COMPLETE 300 REAL EXAM QUESTIONS WITH DETAILED
CORRECT ANSWERS (VERIFIED ANSWERS )
/ALREADY GRADED A+
Upon signing a management contract with an
owner, a broker becomes a/an:
A.
trustee
B.
receiver
C.
director
D. agent -
ANSWER -D
Which of the following would cause a deed to be void?
A. fraud
B. undue influence
C. illegal purpose
D. duress - ANSWER -C
Which of the following listings is the most advantageous to the
broker?
A. exclusive right to sell
B. exclusive agency
C. MLS
,D. implied - ANSWER -A
When a contract is breached, the injured party
A. may not sue for money damages
B. may not sue for specific damages
C. may rescind the contract bilaterally
D. may rescind the contract unilaterally - ANSWER -D
Property held in joint tenancy passes to the ______ upon the death
of one of the owners - ANSWER -surviving
owners
A joint tenant wants to sell his interest in a real property without the
consent of the other joint tenants. Can he do this? - ANSWER -Yes,
because each joint tenant has separate ownership rights and can
act independently of the other tenants.
A tenancy in severalty exists when
A. husband and wife own property together
B. any related persons hold real estate together
C. one person owns real estate
D. the tenant has the right to sublet - ANSWER -C
When would title be transferred by the
laws of intestate succession?
,A. testator has
living heirs
B. voluntary
alienation
C. pursuant to descent
and distribution
D. there is a will -
ANSWER –C
In order to examine a recorded deed, which
of the following is necessary?
A. written
permission of the
owner
B. an
inquiry
notice
C. a court
order
D. none of these
choices - ANSWER -D
If a seller deposits the deed with an escrow agent but the seller
dies before it is delivered to the purchaser, the
transfer of title becomes effective on the date the deed
was deposited into escrow due to the:
, A. parties'
consent
B. law of
contracts
C. the parol
evidence rule
D. the doctrine of relation-
back - ANSWER -D
All of the following would be considered an
involuntary alienation of property EXCEPT:
A.
Foreclosure
B. Eminent
domain
C. devise
D. adverse possession -
ANSWER -C
Under which of the following conditions would a buyer most likely
sue for specific performance?
A. if the seller did not inform the buyer that the property being
purchased is a servient estate (easement placed upon it)
B. If the seller defaulted on the contract before closing
C. if the broker lied about the location of the schools
D. if the salesperson misquoted the size of the lot - ANSWER -B