Superior Real Estate School Exam ACTUAL EXAMS Superior Real Estate School Exam ACTUAL EXAMS
COMPLETE 300 QUESTIONS AND CORRECT COMPLETE 300 QUESTIONS AND CORRECT
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D. Permanence of Investment - Precise Answer ✔✔B.
Uniqueness
All of the following are physical characteristics of land except: Which of the following is considered to have the greatest impact
on the value of a property?
A. Indestructibility
A. Area Preference
B. Uniqueness
B. Permanence of Investment
C. Immobility
C. Scarcity
D. Scarcity - Precise Answer ✔✔D. Scarcity
D. Uniqueness - Precise Answer ✔✔A. Area Preference
Under the doctrine of specific performance, the party harmed by
breach of a real estate contract can ask a judge to force the The concept by which land would increase automatically along a
breaching party to carry out the terms of the contract rather than river or stream is known as:
order the breaching party to pay monetary damages. Which
physical characteristic of land is the basis for the doctrine of
specific performance? A. Accretion
B. Littoral Rights
A. Indestructibility C. Avulsion
B. Uniqueness D. Reliction - Precise Answer ✔✔A. Accretion
C. Immobility
, Superior Real Estate School Exam ACTUAL EXAMS Superior Real Estate School Exam ACTUAL EXAMS
COMPLETE 300 QUESTIONS AND CORRECT COMPLETE 300 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) DETAILED ANSWERS (VERIFIED ANSWERS)
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The owner of a house wants to fence the yard for a dog. When A woman conveys a life estate to her son-in-law and stipulates
the fence is erected, the fencing materials are converted to real that upon his death the estate will pass to her grandson. The
estate by: grandson has an:
A. Severance A. Estate in Reversion
B. Annexation B. Estate in Remainder
C. Immobility C. Estate Pur Autre Vie
D. Indestructibility - Precise Answer ✔✔B. Annexation D. Estate for the life of another - Precise Answer ✔✔B. Estate
in Remainder
A deed conveyed ownership to a grantee "so long as the existing
building on the property is not destroyed." Following the A person who acquired ownership that can be inherited, with the
transfer, the original grantor has what type of interest? provision "that the land must always be used for recreational
purposes," has:
A. Life Estate
B. ongoing ownership in the property that lasts as long as the A. a fee simple absolute estate
condition B. a defeasible fee
C. Fee Simple Estate C. a fee simple to a condition subsequent estate
D. Reversionary Estate - Precise Answer ✔✔D. Reversionary D. an estate that cannot be sold - Precise Answer ✔✔B. a
Estate defeasible fee
, Superior Real Estate School Exam ACTUAL EXAMS Superior Real Estate School Exam ACTUAL EXAMS
COMPLETE 300 QUESTIONS AND CORRECT COMPLETE 300 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) DETAILED ANSWERS (VERIFIED ANSWERS)
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A brother and sister bought a commercial building and took title Three joint tenants with rights of survivorship own a parcel of
as joint tenants with right of survivorship. The brother died. The land. One owner sells his interest to a long-time friend. After the
sister now owns the building: conveyance, the remaining original owners:
A. as a joint tenant with right of survivorship with her brother's A. become tenants in common with each other
heirs B. become tenants in common with each other and the newest
B. in severalty owner
C. as a tenant in common with her brother's heirs C. become joint tenants with the newest owner
D. as a life tenant with her brother's heirs having remainder D. remain joint tenants with each other - Precise Answer ✔✔D.
interests - Precise Answer ✔✔B. in severalty remain joint tenants with each other
Co-owners of a fee simple interest in a small office building are The owner of a condominium unit learns that a neighbor has
neither related to nor a creditor to each other. One owner dies failed to pay his condominium association dues. If the neighbor
intestate. The surviving owner would become the sole owner of does NOT pay the dues:
the property under which of the following rights?
A. a lien can be filed against the condominium complex
A. adverse possession B. a lien can be filed against the neighbor's unit
B. reversionary interest C. a lien can only be filed against the common areas of the
C. survivorship condominium
D. foreclosure - Precise Answer ✔✔C. survivorship
, Superior Real Estate School Exam ACTUAL EXAMS Superior Real Estate School Exam ACTUAL EXAMS
COMPLETE 300 QUESTIONS AND CORRECT COMPLETE 300 QUESTIONS AND CORRECT
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D. the taxing authority can order the condominium be dissolved B. tenancy in severalty
- Precise Answer ✔✔B. a lien can be filed against the neighbor's C. joint tenancy
unit
D. tenancy in common - Precise Answer ✔✔D. tenancy in
common
The severalty owner of a parcel of land sells it. The buyer insists
that the owner's wife also sign the deed. The purpose of
obtaining the wife's signature is to: Which of the following statements is true? I. A life estate is a
freehold estate. II. It is possible to have a freehold estate and a
non-freehold estate on the same property at the same time.
A. terminate any rights the wife may have in the property
B. defeat any curtsey rights A. I only
C. provide evidence that the owner is married B. II only
D. subordinate the wife's signature to the buyer - Precise Answer C. Both I and II
✔✔A. terminate any rights the wife may have in the property
D. Neither I nor II - Precise Answer ✔✔C. Both I and II
Vonda Lee and William purchased a home together in 2003 with
the deed simply listing both of them as "grantees" without Which of the following would be considered real property? I.
specifying how they were to hold title. They married each other Electrical switch plate covers II. Gas logs attached to a fireplace
in early 2004. How do they now likely hold title to the house
purchased in 2003 if they have not made any other adjustments
A. I only
to their deed?
