CAR Real Estate Exam Prep 2025: 450 Question Test Bank with Correct Answers

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NORTH CAROLINA REAL ESTATE EXAM 2025
LATEST TEST BANK WITH 450 REAL EXAM PREP
QUESTIONS AND CORRECT ANSWERS/ NC REAL
ESTATE LICENSE TEST 2025/ NCREC EXAM (NEW!)
appurtenance - ..ANSWER...✓✓ a right, a privilege, or
improvement belonging to and passing with the land


Conner Act - ..ANSWER...✓✓ a state law that requires
many types of real estate documents to be recorded for
protection against claims from third parties


Physical characteristics of real estate - ..ANSWER...✓✓
Immobility, Indestructibility and Uniqueness


Economic characteristics of real estate - ..ANSWER...✓✓
Scarcity, Location, Improvements, Performance


Chattel - ..ANSWER...✓✓ Personalty or personal
property

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Supply factors of real estate - ..ANSWER...✓✓
construction costs, labor force, financial policies,
government controls


Demand factors of real estate - ..ANSWER...✓✓
population, employment and wage levels, business
cycles, demographics, government cyclical efforts, real
estate cycles


Tenements - ..ANSWER...✓✓ a piece of land held by an
owner


Hereditaments - ..ANSWER...✓✓ any item of property,
can be corporeal (e.g. land or a building) or incorporeal
(e.g. rent or a right of way)


Emblements - ..ANSWER...✓✓ the profit from growing
crops that have been sown, regarded as personal
property.


Rights of Real Property - ..ANSWER...✓✓ Disposition,
enjoyment, exclusivity, possession, control

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Easement - ..ANSWER...✓✓ a right to cross or otherwise
use someone else's land for a specified purpose


Riparian Water Rights - ..ANSWER...✓✓ System for
allocating water among those who possess land along its
path. In NC, water rights on non-navigable waters to the
center of the water.


Littoral Rights - ..ANSWER...✓✓ Right concerning
properties that abut static water like and ocean, bay,
delta, sea or lake. In NC, adjacent landowners have
unrestricted use of the navigable water, but land between
high and low tide mark (foreshore) is state owned.


Avulsion - ..ANSWER...✓✓ rapid decrease I land caused
by and act of nature. Property boundaries do not change;
right to reclaim.


Intestate - ..ANSWER...✓✓ the condition of a property
owner who dies without leaving a valid will


Testate - ..ANSWER...✓✓ the condition of a property
owner who dies and leaves a valid will

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Estate - ..ANSWER...✓✓ The amount and kind of interest
a person has in real property


Freehold Estate - ..ANSWER...✓✓ permanent and
absolute tenure of land (I own it) or property with
freedom to dispose of it at will.


Non-Freehold Estate - ..ANSWER...✓✓ Leasing the
property for a period of time without having any actual
ownership of the land. I possess this property of fixed
period of time as a tenant, 1) Estate for years, 2) Estate
from year to year, 3)Estate at will, and 4) Estate at
sufferance (absence of objection rather than genuine
approve; toleration)


Fee Simple Absolute Estate - ..ANSWER...✓✓ The highest
form of real estate ownership that is recognized by law,
in which the owner can enjoy the property to its fullest
extend and is only limited by zoning laws or similar
restrictions.


Life Estate - ..ANSWER...✓✓ an estate in real property
that ends at death when ownership of the property may