1 Superior Real Estate School Exam

• Superior Real Estate School Exam /

Comprehensive Practice Test / Study Guide Newest Actual Questions 7 Answers (A+ Guide Solutions.

Quiz____?

All of the following are physical characteristics of land except:

• Indestructibility
• Uniqueness
• Immobility
• Scarcity -

Answer✓✓

• Scarcity

Quiz____?Under the doctrine of specific performance, the party harmed by breach of a real estate contract can ask a judge to force the breaching party to carry out the terms of the contract rather than order the breaching party to pay monetary damages. Which physical characteristic of land is the basis for the doctrine of specific performance?

• Indestructibility
• Uniqueness
• Immobility
• Permanence of Investment - 1 / 4

2 Answer✓✓

• Uniqueness

Quiz____?Which of the following is considered to have the greatest impact on the value of a property?

• Area Preference
• Permanence of Investment
• Scarcity
• Uniqueness -

Answer✓✓

• Area Preference

Quiz____?The concept by which land would increase automatically along a river or

stream is known as:

• Accretion
• Littoral Rights
• Avulsion
• Reliction -

Answer✓✓

• Accretion

• / 4

3 Quiz____?The owner of a house wants to fence the yard for a dog. When the fence is

erected, the fencing materials are converted to real estate by:

• Severance
• Annexation
• Immobility
• Indestructibility -

Answer✓✓

• Annexation

Quiz____?A deed conveyed ownership to a grantee "so long as the existing building on the property is not destroyed." Following the transfer, the original grantor has what type of interest?

• Life Estate
• ongoing ownership in the property that lasts as long as the condition
• Fee Simple Estate
• Reversionary Estate -

Answer✓✓

• Reversionary Estate

Quiz____?A woman conveys a life estate to her son-in-law and stipulates that upon his

death the estate will pass to her grandson. The grandson has an:

• / 4

4

• Estate in Reversion
• Estate in Remainder
• Estate Pur Autre Vie
• Estate for the life of another -

Answer✓✓

• Estate in Remainder

Quiz____?A person who acquired ownership that can be inherited, with the provision

"that the land must always be used for recreational purposes," has:

• a fee simple absolute estate
• a defeasible fee
• a fee simple to a condition subsequent estate
• an estate that cannot be sold -

Answer✓✓

• a defeasible fee

Quiz____?A brother and sister bought a commercial building and took title as joint tenants with right of survivorship. The brother died. The sister now owns the

building:

• as a joint tenant with right of survivorship with her brother's heirs
• in severalty
• as a tenant in common with her brother's heirs
• as a life tenant with her brother's heirs having remainder interests -
• / 4