Latest 2025|Barney Fletcher Real Estate
Exam Questions and Correct
Answers
trade - ANSWER: > a fixture can be affixed to real property without becoming legal part of the
property
False - ANSWER: > Trade fixtures may not be removed from leased premises once they are affixed. T/F?
True - ANSWER: > Trade fixtures do not include replacement fixtures. T/F?
emblements - ANSWER: > Fructus industriales is another term for:
Chattel - ANSWER: > all property other than real property is known as
True - ANSWER: > A bill of sale is to personal property as a deed is to real property. T/F?
Price - ANSWER: > The actual amount of money paid for a particular parcel of real estate is said to be
that property's:
False - ANSWER: > In an ideal market, the forces of supply and demand are always chaotic. T/F?
his or her broker-employer - ANSWER: > A licensed real estate salesperson may legally accept an extra
commission for a difficult sale from:
A - ANSWER: > Owner Kelly is leaving the area for a one year period. She asks salesperson Boren to
manage her rental house for $45/mo while she is gone. Which of the following is true in this situation?
A. Boren must work through her broker
B. Boren must put the $45 in an interest bearing escrow account
C. This is OK because the compensation is less than $1,000
D. This is OK because the time element is not more than one year
Broker - ANSWER: > A salesperson represents the
A - ANSWER: > Which of the following is required to hold a real estate license?
A. A person who, for compensation, helps sell his neighbor's home
B. A government employee selling land owned by the government
C. A property manager leasing property in the course of his employment for the owner.
D. All of these choices
False - ANSWER: > Our free enterprise system is free from government economic controls. T/F?
the general public - ANSWER: > The purpose of a state real estate regulatory board is to protect:
,False - ANSWER: > A mushroom farm is industrial property. T/F?
,C - ANSWER: > Special purpose properties include all of the following EXCEPT:
A. Churches
B. Hospitals
C. Industrial park
D. Nursing homes
A - ANSWER: > Commercial property includes all but which of the following?
A. horse ranch
B. office buildings
C. restaurants
D. vacant land suitable for commercial development
False - ANSWER: > A hospital is a commercial property. T/F?
False - ANSWER: > An industrial park is commercial property. T/F?
D - ANSWER: > Which of the following is not considered a legal description?
A. Metes and bounds
B. Lot and block
C. Government method of survey
D. Street address, city, state and zip code
Monuments method - ANSWER: > The least accurate method of legal description is the:
640 - ANSWER: > If a person owns a square parcel of land that is 1 mile on each side, the person owns
how many acres?
False - ANSWER: > Surface rights consist of only the right to control, occupy, and use the surface area of
a parcel of real estate. T/F?
D - ANSWER: > Mineral rights are:
A. Always considered to be personal property
B. Always pass with the land
C. Cannot be sold separately from the land
D. Pass with the land, unless otherwise specified in the deed
C - ANSWER: > Which of the following is NOT an improvement of land?
, A. nBuilding
B. nSidewalk
C. nCorn ncrop
D. nFlower nbed
A n- nANSWER: n> nSix nmonths nafter nBrady nbought nhis nhome, nhe ninstalled ncustom nmade nstorm nwindows
nand ndoors nthroughout nthe nhouse. nLater, nwhen nhe nsells nhis nproperty, nwill nthese nstorm nwindows nand
ndoors nautomatically nconvey nwith nthe nhouse?
A. nYes, nunless nin nadvance nof nthe nsale, nBrady nclearly nspecifies nthat nthey nwill nbe nremoved.
B. nYes, nif nhe nlived nin nthe nproperty nat nleast na nyear nbefore nthe nsale.
C. nNo, nbecause nthey nwere nnot npart nof nthe noriginal nstructure
D. nNo, nbecause nthey ncan nbe nremoved, nif nthey nare ntaken noff ncarefully
A n- nANSWER: n> nDavid nowns nproperty nalong nthe nbanks nof nthe nLittle nBig nHorn nRiver. nScott nowns
nproperty nadjoining nDavid's, nand nhas naccess nto nthe nhighway, nbut nnot nto nthe nriver. nScott nand nDavid
ngrant neach nother nappurtenant neasements nto ncross neach nothers nproperty nto nget nto nthe nroad nand nthe
nriver nrespectively. nThe nriparian nrights nassociated nwith nproperty nownership nbelong nto:
A. nDavid nbecause nhis nproperty nborders nthe nriver
B. nScott, nbecause nhe nhas nan neasement nto ncross nDavid's nland
C. nBoth nDavid nand nScott
D. nNeither
C n- nANSWER: n> nWhich nof nthe nfollowing nis nNOT na ntest nof na nfixture?
A. nManner nof nattachment
B. nAn nagreement nbetween nthe nparties
C. nTime nof nattachment
D. nManner nof nadaptation
B n- nANSWER: n> nWhich nof nthe nfollowing nbest ndescribes na nparcel nof nland?
A. nThe nsurface nof nthe nearth nincluding ncontrol nof nall nminerals nand nsubstances nbeneath
B. nThe nsurface nof nthe nearth nextending ndown nto nthe ncenter nand nupward nto nthe nsky
C. nThe nearth's nsurface nclosely nmarked nby ncertain nboundaries
D. nThe nsurface nof nthe nearth nextending ndown na nreasonable ndistance nand nup ninto nthe nair na nreasonable
ndistance
False n- nANSWER: n> nLittoral nrights nis na nterm nreferring nto nall nwater nrights nT/F?
