NATIONAL REAL ESTATE

National - Real Estate Exam Practice Questions (Set One) with all Answers correct! Which of the following is a lien on real estate? Which approach to value would MOST likely be useful to real estate brokers estimating the value of a single-family residence for sale in a subdivision? A license is an example of? If the holder of an easement owns adjacent land and his physical use of the land is benefited by the easement, he is said to have: A sales contract was signed by a minor. ...

NATIONAL REAL ESTATE EXAM PRACTICE TEST WITH CORRECT SOLUTIONS In most cases, broker compensation, as a percentage of home price, falls somewhere between: A Christian organization owns a fourplex. It wants to rent to only Christian tenants. Under the federal Fair Housing Act, is this legal? What happens to trade fixtures after a business moves out of a leased property? Suppose that a borrower has a gross monthly income of $3,000 and wants to qualify for a conforming loan (total debt servi...

National Real Estate Exam Practice Questions and complete Answers 100% 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... 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? A tenant is aware that his lease will expire at the end of the month. He has begun to disassemble his display cabinets and ...

National Real Estate Exam Prep Test with complete solutions Unilateral Contract Bilateral Contract Client/Principal Customer In-Company Transaction Management-Level License Statute of Frauds requires the following: Novation If the original party to an agreement is replaced due to novation, are they liable? Mailbox Rule Grantor is the Grantee is the Optionor is the Optionee is the Lessor is the Lessee is the

PSI National Exam for Real Estate Test with complete solutions A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called Antitrust laws prohibit competing brokers from all of the following When a sewer line is installed down a rural road, the cost will probably be shared by State laws differ on whether a buyer is entitled to know about A lawsuit for inverse condemnation may be brought by When is racial discrimination in the rental of rooms or apart...