COLIBRI REAL ESTATE EXAM 2026/2027 | ACTUAL QUESTIONS
WITH COMPLETE SOLUTIONS AND RATIONALES
Section 1 — Property Ownership and Land Use
1. Which of the following is considered real property?
A. A movable sofa
B. A refrigerator not attached to the property
C. Land and permanently attached improvements
D. A tenant's personal computer
Answer: C
Rationale: Real property generally includes land, improvements
permanently attached to it, and associated legal rights.
2. Which characteristic distinguishes real property from personal
property?
A. Real property is always more valuable
B. Real property is generally immovable
C. Personal property cannot be sold
D. Real property cannot be transferred
Answer: B
Rationale: Real property is generally associated with land and things
permanently attached to it, while personal property is movable.
3. An item that was once personal property but becomes attached to
real estate is commonly called a:
A. Trade secret
B. Fixture
,C. Chattel mortgage
D. Leasehold
Answer: B
Rationale: A fixture is personal property that has become attached to
real property in a manner that indicates permanence.
4. Which test is commonly used to determine whether an item has
become a fixture?
A. MARIA
B. COSTAR
C. PETRA
D. LENDER
Answer: A
Rationale: MARIA is a common mnemonic for Method of attachment,
Adaptability, Relationship of the parties, Intention, and Agreement.
5. A tenant installs removable shelving for use in operating a business.
The shelving may qualify as:
A. A trade fixture
B. An easement
C. An appurtenance
D. An estate in land
Answer: A
Rationale: Trade fixtures are items installed by a tenant for business
purposes and are generally removable subject to the lease and
applicable law.
6. An easement gives one party:
,A. Ownership of another person's entire property
B. A nonpossessory right to use another's land for a specified purpose
C. A mortgage interest
D. A life estate automatically
Answer: B
Rationale: An easement is generally a nonpossessory interest that
permits a specific use of another person's land.
7. An easement that benefits a particular parcel of land is an:
A. Easement in gross
B. Appurtenant easement
C. License
D. Encroachment
Answer: B
Rationale: An easement appurtenant benefits a dominant parcel and
burdens a servient parcel.
8. A utility company's right to run lines across private property is
commonly an:
A. Easement in gross
B. Life estate
C. Estate for years
D. Joint tenancy
Answer: A
Rationale: Utility easements commonly benefit an organization or
person rather than a specific neighboring parcel.
9. An encroachment occurs when:
, A. A tenant stops paying rent
B. A structure or improvement extends onto another person's property
C. A mortgage is paid off
D. A deed is recorded
Answer: B
Rationale: An encroachment is an unauthorized physical intrusion
across a property boundary.
10. Which estate provides the greatest bundle of ownership rights?
A. Life estate
B. Fee simple absolute
C. Estate for years
D. Tenancy at sufferance
Answer: B
Rationale: Fee simple absolute represents the broadest form of private
ownership recognized in real property.
11. A life estate lasts:
A. For a specified number of years only
B. For the life of a designated person
C. Forever
D. Until the mortgage matures
Answer: B
Rationale: A life estate terminates upon the death of the measuring
life.
12. A person who holds a life estate is called a:
A. Remainderman
B. Life tenant
WITH COMPLETE SOLUTIONS AND RATIONALES
Section 1 — Property Ownership and Land Use
1. Which of the following is considered real property?
A. A movable sofa
B. A refrigerator not attached to the property
C. Land and permanently attached improvements
D. A tenant's personal computer
Answer: C
Rationale: Real property generally includes land, improvements
permanently attached to it, and associated legal rights.
2. Which characteristic distinguishes real property from personal
property?
A. Real property is always more valuable
B. Real property is generally immovable
C. Personal property cannot be sold
D. Real property cannot be transferred
Answer: B
Rationale: Real property is generally associated with land and things
permanently attached to it, while personal property is movable.
3. An item that was once personal property but becomes attached to
real estate is commonly called a:
A. Trade secret
B. Fixture
,C. Chattel mortgage
D. Leasehold
Answer: B
Rationale: A fixture is personal property that has become attached to
real property in a manner that indicates permanence.
4. Which test is commonly used to determine whether an item has
become a fixture?
A. MARIA
B. COSTAR
C. PETRA
D. LENDER
Answer: A
Rationale: MARIA is a common mnemonic for Method of attachment,
Adaptability, Relationship of the parties, Intention, and Agreement.
5. A tenant installs removable shelving for use in operating a business.
The shelving may qualify as:
A. A trade fixture
B. An easement
C. An appurtenance
D. An estate in land
Answer: A
Rationale: Trade fixtures are items installed by a tenant for business
purposes and are generally removable subject to the lease and
applicable law.
6. An easement gives one party:
,A. Ownership of another person's entire property
B. A nonpossessory right to use another's land for a specified purpose
C. A mortgage interest
D. A life estate automatically
Answer: B
Rationale: An easement is generally a nonpossessory interest that
permits a specific use of another person's land.
7. An easement that benefits a particular parcel of land is an:
A. Easement in gross
B. Appurtenant easement
C. License
D. Encroachment
Answer: B
Rationale: An easement appurtenant benefits a dominant parcel and
burdens a servient parcel.
8. A utility company's right to run lines across private property is
commonly an:
A. Easement in gross
B. Life estate
C. Estate for years
D. Joint tenancy
Answer: A
Rationale: Utility easements commonly benefit an organization or
person rather than a specific neighboring parcel.
9. An encroachment occurs when:
, A. A tenant stops paying rent
B. A structure or improvement extends onto another person's property
C. A mortgage is paid off
D. A deed is recorded
Answer: B
Rationale: An encroachment is an unauthorized physical intrusion
across a property boundary.
10. Which estate provides the greatest bundle of ownership rights?
A. Life estate
B. Fee simple absolute
C. Estate for years
D. Tenancy at sufferance
Answer: B
Rationale: Fee simple absolute represents the broadest form of private
ownership recognized in real property.
11. A life estate lasts:
A. For a specified number of years only
B. For the life of a designated person
C. Forever
D. Until the mortgage matures
Answer: B
Rationale: A life estate terminates upon the death of the measuring
life.
12. A person who holds a life estate is called a:
A. Remainderman
B. Life tenant
