Free Kansas Property Practice Test — LicenseIQ

Question 1

A property owner who wants to deviate from a zoning requirement (e.g., a setback) would seek a:

Accepted Answer

A variance grants relief from a specific zoning requirement; a setback deviation is an area variance. A building permit only authorizes construction that complies with the rules.

Question 2

A property manager authorized to collect rents, sign leases, hire contractors and run the owner's buildings on an ongoing basis is typically a:

Accepted Answer

A general agent handles a range of matters in a continuing relationship (typical of property management). A listing agent is a special (limited) agent for one transaction.

Question 3

Which person may arrange a sale of Kansas real estate for another without a license?

Accepted Answer

58-3037(b) exempts people transferring under a power of attorney who receive no compensation. Once the attorney-in-fact is paid, the exemption is lost.

Question 4

Does a Kansas seller's agent have a duty to independently inspect the property for the benefit of the buyer-customer?

Accepted Answer

58-30,106(d)(2) says the agent owes no duty to conduct an independent inspection or verify statements of the client or a qualified third party. The duty is to disclose what is actually known.

Question 5

In a deed, the party conveying title is the ____ and the party receiving title is the ____.

Accepted Answer

The seller (grantor) conveys to the buyer (grantee). A deed is the document; title is the ownership rights it transfers.

Question 6

A neighbor's new garage extends two feet over the property line. This is an:

Accepted Answer

An encroachment is an improvement that intrudes onto another's land; a survey establishes the boundary.

Question 7

The Real Estate Recovery Revolving Fund will pay no more than what total amount for claims arising out of a single transaction?

Accepted Answer

58-3067(b) caps the aggregate for one transaction at $15,000. $30,000 is the per-licensee calendar-year cap and $50,000 the per-licensee aggregate.

Question 8

The periodic report a property manager gives the owner showing rents and other income collected and expenses paid for the period is the:

Accepted Answer

The income statement (P&L) summarizes income and expenses for the accounting period, typically monthly.

Question 9

A property manager receives a tenant's security deposit and advance rent. These funds must be deposited in the:

Accepted Answer

Money belonging to others goes into a trust account; depositing it in an operating account is commingling.

Question 10

A licensee may manage property for an owner for a fee only if there is:

Accepted Answer

Property management agreements must be written and signed; they make the manager a general agent and define duties, authority and fees.

Question 11

How long is a regular term for a Kansas Real Estate Commission member?

Accepted Answer

Members serve four-year terms and until a successor qualifies. Five years is tempting because it is the residency and broker-experience requirement, not the term.

Question 12

A property has a first mortgage (recorded 2015), a judgment lien (2018), a mechanic's lien (2020) and unpaid property taxes. Which is paid FIRST from sale proceeds?

Accepted Answer

Real property tax liens take priority over all others regardless of recording date; other liens generally follow in order of recording.

Question 13

A buyer purchases a $300,000 home with an 80% loan, pays 1 point on the loan, a $450 appraisal and $1,800 in title charges, and has already deposited $10,000 earnest money. How much must the buyer bring to closing?

Accepted Answer

Down payment = $60,000; 1 point = $240,000 x 0.01 = $2,400; total = $60,000 + $2,400 + $450 + $1,800 = $64,650; minus $10,000 earnest money = $54,650.

Question 14

In real estate, the accessibility requirements of the Americans with Disabilities Act apply mainly to:

Accepted Answer

The ADA's accessibility rules primarily cover public accommodations and commercial facilities; housing accessibility is governed mainly by the Fair Housing Act.

Question 15

When an owner dies with no will and no heirs, the property passes to the state through:

Accepted Answer

Escheat transfers ownerless property to the state when there is no will and no heirs.

Question 16

How long must a Kansas broker keep records relating to the real estate business?

Accepted Answer

K.A.R. 86-3-10 requires records to be kept in the broker's files for three years. Five years is tied to unclaimed trust money that may be sent to the recovery fund.

Question 17

Which action may a life tenant take WITHOUT the remainderman's consent?

Accepted Answer

A life tenant may occupy or lease the property for the duration of the life estate but cannot sell, mortgage or commit waste that harms the remainderman's future interest.

