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SUPERIOR SCHOOL OF REAL ESTATE FINAL EXAM SCRIPT 2026 FULL SOLUTION SET

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SUPERIOR SCHOOL OF REAL ESTATE FINAL EXAM SCRIPT 2026 FULL SOLUTION SET

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SUPERIOR SCHOOL OF REAL ESTATE FINAL
EXAM SCRIPT 2026 FULL SOLUTION SET

◉ A city evicts tenants of an apartment complex by the power of
eminent domain because of a planned highway expansion. Does the
city have to pay compensation and does the city have to let the
tenants finish their lease terms?


A. The city would have to allow the tenants to complete their lease
term and must pay them compensation.
B. The city may never condemn an apartment building or other
facility that is currently occupied.
C. The city does not have to allow the tenants to complete their lease
term, but the city will have to compensate the tenants.
D. The city does not have to allow the tenants to finish their lease
terms an because they are not the owner of the apartment building,
the tenants have no right to compensation.. Answer: C. The city does
not have to allow the tenants to complete their lease term, but the
city will have to compensate the tenants.


◉ A developer requires all builders within the subdivision to build a
certain standard home and also requires that no home may be built
smaller than 4,000 square feet. What type of restriction has the
developer created and how may it be enforced?

,A. Building permits, enforced through the city or county in which the
property is located.
B. Private deed restrictions, enforced through a court of law.
C. Building codes, enforced through state and city building councils.
D. Zoning, enforced through the zoning board.. Answer: B. Private
deed restrictions, enforced through a court of law.


◉ Which of the following adds land due to natural changes along
non-navigable streams?
A. Accretion
B. Avulsion
C. Erosion
D. Reliction. Answer: A. Accretion


◉ The recording of a deed:


A. insures the interest in a parcel of real estate.
B. warrants the title to real property.
C. gives constructive notice of the ownership of real property.
D. is all that is required to transfer the title to real estate.. Answer: C.
gives constructive notice of the ownership of real property.

,◉ Subdivision regulations in North Carolina are administered and
enforced by:


A. the city and county local municipalities.
B. through the state office of Code Enforcement.
C. the state Department of Transportation.
D. the developer and the local homeowner's association.. Answer: C.
the state Department of Transportation.


◉ With regard to road disclosures in North Carolina:


A. a public street is guaranteed to be approved and maintained by
NCDOT.
B. a licensee must disclose whether the streets are public or private
and who has the responsibility for maintaining the street.
C. the buyer representative and the listing agent are not required to
make street disclosures. Such disclosures are the seller's
responsibility.
D. all public streets are maintained by NCDOT or our automatically
maintained by the municipality where the streets are located..
Answer: B. a licensee must disclose whether the streets are public or
private and who has the responsibility for maintaining the street.

, ◉ Karen purchased a property and has a written and recorded
document that gives her permanent ingress and egress to her parcel
across an adjacent property. Which of the following statements is
correct regarding Karen's situation?


A. Karen has a license which will end when her term of ownership
terminates.
B. Karen has an easement in gross which is an appurtenance and
travels with the property.
C. She owns the dominant parcel and the adjacent property is the
servient parcel.
D. She owns the servient parcel and the parcel over which the
easement runs is the dominant. Answer: C. She owns the dominant
parcel and the adjacent property is the servient parcel.


◉ The North Carolina Real Estate Commission consists of nine
members, three of which must have a license and two which must be
members of the public and not licensed. Which of the following is
also true regarding the NCREC?


A. The NC Real Estate Commission will not hear commission
disputes between the agent and their client, but they will assist in
the resolution of fee disputes between real estate licensees
B. The terms of the NC Real Estate Commission are life-long
appointments.

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