3/19/25, 11:41 PM PSI National Exam for Real Estate (2025) comprehensive (544) questions and verified answers (detailed & elaborated) ACTU…
PSI National Exam for Real Estate (2025)
comprehensive (544) questions and verified
answers (detailed & elaborated) ACTUAL EXAM
2025 TEST!!
Save
Terms in this set (544)
A written agreement in a contract
which a purchaser agrees
to buy and a seller
agrees to sell is called
1. boycotting other brokers in the marketplace.
Antitrust laws prohibit
2. dividing the market to restrict competition.
competing brokers from
3. agreeing to set sales commissions and
all of the following
management rates.
When a sewer line is all current owners of real estate fronting on that
installed down a rural road
road, the cost will
probably be shared by
State laws differ on a suicide that occurred in the house last year.
whether a buyer is
entitled to know about
A lawsuit for inverse a homeowner
condemnation may be
brought by
When is racial Under no circumstances
discrimination in the
rental of rooms or
apartments permitted?
https://quizlet.com/1020497755/psi-national-exam-for-real-estate-2025-comprehensive-544-questions-and-verified-answers-detailed-elaborated-… 1/19
,3/19/25, 11:41 PM PSI National Exam for Real Estate (2025) comprehensive (544) questions and verified answers (detailed & elaborated) ACTU…
The real estate broker the number of square feet in the building
who is listing a house for
sale should personally
verify
Real property can be Severance
converted to personal
property by
Prospective buyers made Both contracts are valid
an offer on a property.
The seller did NOT
accept, but made a
counteroffer. The
prospective buyers
signed the counteroffer
and the real estate agent
delivered their
acceptance to the seller.
In the interim, the same
buyers had found
another house that they
liked better and made an
offer on it, which was
accepted. Which of the
following is TRUE?
https://quizlet.com/1020497755/psi-national-exam-for-real-estate-2025-comprehensive-544-questions-and-verified-answers-detailed-elaborated-… 2/19
, 3/19/25, 11:41 PM PSI National Exam for Real Estate (2025) comprehensive (544) questions and verified answers (detailed & elaborated) ACTU…
Although states make prior appropriation
specific laws governing
water rights and the
rights in land that
borders water, most
states
generally follow one of
two basic doctrines
regarding water rights. In
many states, the common
law doctrine of riparian
and littoral rights dictates
that water rights are
automatically conveyed
with property. In others,
all water rights are
controlled by the state
under the doctrine of
The purpose of requiring provide evidence of the buyer's intention to carry
an earnest money out the contract.
deposit in a real estate
sales contract is to
A buyer is getting a fully $409.20.
amortized loan for
$220,000. The bank will
give the buyer the loan
for 15 years at 5 1/2%
or for 30 years at 6 1/2%.
To the nearest cent, what
is the difference between
the monthly payments for
these two loans?
(BE SURE TO USE THE
AMORTIZATION TABLE.)
https://quizlet.com/1020497755/psi-national-exam-for-real-estate-2025-comprehensive-544-questions-and-verified-answers-detailed-elaborated-… 3/19
PSI National Exam for Real Estate (2025)
comprehensive (544) questions and verified
answers (detailed & elaborated) ACTUAL EXAM
2025 TEST!!
Save
Terms in this set (544)
A written agreement in a contract
which a purchaser agrees
to buy and a seller
agrees to sell is called
1. boycotting other brokers in the marketplace.
Antitrust laws prohibit
2. dividing the market to restrict competition.
competing brokers from
3. agreeing to set sales commissions and
all of the following
management rates.
When a sewer line is all current owners of real estate fronting on that
installed down a rural road
road, the cost will
probably be shared by
State laws differ on a suicide that occurred in the house last year.
whether a buyer is
entitled to know about
A lawsuit for inverse a homeowner
condemnation may be
brought by
When is racial Under no circumstances
discrimination in the
rental of rooms or
apartments permitted?
https://quizlet.com/1020497755/psi-national-exam-for-real-estate-2025-comprehensive-544-questions-and-verified-answers-detailed-elaborated-… 1/19
,3/19/25, 11:41 PM PSI National Exam for Real Estate (2025) comprehensive (544) questions and verified answers (detailed & elaborated) ACTU…
The real estate broker the number of square feet in the building
who is listing a house for
sale should personally
verify
Real property can be Severance
converted to personal
property by
Prospective buyers made Both contracts are valid
an offer on a property.
The seller did NOT
accept, but made a
counteroffer. The
prospective buyers
signed the counteroffer
and the real estate agent
delivered their
acceptance to the seller.
In the interim, the same
buyers had found
another house that they
liked better and made an
offer on it, which was
accepted. Which of the
following is TRUE?
https://quizlet.com/1020497755/psi-national-exam-for-real-estate-2025-comprehensive-544-questions-and-verified-answers-detailed-elaborated-… 2/19
, 3/19/25, 11:41 PM PSI National Exam for Real Estate (2025) comprehensive (544) questions and verified answers (detailed & elaborated) ACTU…
Although states make prior appropriation
specific laws governing
water rights and the
rights in land that
borders water, most
states
generally follow one of
two basic doctrines
regarding water rights. In
many states, the common
law doctrine of riparian
and littoral rights dictates
that water rights are
automatically conveyed
with property. In others,
all water rights are
controlled by the state
under the doctrine of
The purpose of requiring provide evidence of the buyer's intention to carry
an earnest money out the contract.
deposit in a real estate
sales contract is to
A buyer is getting a fully $409.20.
amortized loan for
$220,000. The bank will
give the buyer the loan
for 15 years at 5 1/2%
or for 30 years at 6 1/2%.
To the nearest cent, what
is the difference between
the monthly payments for
these two loans?
(BE SURE TO USE THE
AMORTIZATION TABLE.)
https://quizlet.com/1020497755/psi-national-exam-for-real-estate-2025-comprehensive-544-questions-and-verified-answers-detailed-elaborated-… 3/19
