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CT REAL ESTATE PRACTICE EXAM LATEST UPDATES -
2025/2026- ACTUAL QUESTIONS AND CORRECT ANSWERS
ALREADY GRADED A+ GUARANTEED SUCCESS
A property owner died, having willed his 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
escheat
An environmental impact statement typically describes the effects of a proposed
project on factors such as
public health and safety
All of the following are methods to calculate the reproduction or replacement
cost of a building EXCEPT the
straight-line method
A tenant rented an apartment, signing a 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?
Tenancy at will
A major difference between freehold and nonfreehold estates is that all freehold
estates
are of indeterminable duration
Real property can be converted to personal property by
Severance
A lawsuit for inverse condemnation may be brought by
, 2
a homeowner
A deed restriction is applicable to the activities of
present and future owners.
If conditions for purchase are included in a deed and these conditions are
violated, what is the penalty?
Return of the property to the original owner.
The terms "littoral," "riparian," and "appropriative" refer to
water rights.
Which of the following BEST illustrates the concept and intent of a buffer zone?
Garden apartments located between a single-family residential neighborhood and
a shopping center.
Which of the following approaches MOST reliably estimates the sales price of a
single-family residence?
Market data
A formal appraisal will ALWAYS be REQUIRED when the
lender wants to sell the mortgage to the secondary market.
According to the principle of progression, a three-bedroom, one-story home is
MOST likely to bring the highest sales price if located in a neighborhood in which
most homes are larger than the sale home.
An appraiser MUST be licensed or certified to handle Federally related work on
residential property valued at more than
$250,000
A competitive market analysis is MOST often used for
setting a listing price
Which rule-of-thumb version is being offered to an investor who is told that a
house renting for $900 a month should sell for about $90,000?
, 3
GRM
When a property owner uses his home as collateral for a loan and creates a lien in
favor of the lender, title is held by the
mortgagor
When the sellers are lending part of 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
foreclosure is usually simpler and faster
Regulation Z requires that the borrower be fully informed of all of the following
EXCEPT
the total interest
The FHA functions MOST like
an insurance company
The purpose of usury laws is to regulate
interest rates charged by lenders
Which of the following statements about discount points is FALSE?
They are computed as a percentage of the selling price
A borrower has defaulted on the mortgage. The mortgage contains an
acceleration clause. This permits the lender to
demand immediate payment of the entire note
A loan which requires the borrower to pay interest only until the maturity date (or
due date), and then to pay the entire principal on the maturity date, is called a
term loan
An example of a fiduciary relationship is one which exists between the listing
broker and
her client
CT REAL ESTATE PRACTICE EXAM LATEST UPDATES -
2025/2026- ACTUAL QUESTIONS AND CORRECT ANSWERS
ALREADY GRADED A+ GUARANTEED SUCCESS
A property owner died, having willed his 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
escheat
An environmental impact statement typically describes the effects of a proposed
project on factors such as
public health and safety
All of the following are methods to calculate the reproduction or replacement
cost of a building EXCEPT the
straight-line method
A tenant rented an apartment, signing a 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?
Tenancy at will
A major difference between freehold and nonfreehold estates is that all freehold
estates
are of indeterminable duration
Real property can be converted to personal property by
Severance
A lawsuit for inverse condemnation may be brought by
, 2
a homeowner
A deed restriction is applicable to the activities of
present and future owners.
If conditions for purchase are included in a deed and these conditions are
violated, what is the penalty?
Return of the property to the original owner.
The terms "littoral," "riparian," and "appropriative" refer to
water rights.
Which of the following BEST illustrates the concept and intent of a buffer zone?
Garden apartments located between a single-family residential neighborhood and
a shopping center.
Which of the following approaches MOST reliably estimates the sales price of a
single-family residence?
Market data
A formal appraisal will ALWAYS be REQUIRED when the
lender wants to sell the mortgage to the secondary market.
According to the principle of progression, a three-bedroom, one-story home is
MOST likely to bring the highest sales price if located in a neighborhood in which
most homes are larger than the sale home.
An appraiser MUST be licensed or certified to handle Federally related work on
residential property valued at more than
$250,000
A competitive market analysis is MOST often used for
setting a listing price
Which rule-of-thumb version is being offered to an investor who is told that a
house renting for $900 a month should sell for about $90,000?
, 3
GRM
When a property owner uses his home as collateral for a loan and creates a lien in
favor of the lender, title is held by the
mortgagor
When the sellers are lending part of 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
foreclosure is usually simpler and faster
Regulation Z requires that the borrower be fully informed of all of the following
EXCEPT
the total interest
The FHA functions MOST like
an insurance company
The purpose of usury laws is to regulate
interest rates charged by lenders
Which of the following statements about discount points is FALSE?
They are computed as a percentage of the selling price
A borrower has defaulted on the mortgage. The mortgage contains an
acceleration clause. This permits the lender to
demand immediate payment of the entire note
A loan which requires the borrower to pay interest only until the maturity date (or
due date), and then to pay the entire principal on the maturity date, is called a
term loan
An example of a fiduciary relationship is one which exists between the listing
broker and
her client
