Real Estate Pre-licensing Course Exam Verified
Multiple Choice and Conceptual Actual
Emended Exam Questions With Reviewed 100%
Correct Detailed Answers
Guaranteed Pass!!Current Update!!
1. An estate in land that is for an indefinite period of time is called:
a) Fee simple estate
b) Estate for years
c) Estate at will
d) Estate at sufferance
Answer: a) Fee simple estate
2. Which of the following is an example of a freehold estate?
a) Estate for years
b) Life estate
c) Estate at sufferance
d) Tenancy at will
Answer: b) Life estate
3. Which type of ownership is exclusive to married couples in some states?
a) Tenancy in common
b) Joint tenancy
c) Tenancy by the entirety
,d) Community property
Answer: c) Tenancy by the entirety
4. In joint tenancy, if one co-owner dies, their interest passes to:
a) Their heirs
b) The surviving co-owners
c) The state
d) Their designated beneficiary
Answer: b) The surviving co-owners
5. A cooperative differs from a condominium in that:
a) Co-op owners hold title to their units
b) Co-op owners hold shares in a corporation
c) Condo owners lease their units
d) Condo owners cannot sell their interest
Answer: b) Co-op owners hold shares in a corporation
6. Which of the following is true about tenancy in common?
a) All owners must have equal shares
b) Right of survivorship applies
c) Interests may be unequal and can be sold without consent
d) Co-owners must be married
Answer: c) Interests may be unequal and can be sold without consent
7. A life estate measured by the life of a person other than the holder is called:
a) Conventional life estate
b) Estate for years
c) Life estate pur autre vie
,d) Estate at sufferance
Answer: c) Life estate pur autre vie
8. Which of the following is considered a leasehold estate?
a) Fee simple absolute
b) Estate at will
c) Life estate
d) Fee simple determinable
Answer: b) Estate at will
9. When two or more people own property without right of survivorship, the
ownership is:
a) Tenancy in common
b) Joint tenancy
c) Tenancy by the entirety
d) Community property
Answer: a) Tenancy in common
10. The reversionary interest in a life estate belongs to:
a) The life tenant
b) The remainder beneficiary
c) The grantor
d) The government
Answer: c) The grantor
11. Which of the following is not considered real property?
a) A built-in dishwasher
b) An apple tree in the yard
c) A freestanding refrigerator
, d) A brick wall
Answer: c) A freestanding refrigerator
12. Which characteristic of land states that no two parcels are exactly alike?
a) Immobility
b) Indestructibility
c) Uniqueness
d) Scarcity
Answer: c) Uniqueness
3. The legal rights associated with owning land that include airspace above and
subsurface rights are called:
a) Bundle of rights
b) Riparian rights
c) Eminent domain rights
d) Leasehold rights
Answer: a) Bundle of rights
4. A landowner whose property borders a navigable river owns:
a) To the exact center of the riverbed
b) Only to the water’s edge
c) The riverbed entirely
d) No land rights
Answer: b) Only to the water’s edge
5. Which government power allows property to be taken for public use with just
compensation?
a) Police power
b) Eminent domain
Multiple Choice and Conceptual Actual
Emended Exam Questions With Reviewed 100%
Correct Detailed Answers
Guaranteed Pass!!Current Update!!
1. An estate in land that is for an indefinite period of time is called:
a) Fee simple estate
b) Estate for years
c) Estate at will
d) Estate at sufferance
Answer: a) Fee simple estate
2. Which of the following is an example of a freehold estate?
a) Estate for years
b) Life estate
c) Estate at sufferance
d) Tenancy at will
Answer: b) Life estate
3. Which type of ownership is exclusive to married couples in some states?
a) Tenancy in common
b) Joint tenancy
c) Tenancy by the entirety
,d) Community property
Answer: c) Tenancy by the entirety
4. In joint tenancy, if one co-owner dies, their interest passes to:
a) Their heirs
b) The surviving co-owners
c) The state
d) Their designated beneficiary
Answer: b) The surviving co-owners
5. A cooperative differs from a condominium in that:
a) Co-op owners hold title to their units
b) Co-op owners hold shares in a corporation
c) Condo owners lease their units
d) Condo owners cannot sell their interest
Answer: b) Co-op owners hold shares in a corporation
6. Which of the following is true about tenancy in common?
a) All owners must have equal shares
b) Right of survivorship applies
c) Interests may be unequal and can be sold without consent
d) Co-owners must be married
Answer: c) Interests may be unequal and can be sold without consent
7. A life estate measured by the life of a person other than the holder is called:
a) Conventional life estate
b) Estate for years
c) Life estate pur autre vie
,d) Estate at sufferance
Answer: c) Life estate pur autre vie
8. Which of the following is considered a leasehold estate?
a) Fee simple absolute
b) Estate at will
c) Life estate
d) Fee simple determinable
Answer: b) Estate at will
9. When two or more people own property without right of survivorship, the
ownership is:
a) Tenancy in common
b) Joint tenancy
c) Tenancy by the entirety
d) Community property
Answer: a) Tenancy in common
10. The reversionary interest in a life estate belongs to:
a) The life tenant
b) The remainder beneficiary
c) The grantor
d) The government
Answer: c) The grantor
11. Which of the following is not considered real property?
a) A built-in dishwasher
b) An apple tree in the yard
c) A freestanding refrigerator
, d) A brick wall
Answer: c) A freestanding refrigerator
12. Which characteristic of land states that no two parcels are exactly alike?
a) Immobility
b) Indestructibility
c) Uniqueness
d) Scarcity
Answer: c) Uniqueness
3. The legal rights associated with owning land that include airspace above and
subsurface rights are called:
a) Bundle of rights
b) Riparian rights
c) Eminent domain rights
d) Leasehold rights
Answer: a) Bundle of rights
4. A landowner whose property borders a navigable river owns:
a) To the exact center of the riverbed
b) Only to the water’s edge
c) The riverbed entirely
d) No land rights
Answer: b) Only to the water’s edge
5. Which government power allows property to be taken for public use with just
compensation?
a) Police power
b) Eminent domain
