2026 NYS Real Estate Exam with All Correct & 100%
Verified Answers |Latest Version |Already Graded A+
When a deed does not specify the estate being conveyed, it is presumed to transfer ✔Correct
Answer-Fee Simple Absolute
Possesion, Control and enjoyment are included in which of the following? ✔Correct Answer-
Bundle of Rights
If Alycia deeds property to Bernice and her heirs, with the stipulation that if Bernice leaves no
heirs the property will then go to Cynthia, then Cynthia now holds which type of estate?
✔Correct Answer-Remainder Estate
In a deed that states "to Jonathan for his life" what type of interest does the grantor have?
✔Correct Answer-Reversionary Interest
A life estate may be granted for which of the following purposes? ✔Correct Answer-Personal
Residence, Business Operations & Investment Purposes
Which of the following is NOT a type of Freehold Estate? ✔Correct Answer-Leasehold Estate
Fee simple ownership includes all of the following rights EXCEPT? ✔Correct Answer-Right to
Transfer ownership after Death
In a scenario where an elderly couple grants a hospital a gift of real property while reserving Life
estate for themselves, the hospital is considered the: ✔Correct Answer-Grantee
Which of the following activities is NOT permitted for the owner of a life estate? ✔Correct
Answer-Selling the life estate interest
A widow who is given the right to use the family home for her lifetime, with ownership passing
to the children upon her death, holds which type of interest? ✔Correct Answer-Life Estate
Which of the following statements is true regarding a life estate? ✔Correct Answer-The life
tenant is responsible for paying property taxes and maintanence
What term is used to describe the degree, quantity or nature of a person's interest in real
property? ✔Correct Answer-Interest in Land
The return of land to the grantor or grantor's heirs when the grant is over is BEST described as
✔Correct Answer-Reversion
, How should an estate in Land vested in a grantee "until she marries" be properly classified
✔Correct Answer-fee simple determinable
Which of the following is an example of a less than freehold estate? ✔Correct Answer-
Leasehold Estate
With respect to property how is the term estate BEST described? ✔Correct Answer-The legal
interest or rights a person has in real property
Which statement provides the strongest assurance of fee simple ownership? ✔Correct
Answer-To have and to hold forever
In the administration of an estate who typically selects the administrator? ✔Correct Answer-
The Court
Which of the following characteristics does NOT describe a fee simple estate ✔Correct
Answer-Transferred upon the death of the owner
When a man dies without leaving a valid will ✔Correct Answer-Intestate
A woman possesses a fee simple estate. Which of the following actions can she NOT do to the
property ✔Correct Answer-Modify or alter the property
A farmer sold a portion of his farm to a railroad company with the condition "as long as it
remains a rail line." If the rail line is abandoned, the property reverts back to the farmer or the
farmers heirs. What type of estate is described in this scenario? ✔Correct Answer-Defeasible
Estate
Which term refers to the largest estate or ownership in real property ✔Correct Answer-Fee
Simple Estate
The holder of which of the following would be considered a "non freeholder"? ✔Correct
Answer-Leasehold Estate
Which of the following actions is NOT permitted for the grantor of a life estate? ✔Correct
Answer-Revoke or Terminate the Life Estate at Any Time
Where would a licensee be advised to go to clarify any questions about an encroachment
concerning a property she is selling? ✔Correct Answer-Surveyors office
In a scenario where the owner sold a property with a restriction on selling alcohol, but the
subsequent buyer violated the restriction, what would be the basis for the owner or owner's
heirs to claim a right of re-entry? ✔Correct Answer-Breach of Contract
Verified Answers |Latest Version |Already Graded A+
When a deed does not specify the estate being conveyed, it is presumed to transfer ✔Correct
Answer-Fee Simple Absolute
Possesion, Control and enjoyment are included in which of the following? ✔Correct Answer-
Bundle of Rights
If Alycia deeds property to Bernice and her heirs, with the stipulation that if Bernice leaves no
heirs the property will then go to Cynthia, then Cynthia now holds which type of estate?
✔Correct Answer-Remainder Estate
In a deed that states "to Jonathan for his life" what type of interest does the grantor have?
✔Correct Answer-Reversionary Interest
A life estate may be granted for which of the following purposes? ✔Correct Answer-Personal
Residence, Business Operations & Investment Purposes
Which of the following is NOT a type of Freehold Estate? ✔Correct Answer-Leasehold Estate
Fee simple ownership includes all of the following rights EXCEPT? ✔Correct Answer-Right to
Transfer ownership after Death
In a scenario where an elderly couple grants a hospital a gift of real property while reserving Life
estate for themselves, the hospital is considered the: ✔Correct Answer-Grantee
Which of the following activities is NOT permitted for the owner of a life estate? ✔Correct
Answer-Selling the life estate interest
A widow who is given the right to use the family home for her lifetime, with ownership passing
to the children upon her death, holds which type of interest? ✔Correct Answer-Life Estate
Which of the following statements is true regarding a life estate? ✔Correct Answer-The life
tenant is responsible for paying property taxes and maintanence
What term is used to describe the degree, quantity or nature of a person's interest in real
property? ✔Correct Answer-Interest in Land
The return of land to the grantor or grantor's heirs when the grant is over is BEST described as
✔Correct Answer-Reversion
, How should an estate in Land vested in a grantee "until she marries" be properly classified
✔Correct Answer-fee simple determinable
Which of the following is an example of a less than freehold estate? ✔Correct Answer-
Leasehold Estate
With respect to property how is the term estate BEST described? ✔Correct Answer-The legal
interest or rights a person has in real property
Which statement provides the strongest assurance of fee simple ownership? ✔Correct
Answer-To have and to hold forever
In the administration of an estate who typically selects the administrator? ✔Correct Answer-
The Court
Which of the following characteristics does NOT describe a fee simple estate ✔Correct
Answer-Transferred upon the death of the owner
When a man dies without leaving a valid will ✔Correct Answer-Intestate
A woman possesses a fee simple estate. Which of the following actions can she NOT do to the
property ✔Correct Answer-Modify or alter the property
A farmer sold a portion of his farm to a railroad company with the condition "as long as it
remains a rail line." If the rail line is abandoned, the property reverts back to the farmer or the
farmers heirs. What type of estate is described in this scenario? ✔Correct Answer-Defeasible
Estate
Which term refers to the largest estate or ownership in real property ✔Correct Answer-Fee
Simple Estate
The holder of which of the following would be considered a "non freeholder"? ✔Correct
Answer-Leasehold Estate
Which of the following actions is NOT permitted for the grantor of a life estate? ✔Correct
Answer-Revoke or Terminate the Life Estate at Any Time
Where would a licensee be advised to go to clarify any questions about an encroachment
concerning a property she is selling? ✔Correct Answer-Surveyors office
In a scenario where the owner sold a property with a restriction on selling alcohol, but the
subsequent buyer violated the restriction, what would be the basis for the owner or owner's
heirs to claim a right of re-entry? ✔Correct Answer-Breach of Contract
