REAL ESTATE LAW EXAM
Real Estate Law Exam
REAL 2025
ESTATE LAW?EXAM-Updated
Verified Questions
2025 review and Answers
Study online at https://quizlet.com/_dgz1lj
1. A house is under contract for sale; it has a built-in The built-in bookcase and
bookcase and a chandelier. The buyer has also agreed chandelier are included in
to purchase a dinette set and a table lamp from the the real estate contract,
seller as well. Which is most correct? because they are part of
the real estate. The dinette
and table lamp are chat-
tels and would be sold
separately.
2. All laws - state, county, municipal, private - must fit US CONSTITUTION
within the constraints of this document:
3. An item of personalty that is affixed to the realty so as A FIXTURE
to be used as part of it is:
4. Bob owns a bakery in Maplecrest, NJ. Business is not No, as long as the credit
going well, and he is already a few payments behind union filed a UCC lien pro-
on his mortgage. The income from the bakery is not tecting its security inter-
enough to repay his debt -- he owes Bank of America est on the oven, the credit
$100,000 on his mortgage and the Maplecrest Cred- union gets the oven.
it Union $25,000 for a loan he took out to buy his
high-end baking oven. If BofA forecloses on his mort-
gage, will they be able to access the oven as well as
the property as security for the loan, since the oven
has been attached to the floor of the kitchen?
5. One of these is an example of a Federal Agency, em- environmental protection
powered to enforce federal law: agency
6. One of these is an example of Federal Legislative En- Comprehensive Environ-
actments: mental Response, Com-
pensation, and Liability Act
(CERCLA)
Real Estate Law Exam 2025 ? Verified Questions and Answers
, REAL ESTATE LAW EXAM
Real Estate Law Exam
REAL 2025
ESTATE LAW?EXAM-Updated
Verified Questions
2025 review and Answers
Study online at https://quizlet.com/_dgz1lj
7. In In re North Carolina Swine Farm Nuisance Litiga- Yes, because they have
tion, the court dealt with the issue of whether plain- shown that they are law-
tiffs possessed sufficient property interest to maintain fully occupying the prop-
a nuisance action. What did the court decide? erty
8. The following are examples of private laws . A Purchase and Sale
Agreement
. Rules adopted by a
Homeowner's Association
9. In Kelo v. City of New London, a redevelopment was Whether the City's rede-
challenged by homeowners whose homes would be velopment plan served a
razed to make room for the new development. The "public purpose"
homeowners challenged the government's ability to
take their homes. This case went all the way to the
U.S. Supreme Court. What was the primary issue in the
case before the Supreme Court?
10. What is Case Precedent? 1. Reliance on common
law and prior court deci-
sions to resolve a dispute
2. Other parties can use
and rely on a court's inter-
pretation of similar facts or
similar issues
3. Can be used as a guide-
line for contracts and
transactions after a judi-
cial decision
11. Real estate is best defined as... land and all permanent at-
tachments
Real Estate Law Exam 2025 ? Verified Questions and Answers
, REAL ESTATE LAW EXAM
Real Estate Law Exam
REAL 2025
ESTATE LAW?EXAM-Updated
Verified Questions
2025 review and Answers
Study online at https://quizlet.com/_dgz1lj
12. Should the is US Supreme Court hear challenges to Environmental regulations
changes in laws impacting climate change and the could be loosened or
environment, which of the following outcomes is likely rescinded, resulting in
with a more conservative court: lower carbon emissions
standards, more national
parkland becoming avail-
able for development,
fewer wetlands subject to
use restrictions.
13. Susan Hewitt is a licensed broker in the State of NJ. She - State laws on broker re-
is confused as to her role in dealing with both buyers lationships
and sellers in the same transaction. What sources of -State brokerage licens-
law would help her clarify her role with both buyers ing regulation
and sellers? Select all that apply. -The listing contract for
the property
-Case law dealing with this
issue
14. The state court system mimics the federal - trial level, the superior court
appellate level and top level. In NJ, the Trial Court is
called:
15. This Amendment was added to the Constitution fol- fourteenth amendment
lowing the Civil War, and was necessary in order to en-
sure that the southern states complied with the new
federal laws providing citizenship status and "equal
protection of the laws" to former slaves.
16. What is the name of the Federal Agency responsible Department of the Interior
for management and conservation of federal lands
and natural resources?
