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PSI National Exam for Real Estate Questions and Answers 100% Pass
PSI National Exam for Real Estate 
Questions and Answers 100% Pass 
A written agreement in which a purchaser agrees to buy and a seller agrees to sell is 
called - Correct Answer️️ -a contract 
Antitrust laws prohibit competing brokers from all of the following - Correct Answer️️ - 
1. boycotting other brokers in the marketplace. 
2. dividing the market to restrict competition. 
3. agreeing to set sales commissions and management rates. 
When a sewer line is installed down a rural road, ...
- Exam (elaborations)
- • 62 pages •
PSI National Exam for Real Estate 
Questions and Answers 100% Pass 
A written agreement in which a purchaser agrees to buy and a seller agrees to sell is 
called - Correct Answer️️ -a contract 
Antitrust laws prohibit competing brokers from all of the following - Correct Answer️️ - 
1. boycotting other brokers in the marketplace. 
2. dividing the market to restrict competition. 
3. agreeing to set sales commissions and management rates. 
When a sewer line is installed down a rural road, ...
National Real Estate Exam Practice Questions and Answers 100% Pass
National Real Estate Exam Practice 
Questions and Answers 100% Pass 
A property owner has decided to do some landscaping work on his yard. He has 
planted a tree surrounded by some flowering shrubs. The tree and shrubs are an 
example of... - Correct Answer️️ -improvements 
A property owner has a waterfront lot on a stream. He has the right to use the water 
from the stream. What is this right called? - Correct Answer️️ -riparian 
A tenant is aware that his lease will expire at the end o...
- Exam (elaborations)
- • 28 pages •
National Real Estate Exam Practice 
Questions and Answers 100% Pass 
A property owner has decided to do some landscaping work on his yard. He has 
planted a tree surrounded by some flowering shrubs. The tree and shrubs are an 
example of... - Correct Answer️️ -improvements 
A property owner has a waterfront lot on a stream. He has the right to use the water 
from the stream. What is this right called? - Correct Answer️️ -riparian 
A tenant is aware that his lease will expire at the end o...
PSI REAL ESTATE SALESPERSON PRACTICE EXAM QUESTIONS AND ANSWERS 100% PASS
PSI REAL ESTATE SALESPERSON PRACTICE EXAM 
QUESTIONS AND ANSWERS 100% PASS 
A couple listed their home with a broker. After 2 months, the seller found a buyer, and 
the sale closed. The seller was not obligated to pay a commission to the broker. This 
listing was MOST likely 
1. an exclusive agency listing. 
2. an exclusive right to sell listing. 
3. a net listing. 
4. an advance fee listing. - Correct Answer️️ -an exclusive agency listing 
What critical aspect of the property inspection pro...
- Exam (elaborations)
- • 29 pages •
PSI REAL ESTATE SALESPERSON PRACTICE EXAM 
QUESTIONS AND ANSWERS 100% PASS 
A couple listed their home with a broker. After 2 months, the seller found a buyer, and 
the sale closed. The seller was not obligated to pay a commission to the broker. This 
listing was MOST likely 
1. an exclusive agency listing. 
2. an exclusive right to sell listing. 
3. a net listing. 
4. an advance fee listing. - Correct Answer️️ -an exclusive agency listing 
What critical aspect of the property inspection pro...
PSI Real Estate Salesperson exam 1 Questions and Answers
PSI Real Estate Salesperson exam 1 
Questions and Answers 
Which of the following would NOT be considered Real Property? 
1. Mineral Rights 
2. A Leasehold Estate 
3. Fixtures 
4. Air - Correct Answer️️ -2. A Leasehold Estate 
The servient estate in an easement appurtenant is the property 
1. owned by the landlord 
2. on which the easement is placed 
3. owned by the tenant 
4. that benefits from the easement - Correct Answer️️ -2. on which the easement is 
placed 
Which of the following ...
- Exam (elaborations)
- • 23 pages •
PSI Real Estate Salesperson exam 1 
Questions and Answers 
Which of the following would NOT be considered Real Property? 
1. Mineral Rights 
2. A Leasehold Estate 
3. Fixtures 
4. Air - Correct Answer️️ -2. A Leasehold Estate 
The servient estate in an easement appurtenant is the property 
1. owned by the landlord 
2. on which the easement is placed 
3. owned by the tenant 
4. that benefits from the easement - Correct Answer️️ -2. on which the easement is 
placed 
Which of the following ...
Real Estate Salesperson exam Questions and Answers
Real Estate Salesperson exam 
Questions and Answers 
What agency issues real estate licenses? - Correct Answer️️ -New York State Dept of 
State (NYDOS) Division of Services 
At what age can you become a real estate sales person? - Correct Answer️️ -18 
Do you need experience in the field to become a salesperson? - Correct Answer️️ -No 
What is the minimum age to become a real estate broker? - Correct Answer️️ -20 
Do you need experience in the field to become a broker? - Correct ...
- Exam (elaborations)
- • 18 pages •
Real Estate Salesperson exam 
Questions and Answers 
What agency issues real estate licenses? - Correct Answer️️ -New York State Dept of 
State (NYDOS) Division of Services 
At what age can you become a real estate sales person? - Correct Answer️️ -18 
Do you need experience in the field to become a salesperson? - Correct Answer️️ -No 
What is the minimum age to become a real estate broker? - Correct Answer️️ -20 
Do you need experience in the field to become a broker? - Correct ...
National Real Estate Exam Prep Questions and Answers
National Real Estate Exam Prep 
Questions and Answers 
Unilateral Contract - Correct Answer️️ -Contract containing ONE promise given in 
exchange for completing an act. NO obligation to act. 
Bilateral Contract - Correct Answer️️ -Contract containing TWO promises. Example: A 
listing agreement is a bilateral contract 
Client/Principal - Correct Answer️️ -A person who has entered into an agency 
relationship w/ a licensee & with whom there is a written contract 
Customer - Correct Ans...
- Package deal
- Exam (elaborations)
- • 13 pages •
National Real Estate Exam Prep 
Questions and Answers 
Unilateral Contract - Correct Answer️️ -Contract containing ONE promise given in 
exchange for completing an act. NO obligation to act. 
Bilateral Contract - Correct Answer️️ -Contract containing TWO promises. Example: A 
listing agreement is a bilateral contract 
Client/Principal - Correct Answer️️ -A person who has entered into an agency 
relationship w/ a licensee & with whom there is a written contract 
Customer - Correct Ans...
Iowa dental board exam: jurisprudence questions and answers
Lacks clarity (layout/format), expected more expl & insight
Delaware Real Estate Law Final Exam Questions and Answers
Maryville University Pharmacology NURS- 615 Exam 2 Practice Questions and Answers (100% Pass)