Pearson Vue Test Actual 80 Questions And 100

Pearson Vue Test (Actual / ) 80 Questions And 100% Verified Correct Answers

Which of the following terms BEST describes personal property that, by its attachment to real property, is regarded as real estate?

A.Emblements

B.Personality

C.Fixtures

D.Appliances C

When a husband and wife take title to a property as tenants in common, they have elected a form of ownership that allows

for:

A. 1 / 4

title in severalty

B.separate life estates

C.the right of survivorship

D.unequal shares of ownership D

The owners of a house sign a listing agreement and later tell the licensee that the garage roof leaks. If they tell the licensee not to reveal the roof's condition to any prospective buyers,

the licensee MUST:

A.abide by the owners' request

B.advise the sellers that they must disclose the condition of the roof to prospective buyers

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C.advise only those prospective buyers who ask about the roof's condition

D.refer all prospective buyers who have questions about the roof's condition to the sellers B

A CORRECT statement about the Federal National Mortgage

Association (FNMA) is that it:

A.purchases certain mortgages originated by lending institutions

B.insures mortgages through insurance fees paid by borrowers

C.provides guarantees to lenders on certain mortgages

D.is the nation's central bank, designed to provide economic stability 3 / 4

A

When private property is abandoned, the state may acquire

title to that property under the right of:

A.escheat

B.eminent domain

C.police power

D.taxation A

The direct sales comparison (market data) approach would be

MOST appropriate for establishing the value of a:

A.5-year-old single-family house

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