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Exam (elaborations)

Principles of Real Estate II Final Exam Questions With Answers

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Principles of Real Estate II Final Exam Questions With Answers

Institution
Principles Of Real Estate
Course
Principles of Real Estate

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Principles of Real Estate II Final Exam // // // // // //




Questions With Answers
// // // //




1. The ______________ is the most active in the regulation of
// // // // // // // // // //




real estate licensees. - CORRECT ANSWERS(S)✔✔d) state
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government
//




2. Which of the following is necessary for a deed of
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conveyance to be valid? - CORRECT ANSWERS(S)✔✔b)
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The deed must be in writing
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3. The primary distinction between the legal concepts of
// // // // // // // //



real estate and real property is that - CORRECT
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ANSWERS(S)✔✔a) real property includes ownership of a
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bundle of rights.
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4. An applicant for a salesperson license must - CORRECT
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ANSWERS(S)✔✔c) have a finger printing and background
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check prior to receiving a license.
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, 5. TRELA makes provisions for - CORRECT
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ANSWERS(S)✔✔c) a prerequisite of a minimum of 15
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classroom hours counted toward license renewal every
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two years.
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6. A(n) ______________ is a freehold estate that is limited to
// // // // // // // // // //



the duration of the life of the owner. - CORRECT
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ANSWERS(S)✔✔b) life estate
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7. What distinguishes a lien from other types of
// // // // // // // //




encumbrance? - CORRECT ANSWERS(S)✔✔a) It involves a
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monetary claim against the value of a property.
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8. What type of conventional life estate ends with the
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death of the life estate owner? - CORRECT
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ANSWERS(S)✔✔b) Ordinary life estate
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9. When speaking of real estate market dynamics, the
// // // // // // // //



amount of available properties that becomes occupied
// // // // // // //



over a period of time is called - CORRECT
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ANSWERS(S)✔✔b) absorption.
// //
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Institution
Principles of Real Estate
Course
Principles of Real Estate

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Uploaded on
March 28, 2026
Number of pages
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Written in
2025/2026
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  • principles of real estate ii final exam questions
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