Nebraska Real Estate SAMPLE Test Questions and answers | Multiple choice | Rated A+
The earth's surface extending downward to the center of the earth and upward into space,
including all things permanently attached, is known as:
A) Real Property
B) Real Estate
C) Land
D) A bundle of legal rights D) A bundle of legal rights
Moveable objects, which are not considered real estate, are known as:
A) Real property
B) Personal property
C) Fixtures
D) Emblements B) Personal Property
The permanent right to use another's land for the benefit of a neighboring parcel is known as:
A) An easement in gross
B) An appurtenant easement
C) An easement by necessity
D) A license B) An appurtenant easement
The ownership of property by one person only is known as:
A) severalty
B) joint tenancy
C) tenancy in common
D) tenancy by entiretyA) Severalty
A condensed history of a title to a particular piece of real estate, including a summary of the
original grant, and all subsequent conveyances and encumbrances affecting the property, is
known as the:
A) abstract of title
B) evidence of title
C) certificate of title
D) chain of title A) Abstract of title
The illegal practice of inducing homeowners to sell their properties by making representations
about the prospective entry of persons of a certain race/national origin into the neighborhood is
also called:
A) redlining
B) blockbusting
C) commingling
,Nebraska Real Estate SAMPLE Test Questions and answers | Multiple choice | Rated A+
D) steering B) Blockbusting
The term for something that grants the right to use another's land for a specific purpose, and is
considered an incorporeal interest in land is:
A) an encumbrance
B) an easement
C) an encroachment
D) an equitable lien B) an easement
The clauses in a deed that limit the future uses of a property are known as:
A) acknowledgements
B) granting clauses
C) words of conveyance
D) deed restrictions D) Deed restrictions
The loss of value in any property, regardless of the specific cause, in an appraisal, is known as:
A) descent
B) functional obsolescence
C) physical deterioration
D) depreciation D) depreciation
A person who has complete control over a parcel of real estate is said to own a:
A) leasehold estate
B) fee simple estate
C) defeasible fee estate
D) life estate B) fee simple estate
The law that requires real estate contracts to be in writing to be enforceable is the:
A) statute of frauds
B) statute of limitations
C) law of descent and distribution
D) parole evidence rule A) statute of frauds
The effort that brings about the desired result in a real estate sale is known as:
A) procuring cause
B) principal
C) procuring
D) REALTORA) procuring cause
A naturally occurring gas that is suspected of causing lung cancer is known as:
A) lead based paint
B) asbestos
C) radon
D) polychlorinated biphenyls (PCBs) C) radon
A claim or liability attached to a property is called:
,Nebraska Real Estate SAMPLE Test Questions and answers | Multiple choice | Rated A+
A) a lien
B) an encumbrance
C) an easement
D) a buyer's claim B) an encumbrance
In an appurtenant easement, the party that benefits is known as the:
A) lessee
B) lessor
C) servient tenement
D) dominant tenementD) dominant tenement
An encumbrance that affects the title, usually related to money, is known as:
A) a lien
B) an easement in gross
C) an easement by necessity
D) an easement by prescription A) a lien
A recorded legal document that gives constructive notice that an action affecting a certain
property has been filed in court is called:
A) habendum clause
B) general warranty deed
C) estoppel certificate
D) lis pendens D) lis pendens (latin for litigation pending)
This document that defines the relationship between the real estate firm and the seller is the:
A) listing agreement
B) exclusive agency contract
C) purchase contract
D) disclosure statement A) listing agreement
The rights of a landowner to use waters of an adjacent stream or river are known as:
A) riparian rights
B) zoning rights
C) littoral rights
D) livery of seisin A) Riparian rights
The rights of a landowner to use waters of an adjacent lake or ocean are known as:
A) riparian rights
B) zoning rights
C) littoral rights
D) livery of seisin C) littoral rights
A claim or interest revealed by a title search is called a:
A) cloud on title
B) lien
C) judgment
, Nebraska Real Estate SAMPLE Test Questions and answers | Multiple choice | Rated A+
D) lis pendens A) cloud on title
When the amortized payment of a mortgage remains constant over the period of the loan but
leaves an outstanding balance to be paid at the end, this payment is called:
A) An alienation payment
B) An escalation payment
C) A balloon payment
D) An acceleration payment C) A balloon payment
The process in which boundaries are measured and land areas determined is called:
A) an appraisal
B) an assessment
C) a survey
D) an involuntary lien C) a survey
An estimate of the value of something, usually a property, is known as:
A) an appraisal
B) an assessment
C) a survey
D) a lien A) an appraisal
A lien placed on the property without the consent of the owner is known as a(n):
A) involuntary lien
B) deed of trust lien
C) voluntary lien
D) mortgage lien A) involuntary lien
This type of lien is created by law. It is known as:
A) a statutory lien
B) a voluntary lien
C) an equitable lien
D) a specific lien A) a statutory lien
The type of lien that is secured by specific property and only affects that property is known as:
A) a statutory lien
B) a voluntary lien
C) an equitable lien
D) a specific lien D) a specific lien
The system established in 1785 by the US Government, which describes land with principal
meridians and base lines, is called:
A) point of beginning
B) lot-and-block system
C) rectangular survey system
