PSI Real Estate Salesperson exam 1
Questions and Answers 100% Pass
Which of the following would NOT be considered Real Property?
1. Mineral Rights
2. A Leasehold Estate
3. Fixtures
4. Air ✔✔2. A Leasehold Estate
The servient estate in an easement appurtenant is the property
1. owned by the landlord
2. on which the easement is placed
3. owned by the tenant
4. that benefits from the easement ✔✔2. on which the easement is placed
Which of the following statements concerning encumbrances is NOT true
1. All encumbrances are liens
2. All liens are encumbrances
3. Restrictions beneficial to the grantee are encumbrances
4. An easement is a physical encumbrance ✔✔1. All encumbrances are liens
Which of the following is not a specific lien?
1. Mortgage Lien
2. State inheritance tax
3. Real Estate taxes
4. Mechanic's Lien ✔✔2. State Inheritance tax
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