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National Final Exam UPDATED Study Guide ACTUAL QUESTIONS AND CORRECT ANSWERS
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National Final Exam UPDATED Study 
Guide ACTUAL QUESTIONS AND 
CORRECT ANSWERS 
All of the following are true except: 
fixtures installed after the mortgage is recorded become subject to that mortgage lien 
a person tears down a fence with the intention that it remain permanently down and stacks the 
fencing; it becomes real property 
trade fixtures installed in a building can be removed by the tenant 
a gas furnace installed in a house becomes real property - CORRECT ANSWER 
a 
per...
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National Final Exam UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS
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National Final Exam UPDATED ACTUAL 
QUESTIONS AND CORRECT ANSWERS 
Negligent omission - CORRECT ANSWER 
such as delivering a counteroffer, this is known as: 
Non-freehold estate - CORRECT ANSWER 
set period of time is called a 
Joint tenancy - CORRECT ANSWER 
When an agent fails to perform some act 
A type of ownership which extends for a 
Which type of ownership is characterized by 
possession, interest, time, and title, or PITT is: 
North-south - CORRECT ANSWER 
each ot...
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National Final Exam UPDATED QUESTIONS AND CORRECT ANSWERS
- Exam (elaborations) • 11 pages • 2025
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National Final Exam UPDATED 
QUESTIONS AND CORRECT ANSWERS 
_______ property refers to any property that is held by its owners for investment purposes. - 
CORRECT ANSWER 
Investment 
A property survey reveals that a new driveway extends one foot onto a neighbor's property. 
This is an example of - CORRECT ANSWER 
an encroachment. 
Salesperson Sam, who works for Selling Broker Smith, sells a house listed by Listing Broker 
Louis. The house sells for $425,000. The co-brokerage sp...
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National Final Exam ACTUAL QUESTIONS AND CORRECT ANSWERS
- Exam (elaborations) • 13 pages • 2025
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National Final Exam ACTUAL 
QUESTIONS AND CORRECT ANSWERS 
All of the following are examples of anti-trust violations EXCEPT: 
(A) price fixing 
(B) group boycotting 
(C) allocation of customers 
(D) unbundling of services - CORRECT ANSWER 
D 
The type of loan in which graduating payments in order to pay off the loan sooner might 
contain the following language: 
(A) an acceleration clause 
(B) alienation clause 
(C) an escalation clause 
(D) defeasance clause - CORRECT ANSWER ...
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National Prep Exam 2 Home Inspector Course Study Material 2025
- Exam (elaborations) • 39 pages • 2025
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National Prep Exam 2 Home Inspector 
Course Study Material 2025 
National Prep Exam 2 Home Inspector 
Course Study Material 2025 
National Prep Exam 2 Home Inspector 
Course Study Material 2025 
National Prep Exam 2 Home Inspector 
Course Study Material 2025 
National Prep Exam 2 Home Inspector 
Course Study Material 2025
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National Prep Exam 2 Home Inspector Course Study Material 2025 Final Exam With Lab| All Answers Are Expert Verified For Guaranteed Pass
- Exam (elaborations) • 39 pages • 2025
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National Prep Exam 2 Home Inspector 
Course Study Material 2025 Final Exam With Lab| All Answers Are Expert Verified For Guaranteed Pass 
National Prep Exam 2 Home Inspector 
Course Study Material 2025 Final Exam With Lab| All Answers Are Expert Verified For Guaranteed Pass 
National Prep Exam 2 Home Inspector 
Course Study Material 2025 Final Exam With Lab| All Answers Are Expert Verified For Guaranteed Pass 
National Prep Exam 2 Home Inspector 
Course Study Material 2025 Final Exam With La...
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NATIONAL FINAL EXAM QUESTIONS AND ANSWERS
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NATIONAL FINAL EXAM QUESTIONS AND ANSWERS 
_______ property refers to any property that is held by its owners for investment purposes. - CORRECT 
ANSWERInvestment
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National Home inspector exam 494 2024 | Questions with 100% Correct Answers | Verified | Latest Update | Graded A+
- Exam (elaborations) • 4 pages • 2024
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National Home inspector exam 494 2024 | 
Questions with 100% Correct Answers | 
Verified | Latest Update | Graded A+
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National Traffic Incident Management (TIM) Questions & Answers |Questions with 100% Correct Answers | Verified | Updated 2024
- Exam (elaborations) • 34 pages • 2024
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National Traffic Incident Management 
(TIM) Questions & Answers |Questions with 
100% Correct Answers | Verified | Updated 
2024
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National Traffic Incident Management (TIM) Test Questions & Answers |Questions with 100% Correct Answers | Verified | Updated 2024
- Exam (elaborations) • 2 pages • 2024
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National Traffic Incident Management 
(TIM) Test Questions & Answers |Questions 
with 100% Correct Answers | Verified | 
Updated 2024
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