Page 1 of 43 National Real Estate Exam Practice Questions and Answers
National
GradeReal
A - Updated
Estate Exam
with Solution
Practice |Questions
All Covered
and Answers Grade A.pdf
National Real Estate Exam Practice
Questions and Answers Grade A+
improvements
A property owner has decided to do some landscaping work on his yard. He has planted a tree
surrounded by some flowering shrubs. The tree and shrubs are an example of...
riparian
A property owner has a waterfront lot on a stream. He has the right to use the water from the stream.
What is this right called?
the tenant can take these as they are trade fixtures
A tenant is aware that his lease will expire at the end of the month. He has begun to disassemble his
display cabinets and shelves. Which of the following statements about this is true
plumbing work that was completed but never paid for
A seller is attending the closing on his property. The title company has discovered an unsatisfied M&M
lien on the property. Which of the following is the most likely reason for the lien?
encroachment
National Real Estate Exam Practice Questions
National
andReal
Answers
EstateGrade
ExamAPractice Questions
National
andReal
Answers
EstateGrade
ExamA.pdf
Practice Questions and Answers Grade A.pdf
,Page 2 of 43 National Real Estate Exam Practice Questions and Answers
National
GradeReal
A - Updated
Estate Exam
with Solution
Practice |Questions
All Covered
and Answers Grade A.pdf
A listing agent went to inspect a seller's property hoping to list it for sale. The seller told the listing agent
that his neighbor's satellite dish trespasses on his property. This is an example of...
it goes back to the son until he dies
A father gives his son a life estate on a property. The son leases the property. The tenant dies. What
happens to the property?
are remaindermen
A man leaves his second wife a life estate in their home after which the property goes to his children
from his first marriage. The children...
an easement is a benefit to the dominant property owner
Which of the following statements about an easement is true?
file a suit for partition
P, Q and R are joint tenants. P wants to sell the property, but Q and R do not. What can P do?
tenants in common
A, B and C are joint tenants. C dies. B sells his share to D. What type of ownership do A and D have?
National Real Estate Exam Practice Questions
National
andReal
Answers
EstateGrade
ExamAPractice Questions
National
andReal
Answers
EstateGrade
ExamA.pdf
Practice Questions and Answers Grade A.pdf
,Page 3 of 43 National Real Estate Exam Practice Questions and Answers
National
GradeReal
A - Updated
Estate Exam
with Solution
Practice |Questions
All Covered
and Answers Grade A.pdf
police power
Under what right can the government change property use from commercial to residential only?
tenancy in common
Ownership of the common areas of condominiums is most likely to be:
get a general warranty deed
What should a buyer do to ensure that his is getting the best title to real property?
the covenant of quiet enjoyment
Which covenant in a deed guarantees that the owners will not suffer or be disturbed by any claims on
the property?
the borrower
Excess money at a foreclosure sale goes to...
right of redemption
National Real Estate Exam Practice Questions
National
andReal
Answers
EstateGrade
ExamAPractice Questions
National
andReal
Answers
EstateGrade
ExamA.pdf
Practice Questions and Answers Grade A.pdf
, Page 4 of 43 National Real Estate Exam Practice Questions and Answers
National
GradeReal
A - Updated
Estate Exam
with Solution
Practice |Questions
All Covered
and Answers Grade A.pdf
After defaulting on a real estate loan, a borrower is able to pay off the loan prior to the foreclosure sale.
This is called:
a buffer zone
The required distance between buildings and a federally protected endangered species wetlands is an
example of...
they must pay the fee as they have a tenancy in common interest in all common areas
A couple purchased a condominium. The complex has an exercise room for all residents. The couple
does not use the exercise room and does not want to pay the monthly fee for the use of the facility.
What can they do to avoid this fee?
a lease
Which of the following is personal property?
a percentage lease
A landlord leased space in his new retail property to an inexperienced business person. Based on
location and the type of business, the landlord believes it will be a great success. What type of lease can
he enter into with the tenant that will allow the landlord to benefit from the tenant's success?
sale and leaseback
National Real Estate Exam Practice Questions
National
andReal
Answers
EstateGrade
ExamAPractice Questions
National
andReal
Answers
EstateGrade
ExamA.pdf
Practice Questions and Answers Grade A.pdf
National
GradeReal
A - Updated
Estate Exam
with Solution
Practice |Questions
All Covered
and Answers Grade A.pdf
National Real Estate Exam Practice
Questions and Answers Grade A+
improvements
A property owner has decided to do some landscaping work on his yard. He has planted a tree
surrounded by some flowering shrubs. The tree and shrubs are an example of...
riparian
A property owner has a waterfront lot on a stream. He has the right to use the water from the stream.
