Nebraska Real Estate Exam Questions with Correct Answers Rated A+
A bundle of legal rights - Answers The earths surface extending downward to the center of the earth and
upward into space, including all things permanently attached, known as:
Personal property - Answers Movable objects, which are not considered real estate, are known as:
An appurtenant easement - Answers The permanent right to use another's land for the benefit of a
neighboring parcel is know as;
Severalty - Answers The ownership of property by one person only known as:
Abstract of Title - Answers a condensed history of a title to a particular piece of real estate, including a
summary of the original grant, and all subsequent conveyances and encumbrances affecting the
property, is known as:
blockbusting - Answers The illegal practice of inducing homeowners to sell their properties by making
representations about the prospective entry of persons of a certain race/national origin into the
neighborhood is also called:
an easement - Answers The term for something that grants the right to use another's land for a specific
purpose, and is considered an incorporeal interest in land is:
deed restrictions - Answers The clauses in a deed that limit the future uses of a property are known as:
depreciation - Answers The loss of value in any property, regardless of the specific cause, in a appraisal,
is known as:
fee simple estate - Answers A person who has complete control over a parcel of real estate is said to
own a:
statute of frauds - Answers The law that requires real estate contracts to be enforceable is the
procuring cause - Answers The effort that brings about the desired result in real estate sale is known as:
Radon - Answers A naturally occurring gas that is suspected of causing lung cancer is known as:
an encumbrance - Answers A claim or liability attached to a property is called:
Dominant tenement - Answers In an appurtenant easement, the party that benefits is known as:
a lien - Answers An encumbrance that affects the title, usually related to money, is known as:
lis pendens - Answers A recorded legal document that gives contructive notice that an action affecting a
certain property has filed in court is called:
listing agreement - Answers this document that defines the relationship between the real estate film
and the seller is the:
A bundle of legal rights - Answers The earths surface extending downward to the center of the earth and
upward into space, including all things permanently attached, known as:
Personal property - Answers Movable objects, which are not considered real estate, are known as:
An appurtenant easement - Answers The permanent right to use another's land for the benefit of a
neighboring parcel is know as;
Severalty - Answers The ownership of property by one person only known as:
Abstract of Title - Answers a condensed history of a title to a particular piece of real estate, including a
summary of the original grant, and all subsequent conveyances and encumbrances affecting the
property, is known as:
blockbusting - Answers The illegal practice of inducing homeowners to sell their properties by making
representations about the prospective entry of persons of a certain race/national origin into the
neighborhood is also called:
an easement - Answers The term for something that grants the right to use another's land for a specific
purpose, and is considered an incorporeal interest in land is:
deed restrictions - Answers The clauses in a deed that limit the future uses of a property are known as:
depreciation - Answers The loss of value in any property, regardless of the specific cause, in a appraisal,
is known as:
fee simple estate - Answers A person who has complete control over a parcel of real estate is said to
own a:
statute of frauds - Answers The law that requires real estate contracts to be enforceable is the
procuring cause - Answers The effort that brings about the desired result in real estate sale is known as:
Radon - Answers A naturally occurring gas that is suspected of causing lung cancer is known as:
an encumbrance - Answers A claim or liability attached to a property is called:
Dominant tenement - Answers In an appurtenant easement, the party that benefits is known as:
a lien - Answers An encumbrance that affects the title, usually related to money, is known as:
lis pendens - Answers A recorded legal document that gives contructive notice that an action affecting a
certain property has filed in court is called:
listing agreement - Answers this document that defines the relationship between the real estate film
and the seller is the:
