Interim land agent exam - Study guides, Class notes & Summaries
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PSI PA Real Estate Practice Exam Questions and Answers 2023
- Exam (elaborations) • 28 pages • 2023
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PSI PA Real Estate Practice Exam Questions and Answers 2023 
The economic characteristics of land are 
scarcity, location, and durability 
 
 
 
A major difference between freehold and nonfreehold estates is that all freehold estates 
are of indeterminable duration 
 
 
 
An easement can be terminated by 
merger of titles 
 
 
 
The land description T3N, R4W Principal Meridian refers to what method of property description? 
Rectangular survey 
 
 
 
Tenants are still in their rental property eve...
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Real Estate Salesperson California State Exam Questions and Answers 100% Pass
- Exam (elaborations) • 22 pages • 2024
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Real Estate Salesperson California State Exam 
Questions and Answers 100% Pass 
Which of the following is most vital or important in planning a subdivision: - Correct 
Answer ️️ -Market Analysis 
When rent is computed on the gross sales of a business occupying real property, the 
lease is correctly termed: - Correct Answer ️️ -Percentage Lease 
What is not an adequate method of transferring property? - Correct Answer ️️ - 
Executive Sale 
What is considered personal property? - Corre...
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Real Estate Express Exam Questions & Answers Correct 100%
- Exam (elaborations) • 42 pages • 2023
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who must sign the mortgage broker dual agency disclosure form? - Answer the borrower and the seller 
 
how many members of the NYS board of real estate must be real brokers? - Answer 5 
 
which of the following does not appoint members to the board? - Answer secretary of state 
 
a _____ broker conducts business as a sole proprietorship, doing businesses under a name other than his or her own personal name - Answer trade name 
 
examinees may or may not bring large bags or briefcases into the te...
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Basic Appraisal Principles Exam Question Review
- Exam (elaborations) • 53 pages • 2024
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Basic Appraisal Principles Exam Question Review 
 
 
 
Which of the following items are considered to be personal property? 
a. a tree orchard 
b. built-in cabinetry 
c. furniture 
d. interior light fixtures - ANS c 
 
Mayes owns a property buy has leased it to Jacobs. Which term describes Jacobs' right in the property? 
a. Fee simple interest 
b. Leased fee interest 
c. Leasehold interest 
d. Lessor interest - ANS c 
 
Real estate is best described as 
a. everything resting on t...
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PSI National Exam for Real Estate Questions and Answers
- Exam (elaborations) • 37 pages • 2024
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PSI National Exam for Real Estate 
 
A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - Answer- a contract 
 
Antitrust laws prohibit competing brokers from all of the following - Answer- 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, the cost will probably be shared by - Answer- all current ...
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PSI National Exam for Real Estate Questions With Correct Answers
- Exam (elaborations) • 40 pages • 2024
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PSI National Exam for Real Estate Questions 
With Correct Answers 
A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - 
answera contract 
Antitrust laws prohibit competing brokers from all of the following - answer1. 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, the cost will probably be shared b...
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PSI National Exam for Real Estate Questions and Answers Already Passed
- Exam (elaborations) • 90 pages • 2023
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PSI National Exam for Real Estate Questions and Answers Already Passed A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called a contract 
Antitrust laws prohibit competing brokers from all of the following 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, the cost will probably be shared by all current ow...
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PSI National Exam for Real Estate Test with complete solutions
- Exam (elaborations) • 57 pages • 2023
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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...
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PSI NJ Real Estate Practice Exam Study Guide 2023
- Exam (elaborations) • 32 pages • 2023
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PSI NJ Real Estate Practice Exam Study Guide 2023 
38 Unrepresented buyers ask the licensee who listed the 
home whether they should order a property inspection as a 
part of their due diligence for the purchase of the home. 
Which of the following would be the most appropriate way 
for the listing agent to respond?: If you feel it is in your best 
interest, please do so. 
39. What critical aspect of the property inspection process 
MUST licensees convey to prospective buyers?: Need for...
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PSI National Exam for Real Estate correctly answered 2023
- Exam (elaborations) • 53 pages • 2023
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PSI National Exam for Real Estate correctly answered 2023A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - correct answer a contract 
 
Antitrust laws prohibit competing brokers from all of the following - correct answer 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, the cost will probably b...
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