PSI Practice Exam Questions and
Answers Already Passed
Real property can be converted to personal property by ✔✔severance
Federal Truth-in-Lending laws are also known as ✔✔Regulation Z
A contract has been drawn which obliges the sellers to convey title to their land to the buyers if
the buyers come up with $22,000 on or before December 31st. This is called: ✔✔an option
contract
woman owns a tract of land that also is a servient tenement. The easement over, through, or
under the tract is an ✔✔encumbrance
In an exclusive right to sell listing agreement, how many agents are involved ✔✔one
All of the following agency relationships could be used to describe a cooperating broker in a real
estate transaction EXCEPT ✔✔a subagent
Answers Already Passed
Real property can be converted to personal property by ✔✔severance
Federal Truth-in-Lending laws are also known as ✔✔Regulation Z
A contract has been drawn which obliges the sellers to convey title to their land to the buyers if
the buyers come up with $22,000 on or before December 31st. This is called: ✔✔an option
contract
woman owns a tract of land that also is a servient tenement. The easement over, through, or
under the tract is an ✔✔encumbrance
In an exclusive right to sell listing agreement, how many agents are involved ✔✔one
All of the following agency relationships could be used to describe a cooperating broker in a real
estate transaction EXCEPT ✔✔a subagent
