Practice Test Geeks(MRP) Military Relocation Professional Practice Test
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Real Estate Law & Regulations Flashcards

7 cards from real MRP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Real Estate Law & Regulations flashcards as text

  1. A service member on active duty defaults on a lease after receiving PCS orders. Under the SCRA, how many days' written notice must they provide the landlord to terminate the lease?

    Answer: 30 days

    The SCRA requires a service member to provide at least 30 days' written notice (along with a copy of PCS orders) to lawfully terminate a lease.

  2. Which legal doctrine holds that a buyer who has notice of an unrecorded encumbrance cannot claim bona fide purchaser protection?

    Answer: Doctrine of constructive notice

    Constructive notice means buyers are presumed to know of publicly recorded documents and visible facts, preventing them from claiming ignorance of encumbrances.

  3. Under the Fair Housing Act, which of the following is NOT a protected class at the federal level?

    Answer: Source of income

    Source of income is not a federally protected class under the FHA, though some states and localities have added it as a protected category.

  4. What is a 'mechanic's lien' and how can it affect a military home buyer?

    Answer: A lien filed by contractors or suppliers for unpaid work on the property

    A mechanic's lien is a claim against property filed by unpaid contractors or suppliers and can cloud title, delaying or preventing a clean purchase closing.

  5. Which federal agency enforces the Real Estate Settlement Procedures Act (RESPA)?

    Answer: Consumer Financial Protection Bureau (CFPB)

    RESPA enforcement authority was transferred from HUD to the CFPB when the bureau was created under the Dodd-Frank Act in 2011.

  6. A couple purchasing a home together wants to ensure that if one spouse dies, the other automatically inherits the full property without going through probate. Which form of ownership should they choose?

    Answer: Either B or C

    Both joint tenancy with right of survivorship and tenancy by the entirety (available to married couples in some states) provide automatic survivorship rights outside of probate.

  7. What is the primary purpose of a title search in a real estate transaction?

    Answer: To uncover liens, encumbrances, and ownership history that could affect title

    A title search examines public records to reveal any claims, liens, judgments, or ownership gaps that could cloud or challenge the buyer's title.