1|Page
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!)
What's the best definition of personal property? -
..ANSWER...✓✓ Everything thats not real property
What are improvements with regard to property? -
..ANSWER...✓✓ artificial attachments to land that include
items such as fencing, buildings and walkways
Physical characteristics of land include its immobility,
indestructibility, and ______. - ..ANSWER...✓✓ uniqueness
(non homogeneity)
Which physical characteristic of land addresses the
concept that the geographic location of a piece of land is
fixed and can never be changed? - ..ANSWER...✓✓
immobility
Annette really wants to move to San Francisco, but she's
unsure whether she'll be able to afford to live there.
Housing is very expensive because there simply is no
,2|Page
room to build any new housing units. Which economic
characteristic does this reflect? - ..ANSWER...✓✓
scarcity
What's the best definition of real property? -
..ANSWER...✓✓ Real estate, plus all of the interests,
benefits, and rights included in ownership
Jacob is a developer who purchased 78 acres and had it
subdivided into half-acre lots. He decided to install sewer
and underground electric for the entire subdivision,
because he thinks that he will easily recoup his initial
infrastructure investment. This is an example of which
economic characteristic of real property? -
..ANSWER...✓✓ Permanence
Which of the following best describes the goal of
governmental land use controls? - ..ANSWER...✓✓ To
ensure the health, safety, and welfare of its citizens
Residential, commercial, and industrial are submarkets
within which real estate market segment? -
..ANSWER...✓✓ Property Type
,3|Page
When appraiser Kate appraises a property, which of the
following pieces of information should she include in the
report? - ..ANSWER...✓✓ Whether the neighborhood is
increasing, stable, or declining
Which one of the following options provides three valid
examples of a private land use control? - ..ANSWER...✓✓
Easement, lien, deed restriction
When both supply and demand increase, what tends to
happen to prices? - ..ANSWER...✓✓ Stay the same
For most residential properties, the highest and best use
of the property is relatively obvious. What is it? -
..ANSWER...✓✓ Current Use
The Sanchezes learned that the home they recently
purchased has a limitation built in to the deed affecting
what sort of aesthetic changes they can make to the
outside of their home. This limitation is imposed by the
home's builder, a small, family-owned construction
company. What kind of limitation is this? - ..ANSWER...✓✓
Private land use control
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Which term means "for another's life"? - ..ANSWER...✓✓
Pur autre vie
What's the difference between reversionary interest and
remainder interest in a property? - ..ANSWER...✓✓ With
reversionary interest, the property reverts to the owner
after the death of the life tenant. With remainder interest,
the title to the property goes to a named third party
following the death of the life tenant.
Some plants are considered personal property. Which of
the following type of plant is considered personal
property? - ..ANSWER...✓✓ Fruits of industry
In real estate, what are emblements? - ..ANSWER...✓✓
Cultivated crops
In regard to fixtures, what does the NC Uniform
Commercial Code grant creditors? - ..ANSWER...✓✓ The
right to repossess
Noah is a major barbecue freak. He loves cooking just
about everything over flames. As a birthday gift, his wife
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!)
What's the best definition of personal property? -
..ANSWER...✓✓ Everything thats not real property
What are improvements with regard to property? -
..ANSWER...✓✓ artificial attachments to land that include
items such as fencing, buildings and walkways
Physical characteristics of land include its immobility,
indestructibility, and ______. - ..ANSWER...✓✓ uniqueness
(non homogeneity)
Which physical characteristic of land addresses the
concept that the geographic location of a piece of land is
fixed and can never be changed? - ..ANSWER...✓✓
immobility
Annette really wants to move to San Francisco, but she's
unsure whether she'll be able to afford to live there.
Housing is very expensive because there simply is no
,2|Page
room to build any new housing units. Which economic
characteristic does this reflect? - ..ANSWER...✓✓
scarcity
What's the best definition of real property? -
..ANSWER...✓✓ Real estate, plus all of the interests,
benefits, and rights included in ownership
Jacob is a developer who purchased 78 acres and had it
subdivided into half-acre lots. He decided to install sewer
and underground electric for the entire subdivision,
because he thinks that he will easily recoup his initial
infrastructure investment. This is an example of which
economic characteristic of real property? -
..ANSWER...✓✓ Permanence
Which of the following best describes the goal of
governmental land use controls? - ..ANSWER...✓✓ To
ensure the health, safety, and welfare of its citizens
Residential, commercial, and industrial are submarkets
within which real estate market segment? -
..ANSWER...✓✓ Property Type
,3|Page
When appraiser Kate appraises a property, which of the
following pieces of information should she include in the
report? - ..ANSWER...✓✓ Whether the neighborhood is
increasing, stable, or declining
Which one of the following options provides three valid
examples of a private land use control? - ..ANSWER...✓✓
Easement, lien, deed restriction
When both supply and demand increase, what tends to
happen to prices? - ..ANSWER...✓✓ Stay the same
For most residential properties, the highest and best use
of the property is relatively obvious. What is it? -
..ANSWER...✓✓ Current Use
The Sanchezes learned that the home they recently
purchased has a limitation built in to the deed affecting
what sort of aesthetic changes they can make to the
outside of their home. This limitation is imposed by the
home's builder, a small, family-owned construction
company. What kind of limitation is this? - ..ANSWER...✓✓
Private land use control
, 4|Page
Which term means "for another's life"? - ..ANSWER...✓✓
Pur autre vie
What's the difference between reversionary interest and
remainder interest in a property? - ..ANSWER...✓✓ With
reversionary interest, the property reverts to the owner
after the death of the life tenant. With remainder interest,
the title to the property goes to a named third party
following the death of the life tenant.
Some plants are considered personal property. Which of
the following type of plant is considered personal
property? - ..ANSWER...✓✓ Fruits of industry
In real estate, what are emblements? - ..ANSWER...✓✓
Cultivated crops
In regard to fixtures, what does the NC Uniform
Commercial Code grant creditors? - ..ANSWER...✓✓ The
right to repossess
Noah is a major barbecue freak. He loves cooking just
about everything over flames. As a birthday gift, his wife
