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PEARSON VUE REAL ESTATE INSURANCE
EXAM PREP UPDATED 2025-2026 WITH ALL
NEW QUESTIONS AND EXACTLY RIGHT
ANSWERS | A+ QUALITY GUARANTEE
1. What would result from a condition in a deed?
a. fee simple
b. defeasible fee
c. chattels real.
d. nonfreehold estate
ANSWER:
B. Defeasible Fee
Fee simple determinable is a defeasible estate that could be lost lost upon the
happening of a specified condition.
If a deed specifies that a grant shall be only "for as long as"; or while a property is
in a particular use, the length of the estate is really determined by the deed
2. J installed central air-conditioning in his home. the compressor unit, which
was located outside the home, would be regarded as what?
ANSWER:
Real property
3. an investor's personal assets could be subject to a creditor's claim in a...
ANSWER:
General Partnership
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An active partner and has unlimited personal liability for the debts of the
partnership. One general partner can personally obligate the other general partners
(Part of Tenancy in Partnership)
4. How does an S corporation differ from other corporations?
ANSWER:
Its investors have no personal liability
5. A tenant in a commercial building installed a large sign that was anchored to
the building with steel rods. Which term properly describes the sign?
A. Fixture
B. Trade fixture
C. Real Property
D. Emblement
ANSWER:
B. Trade Fixture
Installed by a tenant for the purpose of conducting a business or trade.
A tenant can remove a trade fixture but is liable for removal damage to real
property
6. What type of real property description would include reference to an iron
stake?
ANSWER:
Metes and bounds (aka measurements and directions)
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Shows the boundaries of parcel by measuring from point to point. The measuring
points in a metes-and-bounds description are known as monuments.
Two types of monuments
-natural monuments
tress, rocks, rivers
-artificial monuments
iron stakes, fences, roads
7. Real property interests include...
ANSWER:
an appurtenance that goes with the land.
Examples
buildings, fences, trees, water rights, the ground below, mineral rights, air rights,
easements
8. What is a form of ownership that is restricted to husbands and wives?
ANSWER:
Ten- ancy by the entirety.
Each owns the entire parcel. Neither can separately convey and interest during the
other's life time. On the death of a spouse, the survivor owns the property
Divorce would change this ownership to a tenancy in common
9. A tenancy in common differs from a joint tenancy in that...
PEARSON VUE REAL ESTATE INSURANCE
EXAM PREP UPDATED 2025-2026 WITH ALL
NEW QUESTIONS AND EXACTLY RIGHT
ANSWERS | A+ QUALITY GUARANTEE
1. What would result from a condition in a deed?
a. fee simple
b. defeasible fee
c. chattels real.
d. nonfreehold estate
ANSWER:
B. Defeasible Fee
Fee simple determinable is a defeasible estate that could be lost lost upon the
happening of a specified condition.
If a deed specifies that a grant shall be only "for as long as"; or while a property is
in a particular use, the length of the estate is really determined by the deed
2. J installed central air-conditioning in his home. the compressor unit, which
was located outside the home, would be regarded as what?
ANSWER:
Real property
3. an investor's personal assets could be subject to a creditor's claim in a...
ANSWER:
General Partnership
,2|Page
An active partner and has unlimited personal liability for the debts of the
partnership. One general partner can personally obligate the other general partners
(Part of Tenancy in Partnership)
4. How does an S corporation differ from other corporations?
ANSWER:
Its investors have no personal liability
5. A tenant in a commercial building installed a large sign that was anchored to
the building with steel rods. Which term properly describes the sign?
A. Fixture
B. Trade fixture
C. Real Property
D. Emblement
ANSWER:
B. Trade Fixture
Installed by a tenant for the purpose of conducting a business or trade.
A tenant can remove a trade fixture but is liable for removal damage to real
property
6. What type of real property description would include reference to an iron
stake?
ANSWER:
Metes and bounds (aka measurements and directions)
, 3|Page
Shows the boundaries of parcel by measuring from point to point. The measuring
points in a metes-and-bounds description are known as monuments.
Two types of monuments
-natural monuments
tress, rocks, rivers
-artificial monuments
iron stakes, fences, roads
7. Real property interests include...
ANSWER:
an appurtenance that goes with the land.
Examples
buildings, fences, trees, water rights, the ground below, mineral rights, air rights,
easements
8. What is a form of ownership that is restricted to husbands and wives?
ANSWER:
Ten- ancy by the entirety.
Each owns the entire parcel. Neither can separately convey and interest during the
other's life time. On the death of a spouse, the survivor owns the property
Divorce would change this ownership to a tenancy in common
9. A tenancy in common differs from a joint tenancy in that...
