PM
CT REAL ESTATE PRACTICE EXAM GENERAL EXAM QUESTIONS AND
ANSWERS WITH COMPLETE SOLUTIONS VERIFIED LATEST UPDATE
Practice questions for this set
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What type of map is MOST useful for describing the terrain of a very hilly lot?
Select the correct definition
1Survey map
2Contour map
3Thematic map 4Plat map
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Terms in this set (136)
Two lots of the same size are sold on a Situs
street. The lot on the corner sells for
$20,000 more than the lot in the middle
of the street. Which of the following
characteristics MOST likely explains the
price difference?
How does a creditor who has obtained a Writ of execution
judgment get satisfaction against a debtor
who will not pay?
What type of map is MOST useful for Contour map
describing the terrain of a very hilly lot?
A tenant rented an apartment, signing a Tenancy at will
15-month lease. After the lease expired,
the tenant paid 1 month's rent and got
a receipt. What kind of leasehold does
the tenant have?
A major difference between freehold and are of indeterminable duration
nonfreehold estates is that all freehold
estates
Real property can be converted to Severance
personal property by
A lawsuit for inverse condemnation may a homeowner
be brought by
A deed restriction is applicable to the present and future owners.
activities of
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, 4/5/25, 6:45 Ct Real Estate Practice exam general |
PM
If conditions for purchase are included in Return of the property to the original owner.
a deed and these conditions are violated,
what is the penalty?
The terms "littoral," "riparian," and water rights.
"appropriative" refer to
Which of the following BEST illustrates the Garden apartments located between a single-family residential neighborhood
concept and intent of a buffer zone? and a shopping center.
A property owner died, having willed his escheat
real property to his two daughters. There
is still a chance that they could lose
the land for a variety of reasons, but
it CANNOT be taken through
An environmental impact statement public health and safety
typically describes the effects of a
proposed project on factors such as
All of the following are methods to straight-line method
calculate the reproduction or
replacement cost of a building EXCEPT
the
Which of the following approaches MOST Market data
reliably estimates the sales price of a
single-family residence?
A formal appraisal will ALWAYS be lender wants to sell the mortgage to the secondary market.
REQUIRED when the
According to the principle of most homes are larger than the sale home.
progression, a three-bedroom, one-
story home is
MOST likely to bring the highest sales
price if located in a neighborhood in
which
An appraiser MUST be licensed or $250,000
certified to handle Federally related work
on residential property valued at
more than
A competitive market analysis is MOST setting a listing price
often used for
Which rule-of-thumb version is being GRM
offered to an investor who is told that a
house renting for $900 a month should
sell for about $90,000?
When a property owner uses his home mortgagor
as collateral for a loan and creates a
lien in favor of the lender, title is held
by the
When the sellers are lending part of foreclosure is usually simpler and faster
the purchase price, they may secure the
debt either with a deed of trust or a
mortgage. For the seller, one benefit of
the deed of trust is that
Regulation Z requires that the the total interest
borrower be fully informed of all of
the following EXCEPT
The FHA functions MOST like an insurance company
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