PRINCIPLES OF REAL ESTATE 1 FINAL EXAM
NEWEST / QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS) A+ GRADE / 2025
If a real estate salesperson The salesperson's sponsoring broker
closes on a transaction, who
pays the salesperson their
commission?
Market Comparison Approach
A means of comparing
similar type properties,
which have recently sold, to
the subject property is
known as the?
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Terms in this set (63)
The market comparison Residential
approach is commonly used
for this property type?
, The amount of goods Supply
offered for sale within a
given market at a given
price during a given time
period is known as?
A real estate agent is an Special agent
example of what type of
agent?
A refrigerator is typically Personal Property
considered?
Mobile homes not Personal Property
permanently attached to the
land are generally
considered?
Which of the following is Mode and permanence of how the item was attached
considered a legal test for Adaptation of the item
determining if an item is a
Intention of the parties
fixture or not?
All of the above
The right of exclusion, which Bundle of rights
allows a landowner to
prevent others from entering
or occupying their property,
is included in the?
Which of the following is an Kitchen cabinets
example of a fixture?
Which of the following is an Potential for asset appreciation
advantage to owning a Tax benefits
home?
Pride of ownership
All of the above
NEWEST / QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS) A+ GRADE / 2025
If a real estate salesperson The salesperson's sponsoring broker
closes on a transaction, who
pays the salesperson their
commission?
Market Comparison Approach
A means of comparing
similar type properties,
which have recently sold, to
the subject property is
known as the?
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (63)
The market comparison Residential
approach is commonly used
for this property type?
, The amount of goods Supply
offered for sale within a
given market at a given
price during a given time
period is known as?
A real estate agent is an Special agent
example of what type of
agent?
A refrigerator is typically Personal Property
considered?
Mobile homes not Personal Property
permanently attached to the
land are generally
considered?
Which of the following is Mode and permanence of how the item was attached
considered a legal test for Adaptation of the item
determining if an item is a
Intention of the parties
fixture or not?
All of the above
The right of exclusion, which Bundle of rights
allows a landowner to
prevent others from entering
or occupying their property,
is included in the?
Which of the following is an Kitchen cabinets
example of a fixture?
Which of the following is an Potential for asset appreciation
advantage to owning a Tax benefits
home?
Pride of ownership
All of the above
