PSI Real Estate

This document contains updated questions and correct answers for the PSI Real Estate licensing exam, aligned with the 2026–2027 testing standards. It covers national real estate principles as well as exam-focused topics to support effective review and licensing exam preparation.

PSI Real Estate Exam Practice of Real Estate 2025 Graded A.PSI Real Estate Exam Practice of Real Estate 2025 Graded A.

PSI Real Estate Exam Practice of Real Estate QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)

PSI Real Estate Exam: Practice of Real Estate (2022/2023) Graded A Annual Percentage Rate (APR) The total cost of financing a loan in percentage terms, as a relationship of the total finance charges to the total amount financed. Blockbusting The illegal practice of inducing owners to sell their homes (often at a deflated price) by suggesting that the ethnic or racial composition of the neighborhood is changing, with the implication that property values will decline as a result. Also called...

PSI Real Estate Exam: Transfer of Title (2022/2023) Already Passed Acknowledgment When a person who has signed a document formally declares to an authorized official (usually a notary public) that he or she signed voluntarily. The official certifies that the signature is voluntary and genuine. Adverse Possession Acquiring title to someone else's real property by possession of it. The possession must be open and notorious, hostile and adverse, exclusive, and continuous for more than 21 ye...

PSI Exam: Real Estate Calculations (2022/2023) Loan to Value Ratio its the ratio of the loan amount to the property value, where value is the lesser of either appraised value or sales price LTVR= (loan amount/value) x 100 each discount point costs 1% of the loan amount, and means a discount of 0.25% off the mortgage rate amount paid for points= loan amount x number of points % equity is the amount of value or interest a homeowner has in a property less debts against the property equity...

PSI Real Estate Test MA - State Portion Only Already Graded A A farmer temporarily installs produce coolers in a leased farm stand in order to prevent spoilage. The coolers would be considered which of the following? Trade fixtures that are personal property Property can be converted from real to personal property and from personal to real property by means of which processes, respectively? Severance and affixing The highest form of ownership interest one can acquire in real estate is the...