What is this right called?
the tenant can take these as they are trade fixtures
A tenant is aware that his lease will expire at the end of the month. He has begun to disassemble his
display cabinets and shelves. Which of the following statements about this is true
plumbing work that was completed but never paid for
A seller is attending the closing on his property. The title company has discovered an unsatisfied M&M
lien on the property. Which of the following is the most likely reason for the lien?
encroachment
National Real Estate Exam Practice Questions
National
andReal
Answers
EstateGrade
ExamAPractice Questions
National
andReal
Answers
EstateGrade
ExamA.pdf
Practice Questions and Answers Grade A.pdf
,Page 2 of 43 National Real Estate Exam Practice Questions and Answers
National
GradeReal
A - Updated
Estate Exam
with Solution
Practice |Questions
All Covered
and Answers Grade A.pdf
A listing agent went to inspect a seller's property hoping to list it for sale. The seller told the listing agent
that his neighbor's satellite dish trespasses on his property. This is an example of...
it goes back to the son until he dies
A father gives his son a life estate on a property. The son leases the property. The tenant dies. What
happens to the property?
are remaindermen
A man leaves his second wife a life estate in their home after which the property goes to his children
from his first marriage. The children...
an easement is a benefit to the dominant property owner
Which of the following statements about an easement is true?
file a suit for partition
P, Q and R are joint tenants. P wants to sell the property, but Q and R do not. What can P do?
tenants in common
A, B and C are joint tenants. C dies. B sells his share to D. What type of ownership do A and D have?
National Real Estate Exam Practice Questions
National
andReal
Answers
EstateGrade
ExamAPractice Questions
National
andReal
Answers
EstateGrade
ExamA.pdf
Practice Questions and Answers Grade A.pdf
,Page 3 of 43 National Real Estate Exam Practice Questions and Answers
National
GradeReal
A - Updated
Estate Exam
with Solution
Practice |Questions
All Covered
and Answers Grade A.pdf
police power
Under what right can the government change property use from commercial to residential only?
tenancy in common
Ownership of the common areas of condominiums is most likely to be:
get a general warranty deed
What should a buyer do to ensure that his is getting the best title to real property?
the covenant of quiet enjoyment
Which covenant in a deed guarantees that the owners will not suffer or be disturbed by any claims on
the property?
the borrower
Excess money at a foreclosure sale goes to...
right of redemption
National Real Estate Exam Practice Questions
National
andReal
Answers
EstateGrade
ExamAPractice Questions
National
andReal
Answers
EstateGrade
ExamA.pdf
Practice Questions and Answers Grade A.pdf
, Page 4 of 43 National Real Estate Exam Practice Questions and Answers
National
GradeReal
A - Updated
Estate Exam
with Solution
Practice |Questions
All Covered
and Answers Grade A.pdf
After defaulting on a real estate loan, a borrower is able to pay off the loan prior to the foreclosure sale.
This is called:
a buffer zone
The required distance between buildings and a federally protected endangered species wetlands is an
example of...
they must pay the fee as they have a tenancy in common interest in all common areas
A couple purchased a condominium. The complex has an exercise room for all residents. The couple
does not use the exercise room and does not want to pay the monthly fee for the use of the facility.
What can they do to avoid this fee?
a lease
Which of the following is personal property?
a percentage lease
A landlord leased space in his new retail property to an inexperienced business person. Based on
location and the type of business, the landlord believes it will be a great success. What type of lease can
he enter into with the tenant that will allow the landlord to benefit from the tenant's success?
sale and leaseback
National Real Estate Exam Practice Questions
National
andReal
Answers
EstateGrade
ExamAPractice Questions
National
andReal
Answers
EstateGrade
ExamA.pdf
Practice Questions and Answers Grade A.pdf
