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SUPERIOR REAL ESTATE SCHOOL EXAM BANK 2026/2027 VERIFIED EXAM!!| ALL CURRENTLY TESTING AND FREQUENTLY TESTED QUESTIONS AND ANSWERS WITH A STUDY GUIDE | EXPERT VERIFIED FOR GUARANTEED PASS | ALREADY GRADED A+ / NEWEST EXAM!!!

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SUPERIOR REAL ESTATE SCHOOL EXAM BANK 2026/2027 VERIFIED EXAM!!| ALL CURRENTLY TESTING AND FREQUENTLY TESTED QUESTIONS AND ANSWERS WITH A STUDY GUIDE | EXPERT VERIFIED FOR GUARANTEED PASS | ALREADY GRADED A+ / NEWEST EXAM!!!

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SUPERIOR REAL ESTATE SCHOOL EXAM BANK
2026/2027 VERIFIED EXAM!!| ALL CURRENTLY
TESTING AND FREQUENTLY TESTED QUESTIONS
AND ANSWERS WITH A STUDY GUIDE | EXPERT
VERIFIED FOR GUARANTEED PASS | ALREADY
GRADED A+ / NEWEST EXAM!!!


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

,2|Page


B. in severalty
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

,3|Page


B. become tenants in common with each other and the
newest owner
C. become joint tenants with the newest owner
D. remain joint tenants with each other - Answer-D. remain
joint tenants with each other
All of the following are physical characteristics of land
except:


A. Indestructibility
B. Uniqueness
C. Immobility
D. Scarcity - Answer-D. Scarcity


Under the doctrine of specific performance, the party
harmed by breach of a real estate contract can ask a
judge to force the breaching party to carry out the terms of
the contract rather than order the breaching party to pay
monetary damages. Which physical characteristic of land
is the basis for the doctrine of specific performance?


A. Indestructibility
B. Uniqueness

, 4|Page


C. Immobility
D. Permanence of Investment - Answer-B. Uniqueness


Which of the following is considered to have the greatest
impact on the value of a property?


A. Area Preference
B. Permanence of Investment
C. Scarcity
D. Uniqueness - Answer-A. Area Preference


The concept by which land would increase automatically
along a river or stream is known as:


A. Accretion
B. Littoral Rights
C. Avulsion
D. Reliction - Answer-A. Accretion

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