WI Real Estate Practice Exam.pdf file:///C:/Users/HP/Desktop/eewwww/WI%20Real%20Estate%20Pra
WI Real Estate Practice Exam
1. All of the following would be considered an ENCUMBRANCE except:
a. unpaid property taxes,
b. An easement necessity,
c. A writ of execution,
d. A judgment:
Answer: C
The writ of execution is a court order instructing the officer of the court to carry outthe decision
of the court. It is used in a judgment where the sheriff is told to seize adebtor's property so that
it can be sold to pay off a debt.
2. Which of the following liens take priority prior to recording in publicrecords?
a. Construction lien
b. Special assessment lien,
c. Tax lien,
d. Mortgage lien:
Answer: A
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,WI Real Estate Practice Exam.pdf file:///C:/Users/HP/Desktop/eewwww/WI%20Real%20Estate%20Pra
A construction lien is given as security to those who perform labor or furnish materialor
professional services in the improvement of real property. Construction liens establish priority
from the date the first visible work commenced on the property.
3. Which of the following is most likely determined by the overall value of theproperty?
a. Property taxes
b. Special assessments
c. Judgment lien
d. Mortgage lien:
Answer A:
Property taxes are calculated according to the value of the property. Special assess- ments are
generally apportioned according to benefits received, rather than by the value of the land and
buildings being assessed.
4. The sellers are closing on their property tomorrow.They may remove all ofthe
following property from the house, except the:
a. Mirror hanging on a nail on the wall,
b. Master bedroom curtains and valances,
c. Dog kennel sitting in the backyard,
d. Rented water softener:
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,WI Real Estate Practice Exam.pdf file:///C:/Users/HP/Desktop/eewwww/WI%20Real%20Estate%20Pra
Answer: D
The water softener is attached to the property and is treated as a fixture unlessotherwise
stated in the offer to purchase.
5. Which of the following does not meet the definition of a homestead?
a. Condominium,
b. 30-acre farmette,
c. Warehouse,
d. Single-family home:
Answer: C
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WI Real Estate Practice Exam
1. All of the following would be considered an ENCUMBRANCE except:
a. unpaid property taxes,
b. An easement necessity,
c. A writ of execution,
d. A judgment:
Answer: C
The writ of execution is a court order instructing the officer of the court to carry outthe decision
of the court. It is used in a judgment where the sheriff is told to seize adebtor's property so that
it can be sold to pay off a debt.
2. Which of the following liens take priority prior to recording in publicrecords?
a. Construction lien
b. Special assessment lien,
c. Tax lien,
d. Mortgage lien:
Answer: A
1/8
1 of 23 8/2/2024, 4:59
,WI Real Estate Practice Exam.pdf file:///C:/Users/HP/Desktop/eewwww/WI%20Real%20Estate%20Pra
A construction lien is given as security to those who perform labor or furnish materialor
professional services in the improvement of real property. Construction liens establish priority
from the date the first visible work commenced on the property.
3. Which of the following is most likely determined by the overall value of theproperty?
a. Property taxes
b. Special assessments
c. Judgment lien
d. Mortgage lien:
Answer A:
Property taxes are calculated according to the value of the property. Special assess- ments are
generally apportioned according to benefits received, rather than by the value of the land and
buildings being assessed.
4. The sellers are closing on their property tomorrow.They may remove all ofthe
following property from the house, except the:
a. Mirror hanging on a nail on the wall,
b. Master bedroom curtains and valances,
c. Dog kennel sitting in the backyard,
d. Rented water softener:
2/8
2 of 23 8/2/2024, 4:59
,WI Real Estate Practice Exam.pdf file:///C:/Users/HP/Desktop/eewwww/WI%20Real%20Estate%20Pra
Answer: D
The water softener is attached to the property and is treated as a fixture unlessotherwise
stated in the offer to purchase.
5. Which of the following does not meet the definition of a homestead?
a. Condominium,
b. 30-acre farmette,
c. Warehouse,
d. Single-family home:
Answer: C
3/8
3 of 23 8/2/2024, 4:59
