LEASING AGENT EXAMINATION TEST 2026
FULL QUESTIONS AND SOLUTIONS
GRADED A+
●● Accord and Satisfaction.
Answer: When all parties have agreed to a change in one or more of the
terms of a contract.
●● Actual Eviction.
Answer: The legal process that results in the tenant's being physically
removed from the leased premises.
●● Administrative Law Judge (ALJ).
Answer: A judge who hears complaints and considers evidence
regarding violations of the Fair Housing Act.
●● Agency.
Answer: The legal relationship created when one person represents
another.
●● Air Rights.
Answer: The right to use the open space above a property, usually
allowing the surface to be used for another purpose.
,●● Airspace.
Answer: The air above the earth, all the way into space.
●● Americans With Disabilities Act of 1990.
Answer: A law passed in 1990 that requires employers and public
facilities to make "reasonable accommodations" for people with
disabilities and prohibits discrimination against these individuals in
employment.
●● Assignment.
Answer: The act of one party to a contract allowing someone else to
assume all of his/her rights under the contract.
●● Customer.
Answer: A consumer who is not being represented by a licensee.
●● Bilateral Contract.
Answer: promise for a promise
●● Blockbusting.
Answer: Inducing an owner to sell or rent a dwelling by making
representations regarding entry of persons of a protected class, also
referred to as "panic peddling."
, ●● Breach of Contract.
Answer: The action or lack of action of one party to a contract which
violates the terms of the agreement.
●● Brokerage Agreement.
Answer: The relationship created between a sponsoring broker and any
member of the public who is receiving real estate services through the
sponsoring broker or the broker's sponsored licensees.
●● Chattel.
Answer: Personal property, or objects which are not permanently affixed
to land.
●● Civil Rights Act of 1866.
Answer: Guaranteed property rights to all citizens regardless of race.
This act specifically provides that all citizens shall have the same right
to inherit, purchase, sell or lease real and personal property.
●● Client.
Answer: A person who is being represented by a licensee
●● Commingling.
FULL QUESTIONS AND SOLUTIONS
GRADED A+
●● Accord and Satisfaction.
Answer: When all parties have agreed to a change in one or more of the
terms of a contract.
●● Actual Eviction.
Answer: The legal process that results in the tenant's being physically
removed from the leased premises.
●● Administrative Law Judge (ALJ).
Answer: A judge who hears complaints and considers evidence
regarding violations of the Fair Housing Act.
●● Agency.
Answer: The legal relationship created when one person represents
another.
●● Air Rights.
Answer: The right to use the open space above a property, usually
allowing the surface to be used for another purpose.
,●● Airspace.
Answer: The air above the earth, all the way into space.
●● Americans With Disabilities Act of 1990.
Answer: A law passed in 1990 that requires employers and public
facilities to make "reasonable accommodations" for people with
disabilities and prohibits discrimination against these individuals in
employment.
●● Assignment.
Answer: The act of one party to a contract allowing someone else to
assume all of his/her rights under the contract.
●● Customer.
Answer: A consumer who is not being represented by a licensee.
●● Bilateral Contract.
Answer: promise for a promise
●● Blockbusting.
Answer: Inducing an owner to sell or rent a dwelling by making
representations regarding entry of persons of a protected class, also
referred to as "panic peddling."
, ●● Breach of Contract.
Answer: The action or lack of action of one party to a contract which
violates the terms of the agreement.
●● Brokerage Agreement.
Answer: The relationship created between a sponsoring broker and any
member of the public who is receiving real estate services through the
sponsoring broker or the broker's sponsored licensees.
●● Chattel.
Answer: Personal property, or objects which are not permanently affixed
to land.
●● Civil Rights Act of 1866.
Answer: Guaranteed property rights to all citizens regardless of race.
This act specifically provides that all citizens shall have the same right
to inherit, purchase, sell or lease real and personal property.
●● Client.
Answer: A person who is being represented by a licensee
●● Commingling.
