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SUPERIOR REAL ESTATE SCHOOL EXAM BANK
2026/2027 VERIFIED EXAM| ALL CURRENTLY
TESTING AND FREQUENTLY TESTED QUESTIONS
WITH DETAILED VERIFIED ANSWERS / EXAM
QUESTIONS AND VERIFIED ANSWERS |ALREADY
GRADED A+|| NEWEST EXAM!!!
A deed conveyed ownership to a grantee "so long as the
existing building on the property is not destroyed."
Following the transfer, the original grantor has what type of
interest?
A. Life Estate
B. ongoing ownership in the property that lasts as long as
the condition
C. Fee Simple Estate
D. Reversionary Estate - Answer-D. Reversionary Estate
A woman conveys a life estate to her son-in-law and
stipulates that upon his death the estate will pass to her
grandson. The grandson has an:
A. Estate in Reversion
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B. Estate in Remainder
C. Estate Pur Autre Vie
D. Estate for the life of another - Answer-B. Estate in
Remainder
A person who acquired ownership that can be inherited,
with the provision "that the land must always be used for
recreational purposes," has:
A. a fee simple absolute estate
B. a defeasible fee
C. a fee simple to a condition subsequent estate
D. an estate that cannot be sold - Answer-B. a defeasible
fee
A brother and sister bought a commercial building and
took title as joint tenants with right of survivorship. The
brother died. The sister now owns the building:
A. as a joint tenant with right of survivorship with her
brother's heirs
B. in severalty
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C. as a tenant in common with her brother's heirs
D. as a life tenant with her brother's heirs having
remainder interests - Answer-B. in severalty
Co-owners of a fee simple interest in a small office
building are neither related to nor a creditor to each other.
One owner dies intestate. The surviving owner would
become the sole owner of the property under which of the
following rights?
A. adverse possession
B. reversionary interest
C. survivorship
D. foreclosure - Answer-C. survivorship
Three joint tenants with rights of survivorship own a parcel
of land. One owner sells his interest to a long-time friend.
After the conveyance, the remaining original owners:
A. become tenants in common with each other
B. become tenants in common with each other and the
newest owner
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C. become joint tenants with the newest owner
D. remain joint tenants with each other - Answer-D. remain
joint tenants with each other
The owner of a condominium unit learns that a neighbor
has failed to pay his condominium association dues. If the
neighbor does NOT pay the dues:
A. a lien can be filed against the condominium complex
B. a lien can be filed against the neighbor's unit
C. a lien can only be filed against the common areas of
the condominium
D. the taxing authority can order the condominium be
dissolved - Answer-B. a lien can be filed against the
neighbor's unit
All of the following are physical characteristics of land
except:
A. Indestructibility
B. Uniqueness
C. Immobility
D. Scarcity - Answer-D. Scarcity
SUPERIOR REAL ESTATE SCHOOL EXAM BANK
2026/2027 VERIFIED EXAM| ALL CURRENTLY
TESTING AND FREQUENTLY TESTED QUESTIONS
WITH DETAILED VERIFIED ANSWERS / EXAM
QUESTIONS AND VERIFIED ANSWERS |ALREADY
GRADED A+|| NEWEST EXAM!!!
A deed conveyed ownership to a grantee "so long as the
existing building on the property is not destroyed."
Following the transfer, the original grantor has what type of
interest?
A. Life Estate
B. ongoing ownership in the property that lasts as long as
the condition
C. Fee Simple Estate
D. Reversionary Estate - Answer-D. Reversionary Estate
A woman conveys a life estate to her son-in-law and
stipulates that upon his death the estate will pass to her
grandson. The grandson has an:
A. Estate in Reversion
,2|Page
B. Estate in Remainder
C. Estate Pur Autre Vie
D. Estate for the life of another - Answer-B. Estate in
Remainder
A person who acquired ownership that can be inherited,
with the provision "that the land must always be used for
recreational purposes," has:
A. a fee simple absolute estate
B. a defeasible fee
C. a fee simple to a condition subsequent estate
D. an estate that cannot be sold - Answer-B. a defeasible
fee
A brother and sister bought a commercial building and
took title as joint tenants with right of survivorship. The
brother died. The sister now owns the building:
A. as a joint tenant with right of survivorship with her
brother's heirs
B. in severalty
,3|Page
C. as a tenant in common with her brother's heirs
D. as a life tenant with her brother's heirs having
remainder interests - Answer-B. in severalty
Co-owners of a fee simple interest in a small office
building are neither related to nor a creditor to each other.
One owner dies intestate. The surviving owner would
become the sole owner of the property under which of the
following rights?
A. adverse possession
B. reversionary interest
C. survivorship
D. foreclosure - Answer-C. survivorship
Three joint tenants with rights of survivorship own a parcel
of land. One owner sells his interest to a long-time friend.
After the conveyance, the remaining original owners:
A. become tenants in common with each other
B. become tenants in common with each other and the
newest owner
, 4|Page
C. become joint tenants with the newest owner
D. remain joint tenants with each other - Answer-D. remain
joint tenants with each other
The owner of a condominium unit learns that a neighbor
has failed to pay his condominium association dues. If the
neighbor does NOT pay the dues:
A. a lien can be filed against the condominium complex
B. a lien can be filed against the neighbor's unit
C. a lien can only be filed against the common areas of
the condominium
D. the taxing authority can order the condominium be
dissolved - Answer-B. a lien can be filed against the
neighbor's unit
All of the following are physical characteristics of land
except:
A. Indestructibility
B. Uniqueness
C. Immobility
D. Scarcity - Answer-D. Scarcity
