STUDENTS SUCCESS
Revision Examination Tests
“Come all for this Greatness”
... 100% Correct Ans ...
MD REAL ESTATE SALESPERSON EXAM 2024-2025 ACTUAL EXAM COMPLETE
200-QUESTIONS AND CORRECT DETAILED ANSWERS
Which of the following would NOT be considered real property?
1. mineral rights
2. a leasehold estate
3. fixtures
4. air
Ans: 2. a leasehold estate
- a leasehold estate is a non-freehold estate involving the tenant's right to occupy the
real estate during the term of the lease
Quiz The servient estate in an easement appurtenant is the property
1. owned by the landlord
2. on which the easement is placed
3. owned by the tenant
4. that benefits from the easement
Ans: 2. on which the easement is placed
- a servient estate also is referred to as a servient tenement. the property that
benefits from the easement is known as the dominant tenement
Quiz Which of the following statements concerning encumbrances is NOT true?
1. all encumbrances are liens
2. all liens are encumbrances
3. restrictions beneficial to the grantee are encumbrances
4. an easement is a physical encumbrance
Ans: 1. all encumbrances are liens
- encumbrances may be liens, which affect the title, or physical encumbrances,
which affect the condition of the land. however, an easement is an example of an
encumbrance that is not a lien. therefore, not all encumbrances are liens but it is true
that all liens are encumbrances
,Quiz Which of the following is NOT a specific lien?
1. mortgage lien
2. state inheritance taxes
3. real estate taxes
4. mechanic's lien
Ans: 2. state inheritance taxes
- state inheritance taxes are a general lien and affect all the debtor's property
Quiz You have entered into a lease that requires you to pay 20 percent of the
owner's expenses. Your lease would be an example of a
1. variable lease
2. net lease
3. percentage lease
4. gross lease
Ans: 2. net lease
- a tenant in a net lease pays rent plus all of party of the property charges. a tenant
in a gross lease pays a fixed rent, while the landlord pays all his or her own
expenses
Quiz If a husband and wife own an apartment building and the husband owns an
undivided three-fourths interest and the wife owns a one-fourth interest, what type of
tenancy exists?
1. leasehold estate
2. joint tenancy
3. tenancy in common
4. tenancy by the entirety
Ans: 3. tenancy in common
- tenancy in common allows for percentage differences in ownership. a leasehold
estate is a personal property interest. joint tenancy and tenancy by the entirety
require equal percentages of interests in most states
Quiz The highest form of ownership interest a person may hold in real estate is
1. life estate
2. fee simple
3. legal life estate
4. base fee
Ans: 2. fee simple
- a fee simple is the highest form of interest. a base fee is subject to certain
limitations imposed by the owner. a life estate is limited to the life of an owner or
some other person. legal life estates are created by state law
Quiz Two unrelated people own a three-unit apartment building as tenants in
common. One wants to sell but the other does not. Which of the following statements
describes the legal rights of the party who wants to sell?
1. the party may request a court to partition the building
,2. the party may require the co-owner to sell
3. the party may record a lis pendens on the property
4. the party may refinance the mortgage in her or his own name, thus eliminating the
co-owner's interest in the property
Ans: 1. the party may request a court to partition the building
- tenants in common may partition the property by agreement and, if no agreement,
by judicial determination
Quiz Your aunt died intestate and you inherited her house. The way in which you
acquired the title to her house is by
1. curtesy
2. descent
3. escheat
4. laches
Ans: 2. descent
- when a person dies intestate, the decedent's real estate and person property pass
to his or her heirs according the the statutes
Quiz Which of the following statements does NOT correctly describe a legal life
estate?
1. during his or her life estate the life tenant is generally answerable to the holder of
the future interest
2. the life tenant may not commit any acts that would permanently injure the property
3. there may be a reversionary interest
4. there may be a remainder interest
Ans: 1. during his or her life estate the life tenant is generally answerable to the
holder of the future interest
- the life tenant generally is not answerable to the holder of the future itnerest
Quiz Which of the following is NOT a leasehold estate?