B. II only
C. Both I and II
A. tenancy by the entirety
COMPLETE 300 QUESTIONS AND CORRECT COMPLETE 300 QUESTIONS AND CORRECT
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D. Permanence of Investment - Precise Answer ✔✔B.
Uniqueness
All of the following are physical characteristics of land except: Which of the following is considered to have the greatest impact
on the value of a property?
A. Indestructibility
A. Area Preference
B. Uniqueness
B. Permanence of Investment
C. Immobility
C. Scarcity
D. Scarcity - Precise Answer ✔✔D. Scarcity
D. Uniqueness - Precise Answer ✔✔A. Area Preference
Under the doctrine of specific performance, the party harmed by
breach of a real estate contract can ask a judge to force the The concept by which land would increase automatically along a
breaching party to carry out the terms of the contract rather than river or stream is known as:
order the breaching party to pay monetary damages. Which
physical characteristic of land is the basis for the doctrine of
specific performance? A. Accretion
B. Littoral Rights
A. Indestructibility C. Avulsion
B. Uniqueness D. Reliction - Precise Answer ✔✔A. Accretion
C. Immobility
, Superior Real Estate School Exam ACTUAL EXAMS Superior Real Estate School Exam ACTUAL EXAMS
COMPLETE 300 QUESTIONS AND CORRECT COMPLETE 300 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW!! |ALREADY GRADED A+||BRAND NEW!!
The owner of a house wants to fence the yard for a dog. When A woman conveys a life estate to her son-in-law and stipulates
the fence is erected, the fencing materials are converted to real that upon his death the estate will pass to her grandson. The
estate by: grandson has an:
A. Severance A. Estate in Reversion
B. Annexation B. Estate in Remainder
C. Immobility C. Estate Pur Autre Vie
D. Indestructibility - Precise Answer ✔✔B. Annexation D. Estate for the life of another - Precise Answer ✔✔B. Estate
in Remainder
A deed conveyed ownership to a grantee "so long as the existing
building on the property is not destroyed." Following the A person who acquired ownership that can be inherited, with the
transfer, the original grantor has what type of interest? provision "that the land must always be used for recreational
purposes," has:
A. Life Estate
B. ongoing ownership in the property that lasts as long as the A. a fee simple absolute estate
condition B. a defeasible fee
C. Fee Simple Estate C. a fee simple to a condition subsequent estate
D. Reversionary Estate - Precise Answer ✔✔D. Reversionary D. an estate that cannot be sold - Precise Answer ✔✔B. a
Estate defeasible fee
, Superior Real Estate School Exam ACTUAL EXAMS Superior Real Estate School Exam ACTUAL EXAMS
COMPLETE 300 QUESTIONS AND CORRECT COMPLETE 300 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW!! |ALREADY GRADED A+||BRAND NEW!!
A brother and sister bought a commercial building and took title Three joint tenants with rights of survivorship own a parcel of
as joint tenants with right of survivorship. The brother died. The land. One owner sells his interest to a long-time friend. After the
sister now owns the building: conveyance, the remaining original owners:
A. as a joint tenant with right of survivorship with her brother's A. become tenants in common with each other
heirs B. become tenants in common with each other and the newest
B. in severalty owner
C. as a tenant in common with her brother's heirs C. become joint tenants with the newest owner
D. as a life tenant with her brother's heirs having remainder D. remain joint tenants with each other - Precise Answer ✔✔D.
interests - Precise Answer ✔✔B. in severalty remain joint tenants with each other
Co-owners of a fee simple interest in a small office building are The owner of a condominium unit learns that a neighbor has
neither related to nor a creditor to each other. One owner dies failed to pay his condominium association dues. If the neighbor
intestate. The surviving owner would become the sole owner of does NOT pay the dues:
the property under which of the following rights?
A. a lien can be filed against the condominium complex
A. adverse possession B. a lien can be filed against the neighbor's unit
B. reversionary interest C. a lien can only be filed against the common areas of the
C. survivorship condominium
D. foreclosure - Precise Answer ✔✔C. survivorship
, Superior Real Estate School Exam ACTUAL EXAMS Superior Real Estate School Exam ACTUAL EXAMS
COMPLETE 300 QUESTIONS AND CORRECT COMPLETE 300 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW!! |ALREADY GRADED A+||BRAND NEW!!
D. the taxing authority can order the condominium be dissolved B. tenancy in severalty
- Precise Answer ✔✔B. a lien can be filed against the neighbor's C. joint tenancy
unit
D. tenancy in common - Precise Answer ✔✔D. tenancy in
common
The severalty owner of a parcel of land sells it. The buyer insists
that the owner's wife also sign the deed. The purpose of
obtaining the wife's signature is to: Which of the following statements is true? I. A life estate is a
freehold estate. II. It is possible to have a freehold estate and a
non-freehold estate on the same property at the same time.
A. terminate any rights the wife may have in the property
B. defeat any curtsey rights A. I only
C. provide evidence that the owner is married B. II only
D. subordinate the wife's signature to the buyer - Precise Answer C. Both I and II
✔✔A. terminate any rights the wife may have in the property
D. Neither I nor II - Precise Answer ✔✔C. Both I and II
Vonda Lee and William purchased a home together in 2003 with
the deed simply listing both of them as "grantees" without Which of the following would be considered real property? I.
specifying how they were to hold title. They married each other Electrical switch plate covers II. Gas logs attached to a fireplace
in early 2004. How do they now likely hold title to the house
purchased in 2003 if they have not made any other adjustments
A. I only
to their deed?
B. II only
C. Both I and II
A. tenancy by the entirety
