NATIONAL REAL ESTATE PRACTICE TEST
EXAM LATEST 2026/2027 ALL STUDY
QUESTIONS WITH VERIFIED ANSWERS
100% TOP RATED | ASSURED PASS
,NATIONAL REAL ESTATE PRACTICE TEST EXAM LATEST
2026/2027 ALL STUDY QUESTIONS WITH VERIFIED
ANSWERS 100% TOP RATED | ASSURED PASS
A license holder has just attended a training seminar about technology in real estate and is
excited about using social media with her clients. Which of the following statements about social
media in real estate is NOT true? - Answer>>> an agent with permission to advertise a property
on social media does not have to worry about protecting confidential information about the client
A buyer and his agent visit a listed property. The buyer loves the property and wants to purchase
it. He speaks with the seller, who is at home at the time, and they come to an agreement
regarding price and terms. They shake hands on the agreement and the buyer happily leaves the
property. His agent should: - Answer>>> Warn the buyer that the verbal sales contract is
unenforceable
A seller wants to net $185,000 on the sale of his property. He must pay a loan balance of
$180,530 and closing costs at $10,000. The commission to the listing broker will be 6%. What is
the lowest price the property can sell for to accomplish this? - Answer>>> $399,500
What should a buyer do to ensure that his is getting the best title to real property? - Answer>>>
get a general warranty deed
A mobility impaired tenant has leased an apartment in a complex with unassigned parking. He
has requested an assigned reserved space near to his unit. What is true? - Answer>>> the
landlord must provide an assigned reserved space for the tenant near to the tenant's unit
An investor has 15 rent houses. He has hired an agent to lease the houses. Which of the
following actions by the agent would NOT be in violation of fair housing laws. - Answer>>>
refusing to show the houses to anyone over 75 years old
Which covenant in a deed guarantees that the owners will not suffer or be disturbed by any
claims on the property? - Answer>>> the covenant of quiet enjoyment
A salesperson designed an innovative tech in the office that would substantially improve service
to clients. He must - Answer>>> obtain permission from his broker before using it
, A property owner has decided to do some landscaping work on his yard. He has planted a tree
surrounded by some flowering shrubs. The tree and shrubs are an example of... - Answer>>>
improvements
A property owner has a waterfront lot on a stream. He has the right to use the water from the
stream. What is this right called? - Answer>>> riparian
A tenant is aware that his lease will expire at the end of the month. He has begun to disassemble
his display cabinets and shelves. Which of the following statements about this is true -
Answer>>> the tenant can take these as they are trade fixtures
A seller is attending the closing on his property. The title company has discovered an unsatisfied
M&M lien on the property. Which of the following is the most likely reason for the lien? -
Answer>>> plumbing work that was completed but never paid for
Excess money at a foreclosure sale goes to... - Answer>>> the borrower
After defaulting on a real estate loan, a borrower is able to pay off the loan prior to the
foreclosure sale. This is called: - Answer>>> right of redemption
The required distance between buildings and a federally protected endangered species wetlands
is an example of... - Answer>>> a buffer zone
A couple purchased a condominium. The complex has an exercise room for all residents. The
couple does not use the 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? - Answer>>> they must pay the fee as they have a
tenancy in common interest in all common areas
Which of the following is personal property? - Answer>>> a lease
A landlord leased space in his new retail property to an 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? - Answer>>> a percentage lease
A buyer has purchased a property and after closing the seller will continue to occupy the
property. This is an example of... - Answer>>> sale and leaseback
EXAM LATEST 2026/2027 ALL STUDY
QUESTIONS WITH VERIFIED ANSWERS
100% TOP RATED | ASSURED PASS
,NATIONAL REAL ESTATE PRACTICE TEST EXAM LATEST
2026/2027 ALL STUDY QUESTIONS WITH VERIFIED
ANSWERS 100% TOP RATED | ASSURED PASS
A license holder has just attended a training seminar about technology in real estate and is
excited about using social media with her clients. Which of the following statements about social
media in real estate is NOT true? - Answer>>> an agent with permission to advertise a property
on social media does not have to worry about protecting confidential information about the client
A buyer and his agent visit a listed property. The buyer loves the property and wants to purchase
it. He speaks with the seller, who is at home at the time, and they come to an agreement
regarding price and terms. They shake hands on the agreement and the buyer happily leaves the
property. His agent should: - Answer>>> Warn the buyer that the verbal sales contract is
unenforceable
A seller wants to net $185,000 on the sale of his property. He must pay a loan balance of
$180,530 and closing costs at $10,000. The commission to the listing broker will be 6%. What is
the lowest price the property can sell for to accomplish this? - Answer>>> $399,500
What should a buyer do to ensure that his is getting the best title to real property? - Answer>>>
get a general warranty deed
A mobility impaired tenant has leased an apartment in a complex with unassigned parking. He
has requested an assigned reserved space near to his unit. What is true? - Answer>>> the
landlord must provide an assigned reserved space for the tenant near to the tenant's unit
An investor has 15 rent houses. He has hired an agent to lease the houses. Which of the
following actions by the agent would NOT be in violation of fair housing laws. - Answer>>>
refusing to show the houses to anyone over 75 years old
Which covenant in a deed guarantees that the owners will not suffer or be disturbed by any
claims on the property? - Answer>>> the covenant of quiet enjoyment
A salesperson designed an innovative tech in the office that would substantially improve service
to clients. He must - Answer>>> obtain permission from his broker before using it
, A property owner has decided to do some landscaping work on his yard. He has planted a tree
surrounded by some flowering shrubs. The tree and shrubs are an example of... - Answer>>>
improvements
A property owner has a waterfront lot on a stream. He has the right to use the water from the
stream. What is this right called? - Answer>>> riparian
A tenant is aware that his lease will expire at the end of the month. He has begun to disassemble
his display cabinets and shelves. Which of the following statements about this is true -
Answer>>> the tenant can take these as they are trade fixtures
A seller is attending the closing on his property. The title company has discovered an unsatisfied
M&M lien on the property. Which of the following is the most likely reason for the lien? -
Answer>>> plumbing work that was completed but never paid for
Excess money at a foreclosure sale goes to... - Answer>>> the borrower
After defaulting on a real estate loan, a borrower is able to pay off the loan prior to the
foreclosure sale. This is called: - Answer>>> right of redemption
The required distance between buildings and a federally protected endangered species wetlands
is an example of... - Answer>>> a buffer zone
A couple purchased a condominium. The complex has an exercise room for all residents. The
couple does not use the 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? - Answer>>> they must pay the fee as they have a
tenancy in common interest in all common areas
Which of the following is personal property? - Answer>>> a lease
A landlord leased space in his new retail property to an 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? - Answer>>> a percentage lease
A buyer has purchased a property and after closing the seller will continue to occupy the
property. This is an example of... - Answer>>> sale and leaseback