Exam Questions and Correct
Answers
trade - ANSWER: > a fixture can be affixed to real property without becoming legal part of the
property
False - ANSWER: > Trade fixtures may not be removed from leased premises once they are affixed. T/F?
True - ANSWER: > Trade fixtures do not include replacement fixtures. T/F?
emblements - ANSWER: > Fructus industriales is another term for:
Chattel - ANSWER: > all property other than real property is known as
True - ANSWER: > A bill of sale is to personal property as a deed is to real property. T/F?
Price - ANSWER: > The actual amount of money paid for a particular parcel of real estate is said to be
that property's:
False - ANSWER: > In an ideal market, the forces of supply and demand are always chaotic. T/F?
his or her broker-employer - ANSWER: > A licensed real estate salesperson may legally accept an extra
commission for a difficult sale from:
A - ANSWER: > Owner Kelly is leaving the area for a one year period. She asks salesperson Boren to
manage her rental house for $45/mo while she is gone. Which of the following is true in this situation?
A. Boren must work through her broker
B. Boren must put the $45 in an interest bearing escrow account
C. This is OK because the compensation is less than $1,000
D. This is OK because the time element is not more than one year
Broker - ANSWER: > A salesperson represents the
A - ANSWER: > Which of the following is required to hold a real estate license?
A. A person who, for compensation, helps sell his neighbor's home
B. A government employee selling land owned by the government
C. A property manager leasing property in the course of his employment for the owner.
D. All of these choices
False - ANSWER: > Our free enterprise system is free from government economic controls. T/F?
the general public - ANSWER: > The purpose of a state real estate regulatory board is to protect:
,False - ANSWER: > A mushroom farm is industrial property. T/F?
,C - ANSWER: > Special purpose properties include all of the following EXCEPT:
A. Churches
B. Hospitals
C. Industrial park
D. Nursing homes
A - ANSWER: > Commercial property includes all but which of the following?
A. horse ranch
B. office buildings
C. restaurants
D. vacant land suitable for commercial development
False - ANSWER: > A hospital is a commercial property. T/F?
False - ANSWER: > An industrial park is commercial property. T/F?
D - ANSWER: > Which of the following is not considered a legal description?
A. Metes and bounds
B. Lot and block
C. Government method of survey
D. Street address, city, state and zip code
Monuments method - ANSWER: > The least accurate method of legal description is the:
640 - ANSWER: > If a person owns a square parcel of land that is 1 mile on each side, the person owns
how many acres?
False - ANSWER: > Surface rights consist of only the right to control, occupy, and use the surface area of
a parcel of real estate. T/F?
D - ANSWER: > Mineral rights are:
A. Always considered to be personal property
B. Always pass with the land
C. Cannot be sold separately from the land
D. Pass with the land, unless otherwise specified in the deed
C - ANSWER: > Which of the following is NOT an improvement of land?
, A. nBuilding
B. nSidewalk
C. nCorn ncrop
D. nFlower nbed
A n- nANSWER: n> nSix nmonths nafter nBrady nbought nhis nhome, nhe ninstalled ncustom nmade nstorm nwindows
nand ndoors nthroughout nthe nhouse. nLater, nwhen nhe nsells nhis nproperty, nwill nthese nstorm nwindows nand
ndoors nautomatically nconvey nwith nthe nhouse?
A. nYes, nunless nin nadvance nof nthe nsale, nBrady nclearly nspecifies nthat nthey nwill nbe nremoved.
B. nYes, nif nhe nlived nin nthe nproperty nat nleast na nyear nbefore nthe nsale.
C. nNo, nbecause nthey nwere nnot npart nof nthe noriginal nstructure
D. nNo, nbecause nthey ncan nbe nremoved, nif nthey nare ntaken noff ncarefully
A n- nANSWER: n> nDavid nowns nproperty nalong nthe nbanks nof nthe nLittle nBig nHorn nRiver. nScott nowns
nproperty nadjoining nDavid's, nand nhas naccess nto nthe nhighway, nbut nnot nto nthe nriver. nScott nand nDavid
ngrant neach nother nappurtenant neasements nto ncross neach nothers nproperty nto nget nto nthe nroad nand nthe
nriver nrespectively. nThe nriparian nrights nassociated nwith nproperty nownership nbelong nto:
A. nDavid nbecause nhis nproperty nborders nthe nriver
B. nScott, nbecause nhe nhas nan neasement nto ncross nDavid's nland
C. nBoth nDavid nand nScott
D. nNeither
C n- nANSWER: n> nWhich nof nthe nfollowing nis nNOT na ntest nof na nfixture?
A. nManner nof nattachment
B. nAn nagreement nbetween nthe nparties
C. nTime nof nattachment
D. nManner nof nadaptation
B n- nANSWER: n> nWhich nof nthe nfollowing nbest ndescribes na nparcel nof nland?
A. nThe nsurface nof nthe nearth nincluding ncontrol nof nall nminerals nand nsubstances nbeneath
B. nThe nsurface nof nthe nearth nextending ndown nto nthe ncenter nand nupward nto nthe nsky
C. nThe nearth's nsurface nclosely nmarked nby ncertain nboundaries
D. nThe nsurface nof nthe nearth nextending ndown na nreasonable ndistance nand nup ninto nthe nair na nreasonable
ndistance
False n- nANSWER: n> nLittoral nrights nis na nterm nreferring nto nall nwater nrights nT/F?