1. an estate for years
2. periodic estate
3. time-share estate
4. estate from year to year
Ans: 3. time-share estate
- a time-share estate may include a fee-simple interest in condominium ownership
Quiz You are married and own a house under a form of ownership that prohibits you
from selling it without the signature of your spouse. Your form of ownership is LEAST
likely to be:
1. in severalty
2. a joint tenancy
3. a tenancy in common
4. a tenancy by the entirety
Ans: 1. in severalty
, - severalty refers to one owner. joint tenants and tenants in common may convey
individual interest; to transfer title normally requires both signatures. tenancy by the
entirety requires both signatures too
Quiz A state wants to build a publicly owned convention center to attract private
development in its largest city. Can the state use eminent domain to acquire the
land?
1. no, because private investments would not be allowed
2. yes, if just compensation is paid to the owners of the land
3. no, because eminent domain can only be used for highway expansion
4. yes, if the owners hold fee-simple interest in the land
Ans: 2. yes, if just compensation is paid to the owners of the land
- the government has the right to acquire private property for public use while paying
just compensation to the owner. the convention center would attract private
development of hotels and retail establishments. the type of estate held by owners
would not prevent the state from acquiring the land.
Quiz Which of the following grants zoning authority to municipal governments?
1. eminent domain
2. state enabling acts
3. laches
4. escheat
Ans: 2. state enabling acts
Quiz The city in which you live has a zoning ordinance. The basis for the city to have
such an ordinance is
1. eminent domain
2. escheat
3. police power
4. riparian rights
Ans: 3. police power
- police power is the power of the state to establish legislation to protect public health
and safety and promote general welfare
Quiz Which of the following terms are NOT related?
1. freehold estate--fee simple
2. grantor--person conveying title
3. leasehold estate--personal property
4. police power--deed restriction
Ans: 4. police power--deed restriction
- policy power is a public-land-use control; a deed restriction is a private-land-use
control
Quiz Strict liability under Superfund means that
1. each of the individual owners is personally responsible for the damages in whole
2. the owner is responsible to the injured party without excuse
Revision Examination Tests
“Come all for this Greatness”
... 100% Correct Ans ...
MD REAL ESTATE SALESPERSON EXAM 2024-2025 ACTUAL EXAM COMPLETE
200-QUESTIONS AND CORRECT DETAILED ANSWERS
Which of the following would NOT be considered real property?
1. mineral rights
2. a leasehold estate
3. fixtures
4. air
Ans: 2. a leasehold estate
- a leasehold estate is a non-freehold estate involving the tenant's right to occupy the
real estate during the term of the lease
Quiz The servient estate in an easement appurtenant is the property
1. owned by the landlord
2. on which the easement is placed
3. owned by the tenant
4. that benefits from the easement
Ans: 2. on which the easement is placed
- a servient estate also is referred to as a servient tenement. the property that
benefits from the easement is known as the dominant tenement
Quiz Which of the following statements concerning encumbrances is NOT true?
1. all encumbrances are liens
2. all liens are encumbrances
3. restrictions beneficial to the grantee are encumbrances
4. an easement is a physical encumbrance
Ans: 1. all encumbrances are liens
- encumbrances may be liens, which affect the title, or physical encumbrances,
which affect the condition of the land. however, an easement is an example of an
encumbrance that is not a lien. therefore, not all encumbrances are liens but it is true
that all liens are encumbrances
,Quiz Which of the following is NOT a specific lien?
1. mortgage lien
2. state inheritance taxes
3. real estate taxes
4. mechanic's lien
Ans: 2. state inheritance taxes
- state inheritance taxes are a general lien and affect all the debtor's property
Quiz You have entered into a lease that requires you to pay 20 percent of the
owner's expenses. Your lease would be an example of a
1. variable lease
2. net lease
3. percentage lease
4. gross lease
Ans: 2. net lease
- a tenant in a net lease pays rent plus all of party of the property charges. a tenant
in a gross lease pays a fixed rent, while the landlord pays all his or her own
expenses
Quiz If a husband and wife own an apartment building and the husband owns an
undivided three-fourths interest and the wife owns a one-fourth interest, what type of
tenancy exists?
