Deed restrictions - Study guides, Class notes & Summaries
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PSI BROKER EXAM PREP EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED.| latest update 2024/25|
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PSI BROKER EXAM PREP EXAM REVIEW QUESTIONS AND 
ANSWERS, GRADED A+/ VERIFIED. 
A buyer has the right to buy a property at an agreed-upon price within the next six months. This is a(n) - 
-an option 
A leasehold estate that does NOT require notice to terminate is called a(n) - -an estate for years 
The broker and the seller both know that the foundation of the seller's house is unsafe. If they do not 
inform the buyer of this condition, then the contract is - -voidable 
A contract that has bee...
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HUD Certification Exam 2024 Questions and Answers (Graded A)
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HUD Certification Exam 2024 Questions and Answers (Graded A) 
 
HUD Certification Exam 2024 Questions and Answers (Graded A) 
 
HUD Certification Exam 2024 Questions and Answers (Graded A) 
 
 
Deed Restrictions - ANSWER-Legally enforceable terms that govern the use of real estate 
 
Redlining - ANSWER-The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial ...
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Colorado Real Estate Exam Prep (2023/2024) (Certified Solutions)
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Colorado Real Estate Exam Prep (2023/2024) (Certified Solutions) Title Theory lender owns, borrower has equitable title 
Hypothecation pledging property as collateral for a loan without giving up possession 
Mortgagee Lender 
Mortgagor borrower 
Non Judicial foreclosure *CO: Public trustee has power to foreclose 1.Lender complains 2. Notice given 3. trustee sells after 125 days 
Strict foreclosure No sale. Full legal title given to lender, loss of equity for borrower 
Judicial foreclosure done t...
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Mckissock Basic Appraisal Principles Exam Questions and Answers Latest Update 2024/2025 Graded A+.
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Mckissock Basic Appraisal Principles Exam Questions and Answers Latest Update 2024/2025 Graded A+. grant deed - ANSWER deed containing, or having implied by law, some but not 
all of the usual covenants of title 
Appraiser - ANSWER One who is expected to perform valuation services 
competently and in a manner that is independent, impartial, and objective. 
report - ANSWER any communication, written or oral, of an appraisal or 
appraisal review that is transmitted to the client or a party authori...
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NC real estate broker pre-licensing exam Questions & Answers!!
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Syndication - ANSWER Two or more forms joining together as an entity to own real estate 
 
Estate in severalty - ANSWER Ownership by one individual 
 
Concurrent ownership - ANSWER Two or more persons share ownership with undivided interests 
 
Tenancy in common - ANSWER Co-ownership without right of survivorship to other owners 
 
Police power - ANSWER The broad right of the government to place reasonable restrictions on the use of privately held land 
 
Easement - ANSWER A right of use or enjo...
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Real Estate 306 Exam 1 Questions & Answers Already Graded A+
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An undivided share of the whole, plus "survivorship" rights (restricts inheritance to heirs of the last 
surviving owner)• Not available in every state - joint tenancy 
-Mortgage-Leases-Mechanics Liens-Private Deed Restrictions. are all known as - title 
encumbrances 
-Name grantor and grantee 
-Dated and signed 
-Consideration 
-Words of conveyance 
-Delivery 
-Receipt of delivery - requirements of a deed 
-Pay for specific improvements 
- a new alley, new utilities to the home, new sidewal...
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Texas Principles of Real Estate 1 (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct
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Texas Principles of Real Estate 1 (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct Q: curtsey rights Answer: right a husband has to his wifes estate upon her death Q: fee simple defeasable Answer: a gift of land by a person or GRANTOR Q: Life Estate Answer: an estate in land for the duration of someones life (always a gift of land/ real estate) Q: Homestead Answer: Texas is a Homestead State. The property that you own and live in. It is a constitutional right that ca...
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Illinois Real Estate Exam Questions and Answers 100% Correct
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Illinois Real Estate Exam Questions and Answers 100% CorrectIllinois Real Estate Exam Questions and Answers 100% CorrectIllinois Real Estate Exam Questions and Answers 100% CorrectIllinois Real Estate Exam Questions and Answers 100% Correct 
When private property become ownerless due to the death of the owner, the state or county government may exercise its reversionary claim to that property under the right of: - ANSWER-Escheat 
 
A developer divided 5 acres into 20 equal lots all having depth ...
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Dubai RERA Broker Final Certification Exam Questions and Answers 2024
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Dubai RERA Broker Final Certification 
Exam Questions and Answers 2024 
Of the following, which are NOT classified as real property? 
A. Fixtures 
B. Emblements 
C. Shrubs planted in the ground 
D. Air rights - CORRECT ANSWER-Emblements 
The use of the property could be changed without changing the zoning by using a: 
A. Restriction 
B. Variance 
C. Taking 
D. Buffer - CORRECT ANSWER-Variance 
The basic authority for zoning laws is derived from a state's: 
A. Powers of eminent domain 
B. Right...
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Basic Appraisal Procedures Exam: Basic Appraisal Procedures Exam Study Guide : Questions & Answers: Updated A+ Score Guide
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When developing an appraisal, you calculate the following GRMs for comparable properties: 94.3, 90.1, 95.6, 109.2, 84.5, 100.7, 99.9. What is the mean of the GRMs? 
 (Ans- 96.3 
 
"The process of valuing a universe of properties as of a given date using standard methodology, employing common data, and allowing for statistical testing" is the definition of 
 (Ans- mass appraisal 
 
What is the most common type of framing currently being used in new homes? 
(Ans- platform frame 
 
Fannie Mae re...
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