Barney Fletcher Real Estate Exam Ques ons and
answers Updated with complete solu on updated
2025/2026 new!!
Assemblage - Ans combining two or more con guous parcels of real estate into a single parcel
under one ownership
plo age - Ans an increase in value resul ng from assemblage
fixture - Ans personal property that is permanently a ached to real property and goes with the
property when its sold
what makes something a fixture - Ans if object was fixed or installed with the inten on of
improving the home
appurtenances - Ans when new fixtures are a ached ex. heat/air, roof
have brokers license but are working for another broker - Ans associate broker
principal/employing broker - Ans in charge of and responsible for all real estate opera ons
conducted by a real estate brokerage firm
which type of land descrip on are the proper es described as they relate to meridians - Ans
government / rectangular survey
aliena on of tle - Ans any change of ownership - transferring ownership rights or interests in
real property from one person to another
,legal tle - Ans right of ownership of a parcel of real property held by an owner
equitable tle - Ans interest in a piece of real estate held by a buyer held under a contract to
obtain absolute ownership of the property at a future date
bare legal tle - Ans lacks the usual rights and privileges associated with ownership
construc ve no ce - Ans informa on has been made available to the public
inquiry no ce - Ans when factors exist that make someone inquire further
ex. dirt road running across you would inquire whether there is an easement in place
marketable tle - Ans a tle free from reasonable doubt as to who the owner is
abstract of tle - Ans detailed report of the tle search
torrens system - Ans an owner pe ons the state court to register his property
transfer of land
allodial system - Ans individuals are able to own land
eminent domain - Ans right of govs to assume property for necessary public use
escheat - Ans power the gov has when someone dies intestate and leaves no known heirs
, PETE - powers of gov over tle - Ans police power, eminent domain, taxa on, escheat
encroachment - Ans unauthorized infringement on a property owners rights as a result of
physical intrusion
freehold estate - Ans highest and most complete form of ownership
seisin - Ans possession of freehold estate
qualified fee estate - Ans a fee simple estate that has certain limita ons / qualifica ons
- owner holds fee simple tle
defeasible - Ans capable of being voided/defeated
life estate - Ans fee simple estate that is conveyed to a person for the dura on of their life
remainder estate - Ans future interest in real estate created at same me and by same
instrument as other state
statutory estate - Ans any state created by the law/ gov
Non-freehold estates - Ans for years, year to year, at will, sufferance
for years - Ans definite beginning and definite end
year to year - Ans indefinite number of me periods
ex. month to month or week to week rental
answers Updated with complete solu on updated
2025/2026 new!!
Assemblage - Ans combining two or more con guous parcels of real estate into a single parcel
under one ownership
plo age - Ans an increase in value resul ng from assemblage
fixture - Ans personal property that is permanently a ached to real property and goes with the
property when its sold
what makes something a fixture - Ans if object was fixed or installed with the inten on of
improving the home
appurtenances - Ans when new fixtures are a ached ex. heat/air, roof
have brokers license but are working for another broker - Ans associate broker
principal/employing broker - Ans in charge of and responsible for all real estate opera ons
conducted by a real estate brokerage firm
which type of land descrip on are the proper es described as they relate to meridians - Ans
government / rectangular survey
aliena on of tle - Ans any change of ownership - transferring ownership rights or interests in
real property from one person to another
,legal tle - Ans right of ownership of a parcel of real property held by an owner
equitable tle - Ans interest in a piece of real estate held by a buyer held under a contract to
obtain absolute ownership of the property at a future date
bare legal tle - Ans lacks the usual rights and privileges associated with ownership
construc ve no ce - Ans informa on has been made available to the public
inquiry no ce - Ans when factors exist that make someone inquire further
ex. dirt road running across you would inquire whether there is an easement in place
marketable tle - Ans a tle free from reasonable doubt as to who the owner is
abstract of tle - Ans detailed report of the tle search
torrens system - Ans an owner pe ons the state court to register his property
transfer of land
allodial system - Ans individuals are able to own land
eminent domain - Ans right of govs to assume property for necessary public use
escheat - Ans power the gov has when someone dies intestate and leaves no known heirs
, PETE - powers of gov over tle - Ans police power, eminent domain, taxa on, escheat
encroachment - Ans unauthorized infringement on a property owners rights as a result of
physical intrusion
freehold estate - Ans highest and most complete form of ownership
seisin - Ans possession of freehold estate
qualified fee estate - Ans a fee simple estate that has certain limita ons / qualifica ons
- owner holds fee simple tle
defeasible - Ans capable of being voided/defeated
life estate - Ans fee simple estate that is conveyed to a person for the dura on of their life
remainder estate - Ans future interest in real estate created at same me and by same
instrument as other state
statutory estate - Ans any state created by the law/ gov
Non-freehold estates - Ans for years, year to year, at will, sufferance
for years - Ans definite beginning and definite end
year to year - Ans indefinite number of me periods
ex. month to month or week to week rental
