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Examen

SUPERIOR SCHOOL OF REAL ESTATE FINAL PAPER 2026 COMPLETE QUESTIONS AND ANSWERS

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SUPERIOR SCHOOL OF REAL ESTATE FINAL PAPER 2026 COMPLETE QUESTIONS AND ANSWERS

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SUPERIOR SCHOOL OF REAL ESTATE FINAL
PAPER 2026 COMPLETE QUESTIONS AND
ANSWERS

◉ Jason's property is adjacent to a navigable river in North Carolina
and Jason wants to sell his property. Which of the following
statements is true?


A. Jason can restrict the public from using that portion of the river
that is next to his property
B. An owner can sell the property and retain his rights to access the
river once it is sold
C. Jason's land ends at the center of the waterway
D. If Jason obtains proper permits and builds a dock on the river, the
dock will automatically become owned by the public. Answer: B. An
owner can sell the property and retain his rights to access the river
once it is sold


◉ The owner of two acres of land sold one acre but retained an
appurtenant easement over that land for ingress and egress to his
retained lot. The retained lot:


A. is the dominant tenement

,B. serves as the servient tenement
C. can be cleared of the easement when it is sold to a third party
D. is subject to an easement in gross. Answer: A. is the dominant
tenement


◉ Which of the following liens generally holds first priority?


A. mortgage lien
B. purchase money lien
C. ad valorem real estate tax lien
D. federal income tax lien. Answer: C. ad valorem real estate tax lien


◉ Title to real estate passes when a valid deed is:


A. signed and recorded
B. signed, delivered and accepted
C. filed and microfilmed
D. executed and mailed. Answer: B. signed, delivered and accepted


◉ Which of the following is an essential element of a valid North
Carolina deed?

,A. a seal
B. recordation
C. the signature of the grantee
D. words of conveyance. Answer: D. words of conveyance


◉ Regarding title recordation, which of the following statement(s)
is/are true? l. Physically taking possession of the property is
constructive notice. ll. Public notice of recording documents is actual
notice.


A. l only
B. ll only
C. Both l and ll
D. Neither l nor ll. Answer: D. Neither l nor ll


◉ The recording of a deed:


A. is required in order to fully transfer the title of the real estate
B. makes the deed enforceable
C. ensures the grantee's interest in a parcel of real estate
D. warrants the grantee's title to real property. Answer: B. makes the
deed enforceable

, ◉ Determine the excise tax to be paid on a house that sells for
$268,210 if the buyer makes a $25,000 down payment and the seller
takes back a second mortgage for $50,000?


A. $536.42
B. $537
C. $533
D. $538. Answer: B. $537


◉ Deed restrictions can be created by all of the following, EXCEPT:


A. deeds
B. statutes
C. written agreements
D. general plans of a subdivision. Answer: B. statutes


◉ The enforcement of zoning requirements occurs by:


A. local homeowners' associations
B. local municipalities through the Enabling Act
C. The NC Department of Transportation

Información del documento

Subido en
26 de febrero de 2026
Número de páginas
61
Escrito en
2025/2026
Tipo
Examen
Contiene
Preguntas y respuestas
$13.99

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