National Real Estate Exam Practice Questions Questions with
100% Verified Answers Latest Update
Question: Answer:
A property owner has decided to do some landscaping work improvements
on his yard. He has planted a tree surrounded by some
flowering shrubs. The tree and shrubs are an example of...
Question: Answer:
A property owner has a waterfront lot on a stream. He has the riparian
right to use the water from the stream. What is this right
called?
Question: Answer:
A tenant is aware that his lease will expire at the end of the the tenant can take these as they are trade fixtures
month. He has begun to disassemble his display cabinets and
shelves. Which of the following statements about this is true
Question: Answer:
A seller is attending the closing on his property. The title plumbing work that was completed but never paid for
company has discovered an unsatisfied M&M lien on the
property. Which of the following is the most likely reason for
the lien?
Question: Answer:
A listing agent went to inspect a seller's property hoping to list encroachment
it for sale. The seller told the listing agent that his neighbor's
satellite dish trespasses on his property. This is an example of...
Question: Answer:
A father gives his son a life estate on a property. The son it goes back to the son until he dies
leases the property. The tenant dies. What happens to the
property?
,Question: Answer:
A man leaves his second wife a life estate in their home after are remaindermen
which the property goes to his children from his first marriage.
The children...
Question: Answer:
Which of the following statements about an easement is true? an easement is a benefit to the dominant property owner
Question: Answer:
P, Q and R are joint tenants. P wants to sell the property, but Q file a suit for partition
and R do not. What can P do?
Question: Answer:
A, B and C are joint tenants. C dies. B sells his share to D. What tenants in common
type of ownership do A and D have?
Question: Answer:
Under what right can the government change property use police power
from commercial to residential only?
Question: Answer:
Ownership of the common areas of condominiums is most tenancy in common
likely to be:
Question: Answer:
What should a buyer do to ensure that his is getting the best get a general warranty deed
title to real property?
Question: Answer:
Which covenant in a deed guarantees that the owners will not the covenant of quiet enjoyment
suffer or be disturbed by any claims on the property?
Question: Answer:
Excess money at a foreclosure sale goes to... the borrower
, Question: Answer:
After defaulting on a real estate loan, a borrower is able to right of redemption
pay off the loan prior to the foreclosure sale. This is called:
Question: Answer:
The required distance between buildings and a federally a buffer zone
protected endangered species wetlands is an example of...
Question: Answer:
A couple purchased a condominium. The complex has an they must pay the fee as they have a tenancy in common interest in
exercise room for all residents. The couple does not use the all common areas
exercise room and does not want to pay the monthly fee for
the use of the facility. What can they do to avoid this fee?
Question: Answer:
Which of the following is personal property? a lease
Question: Answer:
A landlord leased space in his new retail property to an a percentage lease
inexperienced business person. Based on location and the
type of business, the landlord believes it will be a great
success. What type of lease can he enter into with the tenant
that will allow the landlord to benefit from the tenant's
success?
Question: Answer:
A buyer has purchased a property and after closing the seller sale and leaseback
will continue to occupy the property. This is an example of...
Question: Answer:
Your client will be able to qualify for a property they wish to lease with an option to buy
purchase in about 6 months, after they had an opportunity to
reduce their consumer debt. They have found a property that
they would like to purchase now. What type of agreement can
they enter into with a seller that will allow them to occupy the
property now and purchase it within the 6 months?
100% Verified Answers Latest Update
Question: Answer:
A property owner has decided to do some landscaping work improvements
on his yard. He has planted a tree surrounded by some
flowering shrubs. The tree and shrubs are an example of...
Question: Answer:
A property owner has a waterfront lot on a stream. He has the riparian
right to use the water from the stream. What is this right
called?
Question: Answer:
A tenant is aware that his lease will expire at the end of the the tenant can take these as they are trade fixtures
month. He has begun to disassemble his display cabinets and
shelves. Which of the following statements about this is true
Question: Answer:
A seller is attending the closing on his property. The title plumbing work that was completed but never paid for
company has discovered an unsatisfied M&M lien on the
property. Which of the following is the most likely reason for
the lien?
Question: Answer:
A listing agent went to inspect a seller's property hoping to list encroachment
it for sale. The seller told the listing agent that his neighbor's
satellite dish trespasses on his property. This is an example of...
Question: Answer:
A father gives his son a life estate on a property. The son it goes back to the son until he dies
leases the property. The tenant dies. What happens to the
property?
,Question: Answer:
A man leaves his second wife a life estate in their home after are remaindermen
which the property goes to his children from his first marriage.
The children...
Question: Answer:
Which of the following statements about an easement is true? an easement is a benefit to the dominant property owner
Question: Answer:
P, Q and R are joint tenants. P wants to sell the property, but Q file a suit for partition
and R do not. What can P do?
Question: Answer:
A, B and C are joint tenants. C dies. B sells his share to D. What tenants in common
type of ownership do A and D have?
Question: Answer:
Under what right can the government change property use police power
from commercial to residential only?
Question: Answer:
Ownership of the common areas of condominiums is most tenancy in common
likely to be:
Question: Answer:
What should a buyer do to ensure that his is getting the best get a general warranty deed
title to real property?
Question: Answer:
Which covenant in a deed guarantees that the owners will not the covenant of quiet enjoyment
suffer or be disturbed by any claims on the property?
Question: Answer:
Excess money at a foreclosure sale goes to... the borrower
, Question: Answer:
After defaulting on a real estate loan, a borrower is able to right of redemption
pay off the loan prior to the foreclosure sale. This is called:
Question: Answer:
The required distance between buildings and a federally a buffer zone
protected endangered species wetlands is an example of...
Question: Answer:
A couple purchased a condominium. The complex has an they must pay the fee as they have a tenancy in common interest in
exercise room for all residents. The couple does not use the all common areas
exercise room and does not want to pay the monthly fee for
the use of the facility. What can they do to avoid this fee?
Question: Answer:
Which of the following is personal property? a lease
Question: Answer:
A landlord leased space in his new retail property to an a percentage lease
inexperienced business person. Based on location and the
type of business, the landlord believes it will be a great
success. What type of lease can he enter into with the tenant
that will allow the landlord to benefit from the tenant's
success?
Question: Answer:
A buyer has purchased a property and after closing the seller sale and leaseback
will continue to occupy the property. This is an example of...
Question: Answer:
Your client will be able to qualify for a property they wish to lease with an option to buy
purchase in about 6 months, after they had an opportunity to
reduce their consumer debt. They have found a property that
they would like to purchase now. What type of agreement can
they enter into with a seller that will allow them to occupy the
property now and purchase it within the 6 months?
