Accurate Answers 2025\2026 A+ Grade.
The Transfer Disclosure Statement (TDS) is required in which type of
transaction?
A) Sales involving co-owners B) Sales involving federally regulated lenders C)
Sales involving one-to-four-family dwellings, except for specified exempt
transactions D) Only in "as-is" sales
- accurate answers-C) Sales involving one-to four-family dwellings, except for
specified exempt transactions
To qualify for a real estate broker's license, a person must complete
A) eight college-level courses. B) a two-year AA degree. C) two college-level
courses within 18 months D) a four-year college degree.
- accurate answers-D) a four-year college degree
The appraisal principle of regression provides that a property of higher value
tends to decrease in value when surrounded by properties of
A) lower value B) Higher income C) lower capitalization D) different character
- accurate answers-A) lower value
An easement by prescription terminates after nonuse for
A) 1 year. B) 3 months. C) 5 years. D) 180 days.
- accurate answers-C) 5 years.
The second property tax installment becomes delinquent on
A) November 1 B) December 10 C) April 10 D) February 1
- accurate answers-C) April 10
In a township, the section north of Section 10 is
, A) Section 22 B) Section 7 C) Section 12 D) Section 3
- accurate answers-D) Section 3
When property is used to secure payment of a debt or obligation, a lien on the
property is given by the borrower, who is called
A) The mortgagor B) The Trustee C) The Lender D) The mortgagee
- accurate answers-A) The Mortgagor
When a person dies without a will, the person is said to have died
A) intestate B) with a devise C) with a bequest D) Testate
- accurate answers-A) intestate
The Real Estate Commissioner's regulations have
A) never been enforced. B) authority only over the BRE staff. C) the same force
and effect as law. D) no impact on licensees
- accurate answers-C) the same force and effect as law.
Which of the following is NOT an example of actual fraud
A) lying B) Misrepresentations made without fraudulent intent C) suppressing
known facts D) a promise made without any intention of performing it
- accurate answers-B) Misrepresentations made without fraudulent intent
A deed that makes no express or implied warranties that the grantor owns
any interest in a property is
A) a warranty deed B) a trust deed C) a grant deed D) a quitclaim deed
- accurate answers-D) a quitclaim deed
An easement that is acquired by a use that is hostile to the interests of the
owner is an easement by
A) prescription B) condemnation C) implication of law D) express grant
- accurate answers-A) prescription
A fictitious business name statement must be renewed every