D) metes-and-bounds C) rectangular survey system
The earth's surface extending downward to the center of the earth and upward into space,
including all things permanently attached, is known as:
A) Real Property
B) Real Estate
C) Land
D) A bundle of legal rights D) A bundle of legal rights
Moveable objects, which are not considered real estate, are known as:
A) Real property
B) Personal property
C) Fixtures
D) Emblements B) Personal Property
The permanent right to use another's land for the benefit of a neighboring parcel is known as:
A) An easement in gross
B) An appurtenant easement
C) An easement by necessity
D) A license B) An appurtenant easement
The ownership of property by one person only is known as:
A) severalty
B) joint tenancy
C) tenancy in common
D) tenancy by entiretyA) Severalty
A condensed history of a title to a particular piece of real estate, including a summary of the
original grant, and all subsequent conveyances and encumbrances affecting the property, is
known as the:
A) abstract of title
B) evidence of title
C) certificate of title
D) chain of title A) Abstract of title
The illegal practice of inducing homeowners to sell their properties by making representations
about the prospective entry of persons of a certain race/national origin into the neighborhood is
also called:
A) redlining
B) blockbusting
C) commingling
,Nebraska Real Estate SAMPLE Test Questions and answers | Multiple choice | Rated A+
D) steering B) Blockbusting
The term for something that grants the right to use another's land for a specific purpose, and is
considered an incorporeal interest in land is:
A) an encumbrance
B) an easement
C) an encroachment
D) an equitable lien B) an easement
The clauses in a deed that limit the future uses of a property are known as:
A) acknowledgements
B) granting clauses
C) words of conveyance
D) deed restrictions D) Deed restrictions
The loss of value in any property, regardless of the specific cause, in an appraisal, is known as:
A) descent
B) functional obsolescence
C) physical deterioration
D) depreciation D) depreciation
A person who has complete control over a parcel of real estate is said to own a:
A) leasehold estate
B) fee simple estate
C) defeasible fee estate
D) life estate B) fee simple estate
The law that requires real estate contracts to be in writing to be enforceable is the:
A) statute of frauds
B) statute of limitations
C) law of descent and distribution
D) parole evidence rule A) statute of frauds
The effort that brings about the desired result in a real estate sale is known as:
A) procuring cause
B) principal
C) procuring
D) REALTORA) procuring cause
A naturally occurring gas that is suspected of causing lung cancer is known as:
A) lead based paint
B) asbestos
C) radon
D) polychlorinated biphenyls (PCBs) C) radon
A claim or liability attached to a property is called:
,Nebraska Real Estate SAMPLE Test Questions and answers | Multiple choice | Rated A+
A) a lien
B) an encumbrance
C) an easement
D) a buyer's claim B) an encumbrance
In an appurtenant easement, the party that benefits is known as the:
A) lessee
B) lessor
C) servient tenement
D) dominant tenementD) dominant tenement
An encumbrance that affects the title, usually related to money, is known as:
A) a lien
B) an easement in gross
C) an easement by necessity
D) an easement by prescription A) a lien
A recorded legal document that gives constructive notice that an action affecting a certain
property has been filed in court is called:
A) habendum clause
B) general warranty deed
C) estoppel certificate
D) lis pendens D) lis pendens (latin for litigation pending)
This document that defines the relationship between the real estate firm and the seller is the:
A) listing agreement
B) exclusive agency contract
C) purchase contract
D) disclosure statement A) listing agreement
The rights of a landowner to use waters of an adjacent stream or river are known as:
A) riparian rights
B) zoning rights
C) littoral rights
D) livery of seisin A) Riparian rights
The rights of a landowner to use waters of an adjacent lake or ocean are known as:
A) riparian rights
B) zoning rights
C) littoral rights
D) livery of seisin C) littoral rights
A claim or interest revealed by a title search is called a:
A) cloud on title
B) lien
C) judgment
, Nebraska Real Estate SAMPLE Test Questions and answers | Multiple choice | Rated A+
D) lis pendens A) cloud on title
When the amortized payment of a mortgage remains constant over the period of the loan but
leaves an outstanding balance to be paid at the end, this payment is called:
A) An alienation payment
B) An escalation payment
C) A balloon payment
D) An acceleration payment C) A balloon payment
The process in which boundaries are measured and land areas determined is called:
A) an appraisal
B) an assessment
C) a survey
D) an involuntary lien C) a survey
An estimate of the value of something, usually a property, is known as:
A) an appraisal
B) an assessment
C) a survey
D) a lien A) an appraisal
A lien placed on the property without the consent of the owner is known as a(n):
A) involuntary lien
B) deed of trust lien
C) voluntary lien
D) mortgage lien A) involuntary lien
This type of lien is created by law. It is known as:
A) a statutory lien
B) a voluntary lien
C) an equitable lien
D) a specific lien A) a statutory lien
The type of lien that is secured by specific property and only affects that property is known as:
A) a statutory lien
B) a voluntary lien
C) an equitable lien
D) a specific lien D) a specific lien
The system established in 1785 by the US Government, which describes land with principal
meridians and base lines, is called:
A) point of beginning
B) lot-and-block system
C) rectangular survey system
D) metes-and-bounds C) rectangular survey system
