Encumbrance - Study guides, Class notes & Summaries
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National - Real Estate Exam Practice Questions (Set One) Latest Update Graded A+
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National - Real Estate Exam Practice 
Questions (Set One) Latest Update 
 
Graded A+ 
 
Which of the following is a lien on real estate? 
 
a. recorded easement 
b. recorded mortgage 
c. encroachment 
 
d. dead restriction b. recorded mortgage 
 
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. cost approach 
b. income approach 
c. market comparison approach 
d. gross rent multiplier c. ...
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CALIFORNIA NOTARY PUBLIC PRACTICE EXAM QUESTIONS 2022 COMPLETE SOLUTION
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Every person who makes a false sworn statement to a Notary Public, with knowledge that the statement 
is false, to induce the Notary Public to perform an improper notarial act on an instrument or document 
affecting title to, or placing an encumbrance on, real property consisting of a single-family residence 
containing not more than four dwelling units is guilty of a _________. 
A. Infraction 
B. Felony 
C. Misdemeanor - B. Felony 
A commissioned Notary Public embezzled funds from their employe...
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REAL ESTATE EXAM REVIEW – ENCUMBRANCES QUESTIONS WITH CORRECT ANSWERS
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Encumbrance CORRECT ANSWER Any interest or right to land held by third persons which affects the title and possibly the value of the property 
 
Effects of Encumbrance CORRECT ANSWER 1. Physical condition of the property, or use of property (deed restrictions, easements, and encroachments) 
2. Financial, like liens. 
 
Lien CORRECT ANSWER Charge against property, making that property security for payment of a debt 
 
Nonmonetary Encumbrances CORRECT ANSWER Deed restrictions/several types of ease...
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Real Estate Exam Review – Encumbrances all solved
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Encumbrance correct answers Any interest or right to land held by third persons which affects the title and possibly the value of the property 
 
Effects of Encumbrance correct answers 1. Physical condition of the property, or use of property (deed restrictions, easements, and encroachments) 
2. Financial, like liens. 
 
Lien correct answers Charge against property, making that property security for payment of a debt 
 
Nonmonetary Encumbrances correct answers Deed restrictions/several types of ...
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North Carolina Real Estate Exam Prep Basic, Ownership Interests, Encumbrances, Property Description Exam with Correct Answers
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North Carolina Real Estate Exam Prep Basic, Ownership Interests, Encumbrances, Property Description Exam with Correct Answers 
 
Qualified Fee - Answer-aka FEE SIMPLE DEFEASIBLE 
This term was on practice test and didn't recognize! 
 
(you have to qualify to keep title) 
 
Estates NOT of Inheritance - 2 categories - Answer-1. Covnentional Life Estate (Life Tenant's ownership ends at his/her death). Then reverts back to grantor or grantor's heirs. 
 
2. Martial Life Estate (abolished in NC - N...
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PSI Real Estate Salesperson exam 1 2024 with 100% correct answers
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Which of the following would NOT be considered Real Property? 
 
1. Mineral Rights 
2. A Leasehold Estate 
3. Fixtures 
4. Air - correct answer 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 answer 2. on which the easement is placed 
 
Which of the following statements concerning encumbrances is NOT true 
 
1. All encumbran...
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PSI Real Estate Exam Questions Solved 100% Correct
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Lien - Answer a monetary encumbrance that asserts the lienholder has a creditor's claim 
to a specific monetary interest in the property's value. 
Priority of liens - Answer for payment after a voluntary or forced property sale typically 
goes by date of recordation from first to the most recent. 
Property Tax Liens - Answer Which lien is ALWAYS superior to other liens?
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MD Real Estate Salesperson Exam Review with Certified Solutions
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MD Real Estate Salesperson Exam 
Review with Certified Solutions 
 
Which of the following would NOT be considered real property? 
1. mineral rights 
2. a leasehold estate 
 
3. fixtures 
 
4. air 2. a leasehold estate 
 
- a leasehold estate is a non-freehold estate involving the tenant's right to occupy the real estate 
during the term of the lease 
 
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...
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Encumbrances and title insurance, real estate exam (all solved)
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An easement could be created for what length of time: correct answers Any of the above (perpetuity; the lifetime of a person; a term of years) 
 
The land that is benefited by an easement is called the: correct answers Dominant tenement 
 
Land that is subject to an easement is said to be: correct answers Encumbered 
 
Mr. and Mrs. Winters hired the superb construction company to install a swimming pool on their residential premises. In the event the construction company was unpaid and it was ne...
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Champions Real Estate Finance Exam (Latest 2024/ 2025 Update) 100% Correct Questions and Verified Answers| Grade A
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Champions Real Estate Finance Exam (Latest 2024/ 2025 Update) 100% Correct Questions and Verified Answers| Grade A 
 
 
Q: All residential mortgage loan originators must register with 
 
 
Answer: 
NMLSR 
National Mortgage Licensing System & Registry 
 
 
 
Q: Who is responsible for affordable housing 
 
 
Answer: 
TDHCA 
Texas Department of Housing & Community Affairs 
 
 
 
Q: Who is applicable to all federally related mortgage loans 
 
 
Answer: 
RESPA 
Real Estate Settlement Procedure Act 
 ...
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