NORTH CAROLINA REAL ESTATE EXAM REVIEW
2026 COMPLETE BUNDLED QUESTIONS AND
VERIFIED SOLUTIONS GRADED A+
◉ What are improvements with regard to property? Answer:
artificial attachments to land that include items such as fencing,
buildings and walkways
◉ Physical characteristics of land include its immobility,
indestructibility, and ______. Answer: uniqueness (non homogeneity)
◉ Which physical characteristic of land addresses the concept that
the geographic location of a piece of land is fixed and can never be
changed? Answer: immobility
◉ Annette really wants to move to San Francisco, but she's unsure
whether she'll be able to afford to live there. Housing is very
expensive because there simply is no room to build any new housing
units. Which economic characteristic does this reflect? Answer:
scarcity
◉ What's the best definition of real property? Answer: Real estate,
plus all of the interests, benefits, and rights included in ownership
,◉ Jacob is a developer who purchased 78 acres and had it
subdivided into half-acre lots. He decided to install sewer and
underground electric for the entire subdivision, because he thinks
that he will easily recoup his initial infrastructure investment. This is
an example of which economic characteristic of real property?
Answer: Permanence
◉ Which of the following best describes the goal of governmental
land use controls? Answer: To ensure the health, safety, and welfare
of its citizens
◉ Residential, commercial, and industrial are submarkets within
which real estate market segment? Answer: Property Type
◉ When appraiser Kate appraises a property, which of the following
pieces of information should she include in the report? Answer:
Whether the neighborhood is increasing, stable, or declining
◉ Which one of the following options provides three valid examples
of a private land use control? Answer: Easement, lien, deed
restriction
◉ When both supply and demand increase, what tends to happen to
prices? Answer: Stay the same
,◉ For most residential properties, the highest and best use of the
property is relatively obvious. What is it? Answer: Current Use
◉ The Sanchezes learned that the home they recently purchased has
a limitation built in to the deed affecting what sort of aesthetic
changes they can make to the outside of their home. This limitation
is imposed by the home's builder, a small, family-owned
construction company. What kind of limitation is this? Answer:
Private land use control
◉ Which term means "for another's life"? Answer: Pur autre vie
◉ What's the difference between reversionary interest and
remainder interest in a property? Answer: With reversionary
interest, the property reverts to the owner after the death of the life
tenant. With remainder interest, the title to the property goes to a
named third party following the death of the life tenant.
◉ Some plants are considered personal property. Which of the
following type of plant is considered personal property? Answer:
Fruits of industry
◉ In real estate, what are emblements? Answer: Cultivated crops
, ◉ In regard to fixtures, what does the NC Uniform Commercial Code
grant creditors? Answer: The right to repossess
◉ Noah is a major barbecue freak. He loves cooking just about
everything over flames. As a birthday gift, his wife had a beautiful
brick barbecue pit built on the edge of their patio. What is this an
example of? Answer: Annexation
◉ Kyle owns six acres of land with 400 feet of river frontage. He
wants to build a beach along the river bank to make it easier to swim
in the river. He can do this because as the owner of river frontage, he
has ________ rights. Answer: Riparian
◉ Agricultural fixtures, even if they are installed by a tenant, are
_______. Answer: Real property
◉ Which act created federal regulations for the construction of
manufactured homes? Answer: National Manufactured Housing
Construction and Safety Standards Act of 1976
◉ Riparian rights grant usage of water on a property owner's land
as long as _______. Answer: It doesn't adversely affect landowners
both up- and downstream
2026 COMPLETE BUNDLED QUESTIONS AND
VERIFIED SOLUTIONS GRADED A+
◉ What are improvements with regard to property? Answer:
artificial attachments to land that include items such as fencing,
buildings and walkways
◉ Physical characteristics of land include its immobility,
indestructibility, and ______. Answer: uniqueness (non homogeneity)
◉ Which physical characteristic of land addresses the concept that
the geographic location of a piece of land is fixed and can never be
changed? Answer: immobility
◉ Annette really wants to move to San Francisco, but she's unsure
whether she'll be able to afford to live there. Housing is very
expensive because there simply is no room to build any new housing
units. Which economic characteristic does this reflect? Answer:
scarcity
◉ What's the best definition of real property? Answer: Real estate,
plus all of the interests, benefits, and rights included in ownership
,◉ Jacob is a developer who purchased 78 acres and had it
subdivided into half-acre lots. He decided to install sewer and
underground electric for the entire subdivision, because he thinks
that he will easily recoup his initial infrastructure investment. This is
an example of which economic characteristic of real property?
Answer: Permanence
◉ Which of the following best describes the goal of governmental
land use controls? Answer: To ensure the health, safety, and welfare
of its citizens
◉ Residential, commercial, and industrial are submarkets within
which real estate market segment? Answer: Property Type
◉ When appraiser Kate appraises a property, which of the following
pieces of information should she include in the report? Answer:
Whether the neighborhood is increasing, stable, or declining
◉ Which one of the following options provides three valid examples
of a private land use control? Answer: Easement, lien, deed
restriction
◉ When both supply and demand increase, what tends to happen to
prices? Answer: Stay the same
,◉ For most residential properties, the highest and best use of the
property is relatively obvious. What is it? Answer: Current Use
◉ The Sanchezes learned that the home they recently purchased has
a limitation built in to the deed affecting what sort of aesthetic
changes they can make to the outside of their home. This limitation
is imposed by the home's builder, a small, family-owned
construction company. What kind of limitation is this? Answer:
Private land use control
◉ Which term means "for another's life"? Answer: Pur autre vie
◉ What's the difference between reversionary interest and
remainder interest in a property? Answer: With reversionary
interest, the property reverts to the owner after the death of the life
tenant. With remainder interest, the title to the property goes to a
named third party following the death of the life tenant.
◉ Some plants are considered personal property. Which of the
following type of plant is considered personal property? Answer:
Fruits of industry
◉ In real estate, what are emblements? Answer: Cultivated crops
, ◉ In regard to fixtures, what does the NC Uniform Commercial Code
grant creditors? Answer: The right to repossess
◉ Noah is a major barbecue freak. He loves cooking just about
everything over flames. As a birthday gift, his wife had a beautiful
brick barbecue pit built on the edge of their patio. What is this an
example of? Answer: Annexation
◉ Kyle owns six acres of land with 400 feet of river frontage. He
wants to build a beach along the river bank to make it easier to swim
in the river. He can do this because as the owner of river frontage, he
has ________ rights. Answer: Riparian
◉ Agricultural fixtures, even if they are installed by a tenant, are
_______. Answer: Real property
◉ Which act created federal regulations for the construction of
manufactured homes? Answer: National Manufactured Housing
Construction and Safety Standards Act of 1976
◉ Riparian rights grant usage of water on a property owner's land
as long as _______. Answer: It doesn't adversely affect landowners
both up- and downstream
