CE Shop National Exam Questions with Correct Answers 2026 | Complete Real Estate License Exam Study Guide

CESHOPNATIONALEXAMQUESTIONS b b b b




WITH CORRECT ANSWERS 2026
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Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 states that its
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purpose, in part, is to require that real estate appraisals used in connection with federally re lated
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transactions be performed
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By licensed real estate professionals
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By members of the Appraisal Foundation
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In the most expeditious and inexpensive way possible
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In writing, and in accordance with uniform standards - CORRECT ANSWER - In
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writing, and in accordance with uniform standards
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Kurt bought a vacant lot in a development that was 85% completed. When he started working with
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the builder to lay out where the house and driveway would lie, it was determined that he would
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need an easement because his driveway would spill over onto the adjacent lot by a few feet. What
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type of easement is this?
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Easement appurtenant b




Easement by necessity b b




Easement by prescription b b




Easement in gross - CORRECT ANSWER -Easement appurtenant b b b b b b b

,Brittany has a small office in a professional building. She has a set monthly lease payment that has
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been calculated to include maintenance of the common areas in the building, such as the r estroom
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and small kitchen, and all nets, utilities, and janitorial charges for her space. The pay ment also
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includes taxes and insurance. The landlord takes these payments and pays the indivi dual expenses
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himself. What type of lease does Brittany have?
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Graduated lease b




Gross lease b




Net lease b




Percentage lease - CORRECT ANSWER -Gross lease b b b b b b




(In a gross lease, all expenses related to the property, such as taxes, insurance, and maintenan ce,
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are part of the lease payment.)
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Which of these is a violation of the RRP Rule?
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A homeowner performs DIY work in a home built prior to 1978.
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A seller of a home built in 1952 doesn't make the appropriate lead disclosures.
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Contractors from a home improvement store install windows or doors. b b b b b b b b b




Contractors perform renovations that disturb lead- b b b b b




based paint without holding proper certification. - CORRECT ANSWER -
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,Contractors perform renovations that disturb lead- b b b b b




based paint without holding proper certification.
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(The federal Lead Renovation, Repair, and Painting (RRP) Rule requires firms that do renovation or
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repair work in homes built prior to 1978 to be properly certified in using lead-
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safe work practices, but it doesn't prohibit DIY work.)
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Marketo Building Designs is selling the air rights above its office building. The lot is 450 feet by 350
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feet. How would you determine the air lot height in order to calculate the area?
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The area of an air lot can't be calculated because the height is unlimited.
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The city or other governing authority establishes the air lot's height.
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The height of all air lots is 500 feet above the existing structure.
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The height of the air lot is equal to the height of the structure under it. - CORRECT ANSWER - The city
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or other governing authority establishes the air lot's height.
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Nathan was painting the siding on his home when he was interrupted by a neighbor who infor med
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him that he had to have the paint color approved before using it. Nathan lives in a neighb orhood
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with
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Conditions



Environmental regulations b




HOA regulations b

, Police power - CORRECT ANSWER -HOA regulations
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(HOA regulations are often used to enforce a certain visual or aesthetic style in a neighborhoo d.)
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An example of this type of leasehold estate is a month-to-month lease.
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Estate at sufferance
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Estate at will b b




Estate for months
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Periodic estate - CORRECT ANSWER -Periodic estate
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(A periodic estate automatically renews at the end of its lease term, such as at the end of a giv en
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month.)
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Ashton, an appraiser, is estimating value using the sales comparison approach. He applies mor e
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weight to two comparables over several others he used. What process is he utilizing?
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Averaging



Bracketing



Conformity