Real Estate Salesperson License Exam – Questions
With Correct Solutions
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Practice questions for this set
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The local government needs your land
The fact that an individual must go to
to build a new high school. They have
1 the land describes what physical 2
the right to take your land for the
characteristics of land?
public good. What is this called?
What is best to described a situation
What is an example of involuntary,
3 4 where a buyer and seller agree to
statutory, specific lien?
terminate a contract?
Don't know?
Terms in this set (158)
The fact that an individual must go to Immobility
the land describes what physical
characteristics of land?
,John and Mary are co-owners of a Tenancy in Common
property. John has a 60% interest in
the property and Mary has 40%. What
type of freehold estate do they have?
A Property is surveyed to determine a Metes and Bounds
legal description. The surveyor works
from a point of beginning, and
measures terminal points and angles.
What method of land description is he
using?
John leased space in a building and Because they have been installed, the bookcases and
installed bookcases and ceiling fans in fans are fixtures and have become part of the
that space. His lease will end soon. property. He must leave them behind.
What will happen to the bookcases
and fan?
What is an example of involuntary, Ad Valorem Tax Lien
statutory, specific lien?
Buyer's agent has helped her buyers The agent can include wording int he buyers' offer
find a property. The sellers have that indicates the fountain is included in the sale.
installed a fountain in the courtyard
and the buyers have stressed tot heir
agent that they want the fountain to
be included in the purchase. What
should the buyers' agent do to ensure
that her clients get the fountain?
All of the following are fixtures Land
except?:
1. Shrubs
2. Pool
3. Tree
4. Land
, Mary and John are married with grown Tenancy by the Entirety
children. Both are intestate. If John
dies and Mary becomes the owner of
the home, what type of ownership did
they have?
A one-half acre parcel of land in Scarcity
Manhattan, NY is worth considerably
more than a one-half acre parcel in
White Plains, NY. This is an example of:
What is the difference between an Easement is a right in land and a lien is not
easement and a lien?
A seller shows his property with The seller cannot take the fans because they are
ceiling fans. After closing when the fixtures.
buyer enters the house the ceiling
fans have been removed and the
wires are hanging down from the
ceiling. What best describes this
situation?
A married couple purchases property When the spouse dies their share will pass to their
and takes title as Tenants by the heirs including but not limited to the surviving
Entirety. What is not true about this? spouse.
The local government needs your Eminent Domain
land to build a new high school. They
have the right to take your land for the
public good. What is this called?
You have recently purchased property Request a variance from the zoning board
in an area regulated by zoning. It has
come to your attention that you have
zoning violation on the property. What
should you do?
With Correct Solutions
Save
Practice questions for this set
Learn 1 /7 Study using Learn
Mutual recession
Choose an answer
The local government needs your land
The fact that an individual must go to
to build a new high school. They have
1 the land describes what physical 2
the right to take your land for the
characteristics of land?
public good. What is this called?
What is best to described a situation
What is an example of involuntary,
3 4 where a buyer and seller agree to
statutory, specific lien?
terminate a contract?
Don't know?
Terms in this set (158)
The fact that an individual must go to Immobility
the land describes what physical
characteristics of land?
,John and Mary are co-owners of a Tenancy in Common
property. John has a 60% interest in
the property and Mary has 40%. What
type of freehold estate do they have?
A Property is surveyed to determine a Metes and Bounds
legal description. The surveyor works
from a point of beginning, and
measures terminal points and angles.
What method of land description is he
using?
John leased space in a building and Because they have been installed, the bookcases and
installed bookcases and ceiling fans in fans are fixtures and have become part of the
that space. His lease will end soon. property. He must leave them behind.
What will happen to the bookcases
and fan?
What is an example of involuntary, Ad Valorem Tax Lien
statutory, specific lien?
Buyer's agent has helped her buyers The agent can include wording int he buyers' offer
find a property. The sellers have that indicates the fountain is included in the sale.
installed a fountain in the courtyard
and the buyers have stressed tot heir
agent that they want the fountain to
be included in the purchase. What
should the buyers' agent do to ensure
that her clients get the fountain?
All of the following are fixtures Land
except?:
1. Shrubs
2. Pool
3. Tree
4. Land
, Mary and John are married with grown Tenancy by the Entirety
children. Both are intestate. If John
dies and Mary becomes the owner of
the home, what type of ownership did
they have?
A one-half acre parcel of land in Scarcity
Manhattan, NY is worth considerably
more than a one-half acre parcel in
White Plains, NY. This is an example of:
What is the difference between an Easement is a right in land and a lien is not
easement and a lien?
A seller shows his property with The seller cannot take the fans because they are
ceiling fans. After closing when the fixtures.
buyer enters the house the ceiling
fans have been removed and the
wires are hanging down from the
ceiling. What best describes this
situation?
A married couple purchases property When the spouse dies their share will pass to their
and takes title as Tenants by the heirs including but not limited to the surviving
Entirety. What is not true about this? spouse.
The local government needs your Eminent Domain
land to build a new high school. They
have the right to take your land for the
public good. What is this called?
You have recently purchased property Request a variance from the zoning board
in an area regulated by zoning. It has
come to your attention that you have
zoning violation on the property. What
should you do?
