Practice test

Real Estate Practice Exam 20

Master real estate practice exam 20: the final 25 questions on senior deeds, surplus foreclosure funds, transaction brokerage, installment sales, and cap rates.

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These questions are for study practice only and are not official exam questions.

Question 1

1

A will devises 'to my niece for life, then to her children who survive her; but if she dies childless, to the Red Cross.' The Red Cross interest is:

Question 2

2

A boundary dispute pits a senior deed (recorded 1962) against a junior deed (1978) describing overlapping land. The general rule is:

Question 3

3

A foreclosure sale yields surplus funds after paying the foreclosing first mortgage. The surplus is distributed:

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