Question 18

A title search shows owner A conveyed to B, but the next record shows C as owner with no deed from B. This is an example of:

Accepted Answer

Gaps in the chain or unreleased liens are clouds that must be cleared (e.g., by quitclaim deed or quiet title action) before title is marketable.

Question 19

In general, a 'stigmatized' property refers to one:

Accepted Answer

Stigmatized properties are affected by events (crime, death) rather than physical condition; disclosure rules vary by state. (Well-established principle; not detailed in the course.)

Question 20

Under the Code of Ethics, a REALTOR who wants to buy a property listed with his own firm must:

Accepted Answer

REALTORS must disclose in writing their licensed status and any interest when buying or selling property for themselves or family.

Question 21

A salesperson advertises her own home for sale by owner, not listed with any broker. The ad must:

Accepted Answer

58-3086(c) and (e) drop the broker-name requirement for unlisted licensee-owned property but require disclosure that a licensee owns or has an interest in it. Students often assume the broker's name is still required.

Question 22

To qualify for a Kansas broker license, an applicant must have been licensed and actively engaged in real estate for at least:

Accepted Answer

58-3039(d) requires at least two years of active engagement within the three years before application. The other options rearrange the numbers.

Question 23

The 'Real Estate Brokerage Relationships' brochure must be given to prospective buyers and sellers:

Accepted Answer

58-30,110 requires the brochure at the first practical opportunity, and receipt is acknowledged in the sales contract. 'When an offer is written' is too late.

Question 24

The K.S.A. 58-3077 commercial commission-sharing rule for foreign licensees does NOT apply to property that is:

Accepted Answer

58-3077 covers commercial real estate not improved with a single-family residence. An out-of-state agent on a single-family deal needs a Kansas license.

Question 25

Which statement about the makeup of the Kansas Real Estate Commission is correct?

Accepted Answer

74-4201 requires at least three members with five years as brokers and at least one member who has never been a broker. Members are appointed by the governor, not elected; one comes from each congressional district, which is why the election distractor tempts.

Kansas real estate property practice test

1. A property owner who wants to deviate from a zoning requirement (e.g., a setback) would seek a:

2. A property manager authorized to collect rents, sign leases, hire contractors and run the owner's buildings on an ongoing basis is typically a:

3. Which person may arrange a sale of Kansas real estate for another without a license?

4. Does a Kansas seller's agent have a duty to independently inspect the property for the benefit of the buyer-customer?

5. In a deed, the party conveying title is the and the party receiving title is the .

6. A neighbor's new garage extends two feet over the property line. This is an:

7. The Real Estate Recovery Revolving Fund will pay no more than what total amount for claims arising out of a single transaction?

8. The periodic report a property manager gives the owner showing rents and other income collected and expenses paid for the period is the:

9. A property manager receives a tenant's security deposit and advance rent. These funds must be deposited in the:

10. A licensee may manage property for an owner for a fee only if there is:

11. How long is a regular term for a Kansas Real Estate Commission member?

12. A property has a first mortgage (recorded 2015), a judgment lien (2018), a mechanic's lien (2020) and unpaid property taxes. Which is paid FIRST from sale proceeds?

13. A buyer purchases a $300,000 home with an 80% loan, pays 1 point on the loan, a $450 appraisal and $1,800 in title charges, and has already deposited $10,000 earnest money. How much must the buyer bring to closing?

14. In real estate, the accessibility requirements of the Americans with Disabilities Act apply mainly to:

15. When an owner dies with no will and no heirs, the property passes to the state through:

16. How long must a Kansas broker keep records relating to the real estate business?

17. Which action may a life tenant take WITHOUT the remainderman's consent?

18. A title search shows owner A conveyed to B, but the next record shows C as owner with no deed from B. This is an example of:

19. In general, a 'stigmatized' property refers to one:

20. Under the Code of Ethics, a REALTOR who wants to buy a property listed with his own firm must:

21. A salesperson advertises her own home for sale by owner, not listed with any broker. The ad must:

22. To qualify for a Kansas broker license, an applicant must have been licensed and actively engaged in real estate for at least:

23. The 'Real Estate Brokerage Relationships' brochure must be given to prospective buyers and sellers:

24. The K.S.A. 58-3077 commercial commission-sharing rule for foreign licensees does NOT apply to property that is:

25. Which statement about the makeup of the Kansas Real Estate Commission is correct?

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