property belonging to another. Possession must be open, notorious, hostile & uninterrupted for a certain period of time. Qs Abs...

Real Estate Continuing Education Practice Questions with certified solutions. Qs T/F: Under the Housing for Older Persons Act, certain 55-and-older communities may ban children if at least 80% of the units have at least one occupant who is at least 55 years of age - n Ans True Qs T/F: The exclusive use of English-only advertising when there are also many non-English speaking persons or other minority persons may be discriminatory - n Ans True Qs T/F: In the investigation of ...

California Real Estate Exam Multiple Choice Questions solved. Standard title insurance policy (CLTA) does NOT provide on-site inspection. Extended coverage (ALTA) would have covered this type of defect, but a property inspection would have been made prior to policy issuance anyway. Qs Fill in appropriately: "A trend in real estate ______________ the recession trends of business, and when business starts a swing upward." a. precedes, proceeds b. follows, lags behind c. lags be...

NYS Real Estate Practice Exam Questions and answers 2025 update What does the buyer attach to the contract after signing it? - n Ans Down payment Who holds the earnest deposit money from the buyer from the signing of the contract until closing? - n Ans The Sellers Attorney Who signs the contract last? - n Ans The Seller The fullest interest I can have in my ownership of realestate is? - n Ans Fee Simple Absolute In a commercial environment it is understood that if you ...

MA Real Estate Exam Study Guide questions with solutions 2025. Qs Special Assessments - n Ans A type of property tax applied to properties within a limited and determinable area, to offset the cost of providing those same properties with an advantage or betterment. Ex: taxing a neighborhood for sidewalk improvements done in their area. Also known as an improvement tax. Qs 6D Certificate - n Ans If the sale property is a condominium, this document states the amount the seller owes i...