LEASING AGENT EXAM COMPREHENSIVE
EXAMINATION TEST 2026 QUESTIONS WITH
CORRECT ANSWERS
● Accord and Satisfaction - When all parties have agreed to a change in
one or more of the terms of a contract.
● Actual Eviction - Court action initiated by the lessor to have a tenant
removed from the premises.
● Administrative Law Judge (ALJ) - A judge who hears complaints and
considers evidence regarding violations of the Fair Housing Act.
● Agency - The legal relationship created when one person represents
another.
● Air Rights - Rights to use the space above the surface of land upward
into the sky.
● Airspace - The space above the surface extending into infinity.
, ● Americans with Disabilities Act of 1990 - A comprehensive civil rights
law for the protection of persons with physical and mental disabilities.
This law mandates equal access to jobs, public accommodations,
government services, public transportation, and telecommunications.
● Assignment - The act of one party to a contract allowing someone else
to assume all of his/her rights under the contract.
● Bilateral Contract - A contract in which two parties exchange
promises.
● Blockbusting - Inducing an owner to sell or rent a dwelling by making
representations regarding entry of persons of a protected class, also
referred to as 'panic peddling.'
● Breach of Contract - The action or lack of action of one party to a
contract which violates the terms of the agreement.
● Brokerage Agreement - The relationship created between a sponsoring
broker and any member of the public who is receiving real estate
services through the sponsoring broker or the broker's sponsored
licensees.
● Chattel - Personal property, or objects which are not permanently
affixed to land.
EXAMINATION TEST 2026 QUESTIONS WITH
CORRECT ANSWERS
● Accord and Satisfaction - When all parties have agreed to a change in
one or more of the terms of a contract.
● Actual Eviction - Court action initiated by the lessor to have a tenant
removed from the premises.
● Administrative Law Judge (ALJ) - A judge who hears complaints and
considers evidence regarding violations of the Fair Housing Act.
● Agency - The legal relationship created when one person represents
another.
● Air Rights - Rights to use the space above the surface of land upward
into the sky.
● Airspace - The space above the surface extending into infinity.
, ● Americans with Disabilities Act of 1990 - A comprehensive civil rights
law for the protection of persons with physical and mental disabilities.
This law mandates equal access to jobs, public accommodations,
government services, public transportation, and telecommunications.
● Assignment - The act of one party to a contract allowing someone else
to assume all of his/her rights under the contract.
● Bilateral Contract - A contract in which two parties exchange
promises.
● Blockbusting - Inducing an owner to sell or rent a dwelling by making
representations regarding entry of persons of a protected class, also
referred to as 'panic peddling.'
● Breach of Contract - The action or lack of action of one party to a
contract which violates the terms of the agreement.
● Brokerage Agreement - The relationship created between a sponsoring
broker and any member of the public who is receiving real estate
services through the sponsoring broker or the broker's sponsored
licensees.
● Chattel - Personal property, or objects which are not permanently
affixed to land.
