Maryland Real Estate Exam QUESTIONS & COMPLETE SOLUTIONS!!
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Course
Maryland Real Estate
Institution
Maryland Real Estate
1. Many states determine the order of water rights according to which users of the water hold a recorded beneficial use permit. This allocation of water rights is determined by:
A. accretion.
B. riparian theory.
C. littoral theory.
D. the doctrine of prior appropriation. - ANSWER D
2. Th...
Maryland Real Estate Exam QUESTIONS &
COMPLETE SOLUTIONS!!
1. Many states determine the order of water rights according to which users of the water hold a
recorded beneficial use permit. This allocation of water rights is determined by:
A. accretion.
B. riparian theory.
C. littoral theory.
D. the doctrine of prior appropriation. - ANSWER D
2. The right to control one's property includes all of the following EXCEPT:
A. the right to invite people on the property for a political fund-raiser.
B. the right to exclude the utilities meter reader.
C. the right to erect "no trespassing" signs.
D. the right to enjoy pride of ownership.
Real Estate Exam Professionals Ltd.; Fun Science Group. 2021 Maryland PSI Real Estate Exam Prep
Questions and Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly (p.
91). Fun Science Group. Kindle Edition. - ANSWER B
3. Which of the following types of ownership CANNOT be created by operation of law, but must be
created by the parties' expressed intent?
A. community property
B. tenancy in common
C. condominium ownership
D. tenancy by the entireties
Real Estate Exam Professionals Ltd.; Fun Science Group. 2021 Maryland PSI Real Estate Exam Prep
Questions and Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly (p.
92). Fun Science Group. Kindle Edition. - ANSWER D
4. Which of the following is/are considered to be personal property?
, A. wood-burning fireplace
B. furnace
C. bathtubs
D. patio furniture
Real Estate Exam Professionals Ltd.; Fun Science Group. 2021 Maryland PSI Real Estate Exam Prep
Questions and Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly
(pp. 92-93). Fun Science Group. Kindle Edition. - ANSWER D
5. The word "improvement" would refer to all of the following EXCEPT:
A. streets.
B. a sanitary sewer system.
C. trade fixtures.
D. the foundation.
Real Estate Exam Professionals Ltd.; Fun Science Group. 2021 Maryland PSI Real Estate Exam Prep
Questions and Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly (p.
93). Fun Science Group. Kindle Edition. - ANSWER C
6. All of the following are physical characteristics of land EXCEPT:
A. indestructibility.
B. uniqueness.
C. immobility.
D. scarcity.
Real Estate Exam Professionals Ltd.; Fun Science Group. 2021 Maryland PSI Real Estate Exam Prep
Questions and Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly (p.
93). Fun Science Group. Kindle Edition. - ANSWER D
7. Certain items on the premises that are installed by the tenant and are related to the tenant's business
are called:
A. fixtures.
B. emblements.
C. trade fixtures.
, D. easements.
Real Estate Exam Professionals Ltd.; Fun Science Group. 2021 Maryland PSI Real Estate Exam Prep
Questions and Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly (p.
94). Fun Science Group. Kindle Edition. - ANSWER C
8. Personal property includes all of the following EXCEPT:
A. chattels.
B. fructus industriales.
C. emblements.
D. fixtures.
Real Estate Exam Professionals Ltd.; Fun Science Group. 2021 Maryland PSI Real Estate Exam Prep
Questions and Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly (p.
94). Fun Science Group. Kindle Edition. - ANSWER D
9. A person who has complete control over a parcel of real estate is said to own a:
A. leasehold estate.
B. fee simple estate.
C. life estate.
D. defeasible fee estate.
Real Estate Exam Professionals Ltd.; Fun Science Group. 2021 Maryland PSI Real Estate Exam Prep
Questions and Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly
(pp. 94-95). Fun Science Group. Kindle Edition. - ANSWER B
16. Jim and Sandy are next-door neighbors. Sandy tells Jim that he can store his camper in her yard for a
few weeks until she needs the space. Sandy did not charge Jim rent for the use of her yard. Sandy has
given Jim a(n) what?
A. easement appurtenant
B. easement by necessity
C. estate in land license
D. License
, Real Estate Exam Professionals Ltd.; Fun Science Group. 2021 Maryland PSI Real Estate Exam Prep
Questions and Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly (p.
98). Fun Science Group. Kindle Edition. - ANSWER D
17. Your neighbors use your driveway to reach their garage on their property. Your attorney explains that
the ownership of the neighbors' real estate includes an easement appurtenant giving them the driveway
right. Your property is the:
A. leasehold interest.
B. dominant tenement.
C. servient tenement.
D. license property.
Real Estate Exam Professionals Ltd.; Fun Science Group. 2021 Maryland PSI Real Estate Exam Prep
Questions and Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly (p.
98). Fun Science Group. Kindle Edition. - ANSWER C
18. Quintin owned two acres of land. He sold one acre to Frank and reserved for himself an appurtenant
easement over Frank's land for ingress and egress. Frank's land:
A. Is the dominant tenement.
B. Is the servient tenement.
C. Can be cleared of the easement when Quintin sells the withheld acre to a third party.
D. Is subject to an easement in gross.
Real Estate Exam Professionals Ltd.; Fun Science Group. 2021 Maryland PSI Real Estate Exam Prep
Questions and Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly (p.
99). Fun Science Group. Kindle Edition. - ANSWER B
19. Ginny owns 50 acres of land with 500 feet of frontage on a desirable recreational lake. She wishes to
subdivide the parcel into salable lots, but she wants to retain control over the lake frontage while
allowing lot owners to have access to the lake. Which of the following types of access rights would
provide the greatest protection for a prospective purchaser?
A. an easement in gross
B. an appurtenant easement
C. an easement by necessity
D. a license
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