- Guides d'étude, Notes de cours & Résumés

National Real Estate Exam Prep with Verified Answers Graded A+ Unilateral Contract - -Contract containing ONE promise given in exchange for completing an act. NO obligation to act. Bilateral Contract - -Contract containing TWO promises. Example: A listing agreement is a bilateral contract Client/Principal - -A person who has entered into an agency relationship w/ a licensee & with whom there is a written contract Customer - -Any 3rd party w/ who

NATIONAL REAL ESTATE EXAM PREP QUESTIONS AND CORRECT ANSWERS 100% CORRECT | (ALREADY GRADED A+) | BRAND NEW UPDATE 2025

NATIONAL REAL ESTATE EXAM PRACTICE QUESTIONS AND CORRECT ANSWERS 100% CORRECT | (ALREADY GRADED A+) | BRAND NEW UPDATE 2025

National Real Estate Exam: Pearson Vue Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What is the main purpose of earnest money in a real estate transaction? A. To cover inspection costs B. To show the buyer’s good faith intention to purchase C. To pay off closing costs D. To reserve the property for future negotiations What is a legal right that allows a person to use another’s land for a specific purpose? A. Easement B. Deed restriction C. Co...

National Real Estate Exam Vocab | Latest Version | 2025/2026 | Correct & Verified What is the legal right to use someone else's land for a specific purpose called? Easement What is the process of increasing land area by the natural deposit of soil called? Accretion What is the opposite of accretion, where land is lost due to water or natural causes? Erosion What is the sudden and violent loss of land called, usually due to water? Avulsion What is the government power to...

National Real Estate Exam Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What is the legal right to use another's land for a specific purpose called? Easement What document is used to transfer ownership of real property? Deed What type of loan is guaranteed by the Department of Veterans Affairs? VA loan What type of listing agreement offers the most protection for the listing broker? Exclusive right to sell What is the act of mixing client f...

National Real Estate Exam Questions and Answers: MATH | Latest Version | 2025/2026 | Correct & Verified A house sells for $240,000 with a 6% commission. What is the total commission? A. $12,400 B. $14,400 C. $16,000 D. $13,000 A property is listed at $320,000 and sells for $310,000. The listing broker offers a 3% co-op to the buyer’s agent. How much does the buyer’s agent earn? A. $9,600 B. $9,300 C. $10,000 D. $8,900 An agent receives a 70% split from their broker. The...

National - Real Estate Exam Practice Questions (Set One) Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What does a property manager typically NOT do? A. Sell the property B. Collect rent C. Coordinate maintenance D. Enforce lease terms A buyer is protected from title defects with: A. A home warranty B. Title insurance C. A property survey D. A deed The main purpose of zoning laws is to: A. Control property prices 2 B. Restrict property o...

National Real Estate Exam: Property Disclosure Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What is the primary purpose of a property disclosure statement? To inform the buyer of known material defects in the property Who is responsible for completing the property condition disclosure? The seller If a seller is aware of a leaky roof, must they disclose it to the buyer? Yes Is a real estate agent required to disclose a known foundation issue? Ye...

National Real Estate Exam - Guide to Pearson Vue Book Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What is the primary purpose of the Real Estate Settlement Procedures Act (RESPA)? To ensure borrowers receive disclosures about closing costs and to eliminate kickbacks What is a fiduciary duty owed by an agent to a client? Loyalty What is the term for the value of a property based on the income it generates? Income value Who typically holds the ear...