©THESTAR 2025 ALL RIGHTS RESERVED 11:52 PM A+
Ohio Real Estate Exam Questions And
Answers |Latest 2025 | Guaranteed Pass
What type of land use does NOT comply with the zoning restriction for its location, but is
permitted because it benefits the public? - Answer✔Conditional Use
Conditional uses (hospitals, schools, etc.) usually do not comply with zoning limitations.
loan amount - Answer✔The amount the lender is risking is the loan amount, which is: Purchase
Price - Down Payment = Loan Amount.
What is NOT a feature of an FHA-insured loan? - Answer✔no MIP insurance
FHA loans use a mutual mortgage insurance plan.
In title theory states, what clause is unique to the mortgage? - Answer✔Defeasance clause is
found in the mortgage
A fancy word for "ownership" which will be transferred
As an agent is showing a house to a customer, the agent notices a large vertical crack in the
basement wall. What is the agent's duty? - Answer✔The crack on the wall is obvious and falls
into the category of patent defects. The agent has no duty to disclose patent defects. The buyer
operates under the doctrine of caveat emptor.
1
, ©THESTAR 2025 ALL RIGHTS RESERVED 11:52 PM A+
A lead-based paint disclosure form is required for all residential dwellings built before January
1, 1978. When applicable, who must sign the form? - Answer✔buyer, seller, and both agents
The listing agent is informed by the seller that the basement gets wet when it rains. The agent
says nothing to the buyer. Who is liable for the failure to disclose the latent defect? -
Answer✔The client is always liable for the acts of her agent. The agent may be liable to the
seller for breaching a fiduciary duty.
An implied contract is a(n) - Answer✔agreement not put into words, either written or verbal
An example of an implied contract is a visit to a restaurant. All parties agree that payment of
the bill is expected even if the matter is not discussed before the meal is consumed.
The non-breaching party to a contract has a duty by law to - Answer✔The non-breaching party
has a duty to do whatever is necessary to reduce the losses resulting from the breach.
What type of deed would a buyer of real property prefer? - Answer✔A general warranty deed
provides the most protection for the buyer. It has the strongest and broadest forms of
guarantee of any type of deed.
A quitclaim has no guarantees
special warranty deed covers only title defects while the seller was in title.
A sheriff's deed makes no promises or guarantees.
Which is NOT a protected class under the Federal Fair Housing Act? - Answer✔Ancestry
Protected:
2
, ©THESTAR 2025 ALL RIGHTS RESERVED 11:52 PM A+
Race.
Color.
National Origin.
Religion.
Sex (including gender identity and sexual orientation)
Familial Status.
Disability.
Complaints based on Title VIII should be filed with the - Answer✔Office of Equal Opportunity
with the Department of Housing and Urban Development.
A person discriminated against under the Civil Rights Act of 1866 must file a lawsuit in what
court? - Answer✔Federal District Court
Equity - Answer✔The difference between the value of a home and the total amount of any liens
against it
When first buying a home, the down payment is usually the only equity the property owner has
Mortgage/Discount point - Answer✔a fee you pay to lower your interest rate on your home
purchase or refinance. One discount point costs 1% of your home loan amount. For example, if
you take out a mortgage for $100,000, one point will cost you $1,000.
Potential Gross Income - Answer✔The income a property would generate if every unit was
100% occupied
Effective Gross Income - Answer✔Potential gross income minus vacancy and collection losses.
Net Income - Answer✔Effective gross income minus building expenses
3
Ohio Real Estate Exam Questions And
Answers |Latest 2025 | Guaranteed Pass
What type of land use does NOT comply with the zoning restriction for its location, but is
permitted because it benefits the public? - Answer✔Conditional Use
Conditional uses (hospitals, schools, etc.) usually do not comply with zoning limitations.
loan amount - Answer✔The amount the lender is risking is the loan amount, which is: Purchase
Price - Down Payment = Loan Amount.
What is NOT a feature of an FHA-insured loan? - Answer✔no MIP insurance
FHA loans use a mutual mortgage insurance plan.
In title theory states, what clause is unique to the mortgage? - Answer✔Defeasance clause is
found in the mortgage
A fancy word for "ownership" which will be transferred
As an agent is showing a house to a customer, the agent notices a large vertical crack in the
basement wall. What is the agent's duty? - Answer✔The crack on the wall is obvious and falls
into the category of patent defects. The agent has no duty to disclose patent defects. The buyer
operates under the doctrine of caveat emptor.
1
, ©THESTAR 2025 ALL RIGHTS RESERVED 11:52 PM A+
A lead-based paint disclosure form is required for all residential dwellings built before January
1, 1978. When applicable, who must sign the form? - Answer✔buyer, seller, and both agents
The listing agent is informed by the seller that the basement gets wet when it rains. The agent
says nothing to the buyer. Who is liable for the failure to disclose the latent defect? -
Answer✔The client is always liable for the acts of her agent. The agent may be liable to the
seller for breaching a fiduciary duty.
An implied contract is a(n) - Answer✔agreement not put into words, either written or verbal
An example of an implied contract is a visit to a restaurant. All parties agree that payment of
the bill is expected even if the matter is not discussed before the meal is consumed.
The non-breaching party to a contract has a duty by law to - Answer✔The non-breaching party
has a duty to do whatever is necessary to reduce the losses resulting from the breach.
What type of deed would a buyer of real property prefer? - Answer✔A general warranty deed
provides the most protection for the buyer. It has the strongest and broadest forms of
guarantee of any type of deed.
A quitclaim has no guarantees
special warranty deed covers only title defects while the seller was in title.
A sheriff's deed makes no promises or guarantees.
Which is NOT a protected class under the Federal Fair Housing Act? - Answer✔Ancestry
Protected:
2
, ©THESTAR 2025 ALL RIGHTS RESERVED 11:52 PM A+
Race.
Color.
National Origin.
Religion.
Sex (including gender identity and sexual orientation)
Familial Status.
Disability.
Complaints based on Title VIII should be filed with the - Answer✔Office of Equal Opportunity
with the Department of Housing and Urban Development.
A person discriminated against under the Civil Rights Act of 1866 must file a lawsuit in what
court? - Answer✔Federal District Court
Equity - Answer✔The difference between the value of a home and the total amount of any liens
against it
When first buying a home, the down payment is usually the only equity the property owner has
Mortgage/Discount point - Answer✔a fee you pay to lower your interest rate on your home
purchase or refinance. One discount point costs 1% of your home loan amount. For example, if
you take out a mortgage for $100,000, one point will cost you $1,000.
Potential Gross Income - Answer✔The income a property would generate if every unit was
100% occupied
Effective Gross Income - Answer✔Potential gross income minus vacancy and collection losses.
Net Income - Answer✔Effective gross income minus building expenses
3
