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. Void contract






2. Assignee






3. Location






4. Condition precedent






5. Guaranteed Loan Program






6. Poluntary alienation






7. Title insurance






8. Estate at will






9. Jones v. Mayer






10. Covenant of warranty






11. Straw Dog






12. Michigan usury laws






13. Good consideration






14. Bundle of rights






15. Uniform Vendor and Purchaser's Risk Act

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16. Devise






17. Broker






18. Cortesy

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19. Mutual mistake






20. Fair Housing Amendments Act of 1988






21. Valuable consideration






22. FHA-insured loans






23. Tester






24. Civil Rights Act of 1968






25. Board of Real Estate Brokers and Salespersons






26. Listing contract






27. Conforming loans






28. Employ






29. Sherriff's deed






30. Seller agency

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31. Timesharing






32. Legality of object






33. Mortgagee






34. Americans with Disabilities Act (ADA)






35. Executor /executrix






36. Unities of ownership






37. Misrepresentation






38. Subagent






39. Co-ownership






40. Delivery and acceptance






41. Vendor






42. Elliott-Larsen Civil Rights Act






43. Separate property






44. Annual percentage rate (APR)






45. Condition subsequent






46. Unilateral contract






47. Covenant for further assurances






48. underwriting

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49. Foreclosure






50. Listing contract