Easy National Real Estate Exam Practice Questions

151 free easy-difficulty National Real Estate Exam questions, drawn live from KomFi's calibrated bank. Build the foundation first: these test the core mechanics every harder question assumes.

1. A broker's employment contract with a seller is officially called the:
2. What is the current status of the contract?
3. A buyer defaults on a purchase agreement, and the seller chooses to keep the earnest money deposit as the tota
4. A buyer makes a written offer to a seller. Two days later, before the seller has responded, the buyer changes
5. A contract for the sale of a property is signed. Before closing, the property is destroyed by a fire. The buye
6. A contract for the sale of real estate that has been signed by both parties is valid, but the buyer was intoxi
7. A contract that is valid and binding but allows one party to avoid the agreement because of a mistake of fact
8. A contract that is valid and enforceable until it is canceled by a party who was a victim of fraud is known as
9. An adult enters into a written contract to purchase a home from a 17-year-old individual. Under the law, this
10. An agreement that is legally binding and meets all the necessary requirements for a 'meeting of the minds' and
11. A person who has been judicially declared mentally incompete… — What is the legal status of this contract?
12. A seller signs listing agreements with five different brokers at the same time. This arrangement is a series o
13. If a buyer and seller enter into a verbal agreement for the sale of a home, and the seller later refuses to co
14. If a contract contains all the essential elements but is induced by a threat of physical force, it lacks:
15. If a contract is valid in all respects but cannot be enforced because it is not in writing as required by law
16. A broker is hired by an investor to manage a large apartment complex. In this scenario, the investor is the pr
17. An agency relationship that is created by a principal's actions leading a third party to reasonably believe an
18. An agent is authorized to conduct a series of transactions over time for a principal in a specific business ar
19. An agent's power to bind a principal to a contract is known as their:
20. If a broker acts as a transaction coordinator (facilitator) and does not represent either the buyer or the sel
21. If a person acts as an agent without prior authorization and the principal later accepts the benefits of those
22. If a seller instructs an agent to hide a known material defect in the property, the agent must refuse based on
23. In a standard real estate transaction, to whom does the agent owe the full range of fiduciary duties?
24. In which type of agency creation does the principal's silence or failure to object play a key role in protecti
25. A person living in an apartment after their one-year lease has expired continues to pay rent, and the landlord
26. A woman's interest in her deceased husband's real property is historically known as:
27. If a creditor has a judgment against only one spouse, why might they be unable to foreclose on the couple's pr
28. In a joint tenancy, what is the consequence if the 'Unity of Interest' is not present at the time of creation?
29. The 'Possibility of Reverter' is a future interest uniquely associated with which estate?
30. To create a valid joint tenancy, all owners must acquire the… — Which of the four unities does this requiremen

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