ADHI SCHOOLS
REAL ESTATE PRACTICE TEST

Sharpen Your Real Estate Mind!

Think you've got a grasp of real estate? Test your knowledge of key real estate principles with our short 9-question quiz. See how well you understand the fundamentals!

Real Estate Principles

    A landlord has a right of entry ?

    a. in an emergency.
    b. only to show the premises to prospective tenants.
    c. only when the tenant agrees.
    d. any time.

    A benefit assessment also may be called ?

    a. a tax credit.
    b. a special assessment.
    c. a community assessment.
    d. a documentary transfer tax.

    Four discount points will increase a lender's effective yield by approximately ?

    a. 1/4%
    b. 1/8%
    c. 1/2%
    d. 4%%

Real Estate Practice

    Ethics\\\\ relationship to law is that ?

    a. if an act is illegal it is also unethical.
    b. ethics tends to precede the law.
    c. ethics and the law both set minimum standards for behavior.
    d. what is ethical is legal.

    Which listing would you be LEAST likely to advertise? ?

    a. Nonresidential property
    b. An open listing
    c. An exclusive-agency listing
    d. An exclusive-right-to-sell listing

    An escrow company is prohibited from ?

    a. paying referral fees to anyone other than an employee of the escrow company.
    b. bonding employees.
    c. both of these.
    d. neither of these.

Legal Aspects Of Real Estate

    Zoning that prohibits adult entertainment within an area is ?

    a. inclusionary zoning.
    b. exclusionary zoning.
    c. illegal.
    d. downzoning.

    Which is TRUE regarding title insurance? ?

    a. Executors and heirs are protected by the title insurance of the deceased insured.
    b. A buyer obtains greater title protection if the lender is issued an extended-coverage policy.
    c. Both of these are true.
    d. Neither of these is true.

    When both buyer and seller make demands on escrow for the buyer's deposit after the escrow failed to close, the escrow holder should ?

    a. deduct its fees and return the deposit to the person who made it.
    b. deduct its fees and return the deposit to the seller.
    c. file an interpleader action.
    d. give the deposit to the first party making a claim to it.

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"Hey guys,

I took the exam today and passed!!!!
It only took me one try which was one of my goals. I took the online
classes and follow your suggestions so I took the crash course,
used the crash course app a lot, took 7 mock tests and went
confident to present the exam. Thank you for the great job you are
doing, you guys are awesome!!!! May God continue to bless you!"

Willie V.