Test your basic knowledge |

MI Michigan Real Estate Test

Subject : certifications
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Testimonium clause


2. Open-end mortgage






3. Consideration






4. Mortgage






5. Retainer






6. Earnest money






7. Mortgage assumption


8. Immobility






9. Owner's policy






10. Closing statement






11. Vroration






12. Property description






13. Unenforceable contract






14. Quitclaim deed






15. Assignment






16. Chain of title






17. Subrogation of rights






18. Leasehold estate






19. Condominium






20. Grantor






21. Special agent






22. Client






23. vendor's affidavit






24. Contract






25. Vartial release clause






26. Acceptance






27. General agent






28. Complete performance






29. Constructive notice






30. Contract buyer's policy


31. Merger






32. Condition






33. Timesharing






34. Option






35. Mortgagee






36. Rural Housing Service (RHS) Direct Loan Program






37. Competence






38. Covenant of quiet enjoyment


39. Right of survivorship


40. Blanket mortgage






41. Steering






42. Habendum clause






43. Accord and satisfaction






44. Supply and demand






45. Michigan Civil Rights Commission






46. Estoppel






47. Compensatory damages






48. Homogeneity






49. Investment






50. Balloon mortgage