Practice test

Real Estate Practice Exam 7

Real Estate practice exam 7, Core tier: 25 questions on depreciation, lead-paint disclosure, commission math, and ARMs, with answer explanations.

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Question 1

1

A property owner sells the mineral rights but keeps the surface. This separation of rights is known as:

Question 2

2

Combining several adjacent parcels into one larger parcel under a single ownership is called:

Question 3

3

A licensee who knows about a major foundation crack but tells the buyer nothing has committed:

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