1. leasehold estate
2. joint tenancy
3. tenancy in common
4. tenancy by the entirety
Ans: 3. tenancy in common
- tenancy in common allows for percentage differences in ownership. a leasehold
estate is a personal property interest. joint tenancy and tenancy by the entirety
require equal percentages of interests in most states
Quiz The highest form of ownership interest a person may hold in real estate is
1. life estate
2. fee simple
3. legal life estate
4. base fee
Ans: 2. fee simple
- a fee simple is the highest form of interest. a base fee is subject to certain
limitations imposed by the owner. a life estate is limited to the life of an owner or
some other person. legal life estates are created by state law
Quiz Two unrelated people own a three-unit apartment building as tenants in
common. One wants to sell but the other does not. Which of the following statements
describes the legal rights of the party who wants to sell?
1. the party may request a court to partition the building
,2. the party may require the co-owner to sell
3. the party may record a lis pendens on the property
4. the party may refinance the mortgage in her or his own name, thus eliminating the
co-owner's interest in the property
Ans: 1. the party may request a court to partition the building
- tenants in common may partition the property by agreement and, if no agreement,
by judicial determination
Quiz Your aunt died intestate and you inherited her house. The way in which you
acquired the title to her house is by
1. curtesy
2. descent
3. escheat
4. laches
Ans: 2. descent
- when a person dies intestate, the decedent's real estate and person property pass
to his or her heirs according the the statutes
Quiz Which of the following statements does NOT correctly describe a legal life
estate?
1. during his or her life estate the life tenant is generally answerable to the holder of
the future interest
2. the life tenant may not commit any acts that would permanently injure the property
3. there may be a reversionary interest
4. there may be a remainder interest
Ans: 1. during his or her life estate the life tenant is generally answerable to the
holder of the future interest
- the life tenant generally is not answerable to the holder of the future itnerest
Quiz Which of the following is NOT a leasehold estate?
1. an estate for years
2. periodic estate
3. time-share estate
4. estate from year to year
Ans: 3. time-share estate
- a time-share estate may include a fee-simple interest in condominium ownership
Quiz You are married and own a house under a form of ownership that prohibits you
from selling it without the signature of your spouse. Your form of ownership is LEAST
likely to be:
1. in severalty
2. a joint tenancy
3. a tenancy in common
4. a tenancy by the entirety
Ans: 1. in severalty
, - severalty refers to one owner. joint tenants and tenants in common may convey
individual interest; to transfer title normally requires both signatures. tenancy by the
entirety requires both signatures too
Quiz A state wants to build a publicly owned convention center to attract private
development in its largest city. Can the state use eminent domain to acquire the
land?
1. no, because private investments would not be allowed
2. yes, if just compensation is paid to the owners of the land
3. no, because eminent domain can only be used for highway expansion
4. yes, if the owners hold fee-simple interest in the land
Ans: 2. yes, if just compensation is paid to the owners of the land
- the government has the right to acquire private property for public use while paying
just compensation to the owner. the convention center would attract private
development of hotels and retail establishments. the type of estate held by owners
would not prevent the state from acquiring the land.
Quiz Which of the following grants zoning authority to municipal governments?
1. eminent domain
2. state enabling acts
3. laches
4. escheat
Ans: 2. state enabling acts
Quiz The city in which you live has a zoning ordinance. The basis for the city to have
such an ordinance is
1. eminent domain
2. escheat
3. police power
4. riparian rights
Ans: 3. police power
- police power is the power of the state to establish legislation to protect public health
and safety and promote general welfare
Quiz Which of the following terms are NOT related?
1. freehold estate--fee simple
2. grantor--person conveying title
3. leasehold estate--personal property
4. police power--deed restriction
Ans: 4. police power--deed restriction
- policy power is a public-land-use control; a deed restriction is a private-land-use
control
Quiz Strict liability under Superfund means that
1. each of the individual owners is personally responsible for the damages in whole
2. the owner is responsible to the injured party without excuse