Real Estate Law Exam 2025 ? Verified Questions and Answers
Real Estate Law Exam
REAL 2025
ESTATE LAW?EXAM-Updated
Verified Questions
2025 review and Answers
Study online at https://quizlet.com/_dgz1lj
1. A house is under contract for sale; it has a built-in The built-in bookcase and
bookcase and a chandelier. The buyer has also agreed chandelier are included in
to purchase a dinette set and a table lamp from the the real estate contract,
seller as well. Which is most correct? because they are part of
the real estate. The dinette
and table lamp are chat-
tels and would be sold
separately.
2. All laws - state, county, municipal, private - must fit US CONSTITUTION
within the constraints of this document:
3. An item of personalty that is affixed to the realty so as A FIXTURE
to be used as part of it is:
4. Bob owns a bakery in Maplecrest, NJ. Business is not No, as long as the credit
going well, and he is already a few payments behind union filed a UCC lien pro-
on his mortgage. The income from the bakery is not tecting its security inter-
enough to repay his debt -- he owes Bank of America est on the oven, the credit
$100,000 on his mortgage and the Maplecrest Cred- union gets the oven.
it Union $25,000 for a loan he took out to buy his
high-end baking oven. If BofA forecloses on his mort-
gage, will they be able to access the oven as well as
the property as security for the loan, since the oven
has been attached to the floor of the kitchen?
5. One of these is an example of a Federal Agency, em- environmental protection
powered to enforce federal law: agency
6. One of these is an example of Federal Legislative En- Comprehensive Environ-
actments: mental Response, Com-
pensation, and Liability Act
(CERCLA)
Real Estate Law Exam 2025 ? Verified Questions and Answers
, REAL ESTATE LAW EXAM
Real Estate Law Exam
REAL 2025
ESTATE LAW?EXAM-Updated
Verified Questions
2025 review and Answers
Study online at https://quizlet.com/_dgz1lj
7. In In re North Carolina Swine Farm Nuisance Litiga- Yes, because they have
tion, the court dealt with the issue of whether plain- shown that they are law-
tiffs possessed sufficient property interest to maintain fully occupying the prop-
a nuisance action. What did the court decide? erty
8. The following are examples of private laws . A Purchase and Sale
Agreement
. Rules adopted by a
Homeowner's Association
9. In Kelo v. City of New London, a redevelopment was Whether the City's rede-
challenged by homeowners whose homes would be velopment plan served a
razed to make room for the new development. The "public purpose"
homeowners challenged the government's ability to
take their homes. This case went all the way to the
U.S. Supreme Court. What was the primary issue in the
case before the Supreme Court?
10. What is Case Precedent? 1. Reliance on common
law and prior court deci-
sions to resolve a dispute
2. Other parties can use
and rely on a court's inter-
pretation of similar facts or
similar issues
3. Can be used as a guide-
line for contracts and
transactions after a judi-
cial decision
11. Real estate is best defined as... land and all permanent at-
tachments
Real Estate Law Exam 2025 ? Verified Questions and Answers
, REAL ESTATE LAW EXAM
Real Estate Law Exam
REAL 2025
ESTATE LAW?EXAM-Updated
Verified Questions
2025 review and Answers
Study online at https://quizlet.com/_dgz1lj
12. Should the is US Supreme Court hear challenges to Environmental regulations
changes in laws impacting climate change and the could be loosened or
environment, which of the following outcomes is likely rescinded, resulting in
with a more conservative court: lower carbon emissions
standards, more national
parkland becoming avail-
able for development,
fewer wetlands subject to
use restrictions.
13. Susan Hewitt is a licensed broker in the State of NJ. She - State laws on broker re-
is confused as to her role in dealing with both buyers lationships
and sellers in the same transaction. What sources of -State brokerage licens-
law would help her clarify her role with both buyers ing regulation
and sellers? Select all that apply. -The listing contract for
the property
-Case law dealing with this
issue
14. The state court system mimics the federal - trial level, the superior court
appellate level and top level. In NJ, the Trial Court is
called:
15. This Amendment was added to the Constitution fol- fourteenth amendment
lowing the Civil War, and was necessary in order to en-
sure that the southern states complied with the new
federal laws providing citizenship status and "equal
protection of the laws" to former slaves.
16. What is the name of the Federal Agency responsible Department of the Interior
for management and conservation of federal lands
and natural resources?
Real Estate Law Exam 2025 ? Verified Questions and Answers
