REAL ESTATE COURSE FINAL EXAM
2025 QUESTIONS WITH 100%
ACCURATE SOLUTIONS, PASSED!!
1 of
91
Term
FHA housing expense ratio and total obligations ratios,
correspondingly, cannot exceed which of the following limits?
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31% and 43% 33% and 45%
28% and 40% 35% and 47%
, Don't know?
2 of 91
Term
These are all requirements for valid instruments of deed conveyance:
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•Consideration
The "as is" provision does not
•Voluntary delivery
excuse or circumvent the duty
and acceptance
to disclose material defects.
•Description of the property
A buyer may void a sales contract
Claim from the Real
within 3 days if the required
Estate Recovery Fund
disclosure was not provided.
Don't know?
3 of 91
Term
A real estate licensee working with a seller in limited representation
received a telephone call from another real estate agent working
with the buyer. The agent's opening comments state the following.
"Hi, this is Robert Dawson, with East Side Realty. I am standing in
front of a house that has your name on the listing sign and I am with
my principal. I have a few questions to ask you about the property."
,Based on the buyer's agent's comment, what should the licensee
working with the seller conclude?
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A special agent is only authorized The agent representing the
to perform single act on behalf of buyer is in a single agency
the principal relationship.
A broker's license is required to
The landlord posts a surety bond.
have the licensee's name appear
on a sign marketing the property
Don't know?
4 of 91
Term
Which term refers to the physical land and improvements as well as
intangible ownership interest and rights?
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Personal property Eminent domain
Equity of redemption Real property
Don't know?
, 5 of 91
Term
When a sales contract for residential real property includes the "as
is" provision, which statement correctly applies?
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The "as is" provision allows the The "as is" provision guarantees the
seller to ignore any known issues. property is free of defects.
The "as is" provision does not
excuse or circumvent the The "as is" provision excuses
duty to disclose material the seller from any disclosure
defects. duties.
Don't know?
6 of 91
Term
Which term refers to the primary reference point in a metes and
bounds legal description of real property?
Give this one a try later!
Point of beginning Benchmark
2025 QUESTIONS WITH 100%
ACCURATE SOLUTIONS, PASSED!!
1 of
91
Term
FHA housing expense ratio and total obligations ratios,
correspondingly, cannot exceed which of the following limits?
Give this one a try later!
31% and 43% 33% and 45%
28% and 40% 35% and 47%
, Don't know?
2 of 91
Term
These are all requirements for valid instruments of deed conveyance:
Give this one a try later!
•Consideration
The "as is" provision does not
•Voluntary delivery
excuse or circumvent the duty
and acceptance
to disclose material defects.
•Description of the property
A buyer may void a sales contract
Claim from the Real
within 3 days if the required
Estate Recovery Fund
disclosure was not provided.
Don't know?
3 of 91
Term
A real estate licensee working with a seller in limited representation
received a telephone call from another real estate agent working
with the buyer. The agent's opening comments state the following.
"Hi, this is Robert Dawson, with East Side Realty. I am standing in
front of a house that has your name on the listing sign and I am with
my principal. I have a few questions to ask you about the property."
,Based on the buyer's agent's comment, what should the licensee
working with the seller conclude?
Give this one a try later!
A special agent is only authorized The agent representing the
to perform single act on behalf of buyer is in a single agency
the principal relationship.
A broker's license is required to
The landlord posts a surety bond.
have the licensee's name appear
on a sign marketing the property
Don't know?
4 of 91
Term
Which term refers to the physical land and improvements as well as
intangible ownership interest and rights?
Give this one a try later!
Personal property Eminent domain
Equity of redemption Real property
Don't know?
, 5 of 91
Term
When a sales contract for residential real property includes the "as
is" provision, which statement correctly applies?
Give this one a try later!
The "as is" provision allows the The "as is" provision guarantees the
seller to ignore any known issues. property is free of defects.
The "as is" provision does not
excuse or circumvent the The "as is" provision excuses
duty to disclose material the seller from any disclosure
defects. duties.
Don't know?
6 of 91
Term
Which term refers to the primary reference point in a metes and
bounds legal description of real property?
Give this one a try later!
Point of beginning Benchmark
