Middleton Real Estate Final Exam 2026|2027 Questions with
Detailed Verified Answers (100% Correct Answers) | Already
Graded A+
Mrs. Rogers died on October 1st. She left her estate to her daughter Linda. Upon Linda's death it
would go to Mrs. Rogers son, James. Linda has: - Answer -Life estate
The term "escheat" most nearly means the: - Answer -Passing of title to the state when the
property owner dies intestate and without heirs
An item that is so firmly attached to real property that it becomes known as real property would
best be described as: - Answer -Fixture
Which type of listing agreement gives the broker the maximum protection? - Answer -an
exclusive right to sell listing
All of the following are true regarding adverse possession except: - Answer -Must be continuous
and outrageous
Which of the following would be true upon a divorce with regards to ownership? - Answer -
Tenants by the entireties would automatically become tenants in common
1|Page
,Under the Truth in Lending Act, the cost of credit extended must be expressed as: - Answer -An
annual percentage rate
When a borrower defaults on a F.H.A. loan, any loss suffered would: - Answer -Not be required
to be reimbursed to F.H.A.
Which of the following would not be considered as a fiduciary relationship? - Answer -
Buyer/Seller
Broker Bargain lists a property for $96,000, which he knows the areas highest sales price was
$82,000. He explains this to the seller. Seller insists that he list at $96,000, but "confidentially"
he would take less. A buyer subsequently asks the broker if there is any point in offering
$81,000 for the property. What should the broker say? - Answer -The list price is $96,000, but I
will present all offers.
The illegal practice of inducing panic selling in a neighborhood for financial gain is called: -
Answer -Blockbusting
When a valid lease is properly assigned to a third party, which of the following statements
would be true? - Answer -The original lessee is still liable
2|Page
, Freehold estate would include all of the following except: - Answer -Estate for years
A parcel of land measures 200'x 400' and is divided by a river into two triangles. What is the
total acreage? - Answer -1.84 acres
Electric company needs to use a parcel of land to place electrical poles and lines. What would
this be called? - Answer -Easement in gross
An attorney closes a real estate deal for a client. Does she need a real estate license? - Answer -
Yes, if she acts as a broker for the transaction
Which of the following would be used to check and see if there are no encroachments on a
property? - Answer -Property survey
Which of the following gives the lender the right to call the entire loan balance due if the
mortgaged property is sold or otherwise conveyed by the borrower? - Answer -Alienation clause
What is the statute of limitations to file with HUD for fair housing complaints? - Answer -1 year
3|Page
Detailed Verified Answers (100% Correct Answers) | Already
Graded A+
Mrs. Rogers died on October 1st. She left her estate to her daughter Linda. Upon Linda's death it
would go to Mrs. Rogers son, James. Linda has: - Answer -Life estate
The term "escheat" most nearly means the: - Answer -Passing of title to the state when the
property owner dies intestate and without heirs
An item that is so firmly attached to real property that it becomes known as real property would
best be described as: - Answer -Fixture
Which type of listing agreement gives the broker the maximum protection? - Answer -an
exclusive right to sell listing
All of the following are true regarding adverse possession except: - Answer -Must be continuous
and outrageous
Which of the following would be true upon a divorce with regards to ownership? - Answer -
Tenants by the entireties would automatically become tenants in common
1|Page
,Under the Truth in Lending Act, the cost of credit extended must be expressed as: - Answer -An
annual percentage rate
When a borrower defaults on a F.H.A. loan, any loss suffered would: - Answer -Not be required
to be reimbursed to F.H.A.
Which of the following would not be considered as a fiduciary relationship? - Answer -
Buyer/Seller
Broker Bargain lists a property for $96,000, which he knows the areas highest sales price was
$82,000. He explains this to the seller. Seller insists that he list at $96,000, but "confidentially"
he would take less. A buyer subsequently asks the broker if there is any point in offering
$81,000 for the property. What should the broker say? - Answer -The list price is $96,000, but I
will present all offers.
The illegal practice of inducing panic selling in a neighborhood for financial gain is called: -
Answer -Blockbusting
When a valid lease is properly assigned to a third party, which of the following statements
would be true? - Answer -The original lessee is still liable
2|Page
, Freehold estate would include all of the following except: - Answer -Estate for years
A parcel of land measures 200'x 400' and is divided by a river into two triangles. What is the
total acreage? - Answer -1.84 acres
Electric company needs to use a parcel of land to place electrical poles and lines. What would
this be called? - Answer -Easement in gross
An attorney closes a real estate deal for a client. Does she need a real estate license? - Answer -
Yes, if she acts as a broker for the transaction
Which of the following would be used to check and see if there are no encroachments on a
property? - Answer -Property survey
Which of the following gives the lender the right to call the entire loan balance due if the
mortgaged property is sold or otherwise conveyed by the borrower? - Answer -Alienation clause
What is the statute of limitations to file with HUD for fair housing complaints? - Answer -1 year
3|Page
