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PEARSON VUE REAL ESTATE PRACTICE EXAM 2026
(NATIONAL)|QUESTIONS AND VERIFIED
ANSWERS|ALREADY A GRADED | NEW AND REVISED
1. A landlord enters into a lease with a tenant. The lease contains a provision stating
that, if the landlord decides to sell the property during the term of the lease, the
tenant will have the first right of refusal to purchase the property. Prior to the tenant's
lease expiration, the landlord would like to sell the prop- erty. The landlord:: must otter the
tenant the first opportunity to purchase
2. Which of the following types of legal descriptions identifies a property by
outlining its boundaries in terms of a series of directions and distances from a specific
point of origin?: metes and bound
3. If a purchase contract for a commercial property includes a due diligence contingency
for the buyer, then the buyer MAY:: terminate the contract if the buyer is not satisfied with the
inspection
4. Which of the following actions is an example of blockbusting?: stating that the presence
of certain persons in a neighborhood will increase crime
5. When a contract states that "time is of the essence," the contract MUST be delivered
and presented:: as soon as possible
6. In order for a property manager to determine net operating income on a property,
which of the following fees is subtracted from the effective gross income?: operating
expenses
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7. A broker lists a property. The broker advertises and shows the property several
times, but after each showing, the owners call the broker with a list
of unreasonable restrictions they want placed on the showing of the property. The
broker decides not to continue the listing. In this situation, the broker:: may rescind the listing
contract upon obtaining permission from the owners
8. A portion of an advertisement reads: "New four-bedroom, two-bath home for
sale in a family neighborhood. Yours for only $1,100 per month." This advertisement
VIOLATES the provisions of the:: Truth in Lending and Fair Housing Acts
9. The CERCLA is administered by the:: Environmental Protection Agency (EPA)
10. A net lease affords the lessee the:: deduction for real estate taxes
11. If a broker lists a property and agrees to net the seller $83,000 after the broker's
6% commission is paid, the property must be sold for a MINIMUM of:: $88,298
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PEARSON VUE REAL ESTATE PRACTICE EXAM 2026
(NATIONAL)|QUESTIONS AND VERIFIED
ANSWERS|ALREADY A GRADED | NEW AND REVISED
1. A landlord enters into a lease with a tenant. The lease contains a provision stating
that, if the landlord decides to sell the property during the term of the lease, the
tenant will have the first right of refusal to purchase the property. Prior to the tenant's
lease expiration, the landlord would like to sell the prop- erty. The landlord:: must otter the
tenant the first opportunity to purchase
2. Which of the following types of legal descriptions identifies a property by
outlining its boundaries in terms of a series of directions and distances from a specific
point of origin?: metes and bound
3. If a purchase contract for a commercial property includes a due diligence contingency
for the buyer, then the buyer MAY:: terminate the contract if the buyer is not satisfied with the
inspection
4. Which of the following actions is an example of blockbusting?: stating that the presence
of certain persons in a neighborhood will increase crime
5. When a contract states that "time is of the essence," the contract MUST be delivered
and presented:: as soon as possible
6. In order for a property manager to determine net operating income on a property,
which of the following fees is subtracted from the effective gross income?: operating
expenses
1/
13
,2 | Page
7. A broker lists a property. The broker advertises and shows the property several
times, but after each showing, the owners call the broker with a list
of unreasonable restrictions they want placed on the showing of the property. The
broker decides not to continue the listing. In this situation, the broker:: may rescind the listing
contract upon obtaining permission from the owners
8. A portion of an advertisement reads: "New four-bedroom, two-bath home for
sale in a family neighborhood. Yours for only $1,100 per month." This advertisement
VIOLATES the provisions of the:: Truth in Lending and Fair Housing Acts
9. The CERCLA is administered by the:: Environmental Protection Agency (EPA)
10. A net lease affords the lessee the:: deduction for real estate taxes
11. If a broker lists a property and agrees to net the seller $83,000 after the broker's
6% commission is paid, the property must be sold for a MINIMUM of:: $88,298
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