Real Estate Principles Final Exam Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed
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Course
Real Estate Principles
Institution
Real Estate Principles
Anything that is fastened or attached to real property permanently is considered to be:
-:- Real Property
A quitclaim deed releases all present claims, rights and title of the:
-:- Grantor
When a creditor wants to satisfy a judgement which was levied against another person, the
creditor wou...
Real Estate Principles Final Exam Questions
& 100% Correct Answers- Latest Test |
Graded A+ | Passed
Anything that is fastened or attached to real property permanently is considered to be:
✓ -:- Real Property
A quitclaim deed releases all present claims, rights and title of the:
✓ -:- Grantor
When a creditor wants to satisfy a judgement which was levied against another person, the
creditor would:
✓ -:- Obtain a writ of execution
Before a mechanics lien is effective it must be:
✓ -:- Verified and recorded
Discrimination by a real estate licensee based on race is:
✓ -:- A violation of the regulations of the Real Estate Commissioner, against public
A landowner is notified by a railroad company that it plans to cross his property with a
railroad line. If the landowner refuses, the railroad company can proceed by the use of:
✓ -:- Eminent domain
Title to real property that is transferred by a will is considered:
✓ -:- A devise
A real estate broker received 40 acres of land valued at $300 per acre as a commission from
the seller. Two weeks after escrow closed, the broker was offered $400 per acre for the
land. If the broker accepts the offer he:
✓ -:- Will be acting in an acceptable manner
The words "procuring cause" would have an important meaning to which of the following?
✓ -:- A disputed over commission on an open listing
Which of the following is not an essential element of a contract?
✓ -:- Performance
Under the Street Improvement Act of 1911, the city is authorized to assess each owner for
the work completed. These improvements are assessed on the basis of:
3|Page | Grade A+| 2024/2025
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