REAL ESTATE EXAM PRACTICE 110 QUESTIONS &
CORRECT ANSWERS LATEST 2026
Which RE professionals involved in the real estate business are most concerned
about managing real estate? - ANSWER-Property Managers
Real Estate Can be defined as - ANSWER-land and everything permanently
attached to it.
What is included in the bundle of rights inherent in ownership - ANSWER-to
possess
The overriding test of whether an item is a fixture or personal property is -
ANSWER-how it is described in a sale or lease contract.
An owner of a lakefront property tells a fisherman that he cannot fish in a boat
within fifty feet of the owner's shoreline. The fisherman protests that the owner
cannot prevent him. What is true? - ANSWER-The fisherman is correct because
the water and the land underlying it are public property.
The distinguishing feature of a defeasible fee simple estate is that - ANSWER-it
may revert to a grantor if the prescribed use changes.
Dower can best be defined as - ANSWER-a wife's life estate interest in her
husbands property.
, A distinct feature of a joint tenancy is that joint tenants - ANSWER-cannot will
their interest to a party outside the tenancy.
Interests in a condominium differ from those in a cooperative, in that - ANSWER-
the coop owner owns stock in the cooperative.
There are two adjoining properties. An easement allows property A to use the
access road that belongs to property B. In this situation, property B is said to have
which of the following:
Dominate Tenement
Subordinate Tenement
Servient estate
Conditional Life Tenant - ANSWER-Servient estate
Title records of a property reveal several recorded liens: a one year old judgment
lien; a mechanic's lien; dating from two years ago; a special assessment tax lien
recorded last month; and a first mortgage lien recorded five years ago. In case of
foreclosure, which of these liens will be paid first - ANSWER-special assessment
tax lien
A lender may terminate foreclosure proceedings if the defaulting borrower
executes - ANSWER-a deed in lieu of foreclosure
A person has occupied a property for seven years, and no one has ever attempted to
evict her or co-occupy the parcel. In this case, the person might base a claim of
legal ownership on - ANSWER-constructive notice of eviction.
A person wishes to convey any and all interests in a property to another with full
assurances against encumbrances, liens, or any other title defects on the property.
CORRECT ANSWERS LATEST 2026
Which RE professionals involved in the real estate business are most concerned
about managing real estate? - ANSWER-Property Managers
Real Estate Can be defined as - ANSWER-land and everything permanently
attached to it.
What is included in the bundle of rights inherent in ownership - ANSWER-to
possess
The overriding test of whether an item is a fixture or personal property is -
ANSWER-how it is described in a sale or lease contract.
An owner of a lakefront property tells a fisherman that he cannot fish in a boat
within fifty feet of the owner's shoreline. The fisherman protests that the owner
cannot prevent him. What is true? - ANSWER-The fisherman is correct because
the water and the land underlying it are public property.
The distinguishing feature of a defeasible fee simple estate is that - ANSWER-it
may revert to a grantor if the prescribed use changes.
Dower can best be defined as - ANSWER-a wife's life estate interest in her
husbands property.
, A distinct feature of a joint tenancy is that joint tenants - ANSWER-cannot will
their interest to a party outside the tenancy.
Interests in a condominium differ from those in a cooperative, in that - ANSWER-
the coop owner owns stock in the cooperative.
There are two adjoining properties. An easement allows property A to use the
access road that belongs to property B. In this situation, property B is said to have
which of the following:
Dominate Tenement
Subordinate Tenement
Servient estate
Conditional Life Tenant - ANSWER-Servient estate
Title records of a property reveal several recorded liens: a one year old judgment
lien; a mechanic's lien; dating from two years ago; a special assessment tax lien
recorded last month; and a first mortgage lien recorded five years ago. In case of
foreclosure, which of these liens will be paid first - ANSWER-special assessment
tax lien
A lender may terminate foreclosure proceedings if the defaulting borrower
executes - ANSWER-a deed in lieu of foreclosure
A person has occupied a property for seven years, and no one has ever attempted to
evict her or co-occupy the parcel. In this case, the person might base a claim of
legal ownership on - ANSWER-constructive notice of eviction.
A person wishes to convey any and all interests in a property to another with full
assurances against encumbrances, liens, or any other title defects on the property.
