PA Real Estate Fundamentals
2026 Exam Questions and
Correct Answers | New Update
Which phrase best defines real estate?
A. Lane and the air above it
B. Land and all things permanently attached by nature
C. Land and all things permanently affixed to it
D. Land and the mineral rights in the land - 🧠ANSWER ✔✔C. The land and
all things permanently affixed to it
,Nonhomogeneity refers to...
A. Scarcity
B. Immobility
C. Uniqueness
D. Indestructibility - 🧠ANSWER ✔✔C. Uniqueness
The bundle of rights includes all except...
A. Possess the property
B. Enjoy the property within the framework of the law
C. Sell or otherwise convey the property
D. Use the property for any purpose - 🧠ANSWER ✔✔D. Use the property
for any purpose
Which of the following is a physical characteristic of real estate?
A. Location or area preference
B. Permanence of investment
C. Scarcity
,D. Indestructibility - 🧠ANSWER ✔✔D. Indestructibility
Which of the following would not be a consideration when determining
whether an item is real property?
A. Cost of the item when purchased
B. Method of attachment
C. Intended use by owner
D. Manner which the item is used - 🧠ANSWER ✔✔A. Cost of the item when
purchased
Define scarcity - 🧠ANSWER ✔✔The availability of land in a given location
What is zoning - 🧠ANSWER ✔✔Regulatory tool that helps communities
regulate and control how land is used to protest the public
What is PUD or Planned Unit Development? - 🧠ANSWER ✔✔Development
where land is set aside for mixed use purposes
Define nonconforming use - 🧠ANSWER ✔✔Allowed to continue as long as
it complies with the regulations until improvements are destroyed
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
, Conditional use permit - 🧠ANSWER ✔✔Also known as limited variance or
special use permit; special permission to do something otherwise forbidden
in zoning laws as long as it is deemed to be in the interest of the public
Define Plat - 🧠ANSWER ✔✔Detailed map that illustrated geographic
boundaries of individual lots
Define density zoning - 🧠ANSWER ✔✔Ordinances that may restrict the
average maximum of homes per acre that can be built in a subdivision
Define reed restriction - 🧠ANSWER ✔✔Limitations to the use of the
property imposed by a past owner and are binding on future owners
Define restrictive covenant - 🧠ANSWER ✔✔Declarations of conditions and
restrictions that affect use of all parcels of land within a subdivision
Define arsenic - 🧠ANSWER ✔✔Natural element found in water, soil, air,
and has been linked to cancer
Define asbestos - 🧠ANSWER ✔✔Fire resistant material once used for
insulation
Define carbon monoxide - 🧠ANSWER ✔✔a colorless, odorless, and
poisonous gas
2026 Exam Questions and
Correct Answers | New Update
Which phrase best defines real estate?
A. Lane and the air above it
B. Land and all things permanently attached by nature
C. Land and all things permanently affixed to it
D. Land and the mineral rights in the land - 🧠ANSWER ✔✔C. The land and
all things permanently affixed to it
,Nonhomogeneity refers to...
A. Scarcity
B. Immobility
C. Uniqueness
D. Indestructibility - 🧠ANSWER ✔✔C. Uniqueness
The bundle of rights includes all except...
A. Possess the property
B. Enjoy the property within the framework of the law
C. Sell or otherwise convey the property
D. Use the property for any purpose - 🧠ANSWER ✔✔D. Use the property
for any purpose
Which of the following is a physical characteristic of real estate?
A. Location or area preference
B. Permanence of investment
C. Scarcity
,D. Indestructibility - 🧠ANSWER ✔✔D. Indestructibility
Which of the following would not be a consideration when determining
whether an item is real property?
A. Cost of the item when purchased
B. Method of attachment
C. Intended use by owner
D. Manner which the item is used - 🧠ANSWER ✔✔A. Cost of the item when
purchased
Define scarcity - 🧠ANSWER ✔✔The availability of land in a given location
What is zoning - 🧠ANSWER ✔✔Regulatory tool that helps communities
regulate and control how land is used to protest the public
What is PUD or Planned Unit Development? - 🧠ANSWER ✔✔Development
where land is set aside for mixed use purposes
Define nonconforming use - 🧠ANSWER ✔✔Allowed to continue as long as
it complies with the regulations until improvements are destroyed
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
, Conditional use permit - 🧠ANSWER ✔✔Also known as limited variance or
special use permit; special permission to do something otherwise forbidden
in zoning laws as long as it is deemed to be in the interest of the public
Define Plat - 🧠ANSWER ✔✔Detailed map that illustrated geographic
boundaries of individual lots
Define density zoning - 🧠ANSWER ✔✔Ordinances that may restrict the
average maximum of homes per acre that can be built in a subdivision
Define reed restriction - 🧠ANSWER ✔✔Limitations to the use of the
property imposed by a past owner and are binding on future owners
Define restrictive covenant - 🧠ANSWER ✔✔Declarations of conditions and
restrictions that affect use of all parcels of land within a subdivision
Define arsenic - 🧠ANSWER ✔✔Natural element found in water, soil, air,
and has been linked to cancer
Define asbestos - 🧠ANSWER ✔✔Fire resistant material once used for
insulation
Define carbon monoxide - 🧠ANSWER ✔✔a colorless, odorless, and
poisonous gas
