Barney Fletcher Real Estate Exam||Verified Exam!!||,
2026/2027-Question National and State Real Estate
Licensing Competency Assessment||Newest Exam!!!
Which of the following is NOT a test of a fixture?
A. Manner of attachment
B. An agreement between the parties
C. Time of attachment
D. Manner of adaptation - Answer-C
Which of the following best describes a parcel of land?
A. The surface of the earth including control of all minerals
and substances beneath
B. The surface of the earth extending down to the center
and upward to the sky
C. The earth's surface closely marked by certain
boundaries
D. The surface of the earth extending down a reasonable
distance and up into the air a reasonable distance -
Answer-B
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Littoral rights is a term referring to all water rights T/F? -
Answer-False
Each of the following is a test of whether or not something
is a fixture, EXCEPT:
A. Method of attachment
B. Adaptability
C. Cost
D. Relationship of the parties - Answer-C
The right of one party to possess and use real property
exclusive of others is: - Answer-Ownership
A prospective buyer noticed an ornate flag pole attached
to the front porch of the house she wants to purchase. She
wants to make certain that the flag pole is included in the
sale. What should the agent do?
A, Because the pole is attached and will automatically
convey
B. call seller and advise them the buyer wants the pole
C. include the flag pole in the offer to purchase
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D. photograph the flag pole as evidence of its attachment -
Answer-C
A couple is interested in buying a house that has an odd
shaped living room. The current owners had a custom-
made, free-standing bookcase built to specifically fit into
one part of the room. The buyer believes this is a fixture
because it is uniquely adapted to this specific room. The
seller believes this is not a fixture because it is free-
standing. To avoid any misunderstandings, what should
the listing licensee do?
A. Assure the seller there is nothing to worry about
B. Include a provision in the agreement of sale (and listing
contract) that states whether the bookcase is included with
the sale or not.
C. Assure the buyer there is nothing to worry about
D. File an interpleader action in court - Answer-B
Real property would include:
A. Fixtures
B. Each of these choices
C. Air space
D. Mineral rights - Answer-B
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Personal property which is attached to a building and
which will convey with the land is known as? - Answer-a
fixture
All of the following are personal property EXCEPT:
A. Trade fixtures
B. a privacy fence
C. patio furniture
D. portable dishwasher - Answer-B
Merging two or more properties into common ownership is
known as _____, while any increase in value that results is
known as _____. - Answer-assemblage; plottage
Two real estate developers are working on similar but
competing commercial developments. Both projects are
finished at approximately the same time and are of similar
quality and purpose. Which of the following would most
likely characterize the reasons that one succeeds while
the other fails? - Answer-Situs