PEARSON VUE ACTUAL TEST PAPER 2026
QUESTIONS WITH VERIFIED ANSWERS GRADED
A+
◉ a lot measuring 110 feet wide by 140 feet deep has a required setback
of 30 feet in front, 20 feet in the rear, and 20 feet on each side. if a
builder wants to put a one-story building on the lot, the MAXIMUM
square footage it can contain is
a. 3,300 sq ft
b. 3,600 sq ft
c. 6,300 sq ft
d. 6,600 sq ft. Answer: c. 6,300 sq ft
◉ a house with a market value of $80,000 is located where property is
assessed at 70% of market value. if the tax rate is $4 per $100 of
assessed value, the property taxes are
a. $224
b. $960
c. $2,240
d. $3,200. Answer: c. $2,240
,◉ a broker charges a leasing fee of one-half of the first months rent and
a management fee of 8% of all rents collected. the broker negotiates a
two-year lease at a monthly rental of $550. which of the following
amounts will the broker earn on this lease
a. $1,378
b $1,331
c. $1,287
d. $1,056. Answer: b. $1,331
◉ a property manager works in the BEST interests of the
a. tenant
b. owner
c. agent
d. bank. Answer: b. owner
◉ in reviewing the deed to a listed property, a licensee noted a number
of limitations regarding its use. these limitations aare commonly known
as:
A. Codicils
B. constraints
C. building codes
, D. restricted covenants. Answer: D. Restricted covenants
◉ the price at which a willing and informed buyer would buy and a
willing and informed seller would sell is called the
a. assessed value
b. book value
c. income approach to value
d. market value. Answer: d. market value
◉ the income approach is MOST likely to be used when determining the
value of a
A. vacant residential lot
b. office building
c. single-family home
d. cooperative apartment. Answer: b. office building
◉ the G's purchased a house from the T's. the G's agreed to the
following terms: monthly payments of $650 to the T's and the balance to
be paid in full after 7 years. at the time the balance is paid, the T's will
give the G's a warranty deed transferring title. in this situation, what type
of financing was used
a. fha loan
QUESTIONS WITH VERIFIED ANSWERS GRADED
A+
◉ a lot measuring 110 feet wide by 140 feet deep has a required setback
of 30 feet in front, 20 feet in the rear, and 20 feet on each side. if a
builder wants to put a one-story building on the lot, the MAXIMUM
square footage it can contain is
a. 3,300 sq ft
b. 3,600 sq ft
c. 6,300 sq ft
d. 6,600 sq ft. Answer: c. 6,300 sq ft
◉ a house with a market value of $80,000 is located where property is
assessed at 70% of market value. if the tax rate is $4 per $100 of
assessed value, the property taxes are
a. $224
b. $960
c. $2,240
d. $3,200. Answer: c. $2,240
,◉ a broker charges a leasing fee of one-half of the first months rent and
a management fee of 8% of all rents collected. the broker negotiates a
two-year lease at a monthly rental of $550. which of the following
amounts will the broker earn on this lease
a. $1,378
b $1,331
c. $1,287
d. $1,056. Answer: b. $1,331
◉ a property manager works in the BEST interests of the
a. tenant
b. owner
c. agent
d. bank. Answer: b. owner
◉ in reviewing the deed to a listed property, a licensee noted a number
of limitations regarding its use. these limitations aare commonly known
as:
A. Codicils
B. constraints
C. building codes
, D. restricted covenants. Answer: D. Restricted covenants
◉ the price at which a willing and informed buyer would buy and a
willing and informed seller would sell is called the
a. assessed value
b. book value
c. income approach to value
d. market value. Answer: d. market value
◉ the income approach is MOST likely to be used when determining the
value of a
A. vacant residential lot
b. office building
c. single-family home
d. cooperative apartment. Answer: b. office building
◉ the G's purchased a house from the T's. the G's agreed to the
following terms: monthly payments of $650 to the T's and the balance to
be paid in full after 7 years. at the time the balance is paid, the T's will
give the G's a warranty deed transferring title. in this situation, what type
of financing was used
a. fha loan
