ADHI SCHOOLS
REAL ESTATE PRACTICE TEST

Take this free practice test to get an idea of what is on the California Real Estate Salesperson exam administered by the California Department of Real Estate (DRE). The actual exam has 150 questions and 3 hours is given to complete it. For 150 questions to simulate the actual exam, use our California Real Estate Practice Exam.Take this free practice test to get an idea of what is on the California Real Estate Salesperson exam administered by the California Department of Real Estate (DRE). The actual exam has 150 questions and 3 hours is given to complete it. For 150 questions to simulate the actual exam, use our Adhi Schools Real Estate Practice Exam.

Real Estate Principles

    RESPA covers ?

    a. the listing agreement.
    b. the broker\\\\\\\'s commission.
    c. the Closing Disclosure form.
    d. the loan application form.

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

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

    Real property is NOT ?

    a. land.
    b. real estate.
    c. appurtenances to land.
    d. movable.

Real Estate Practice

    The real estate marketplace could BEST be described as being ?

    a. homogeneous.
    b. stratified.
    c. perfect.
    d. uninfluenced by emotion.

    Three brokers agreed that they would not let a third broker show any of their listings. This action would be regarded as ?

    a. a group boycott.
    b. price-fixing.
    c. market allocations.
    d. a tie-in agreement.

    Disadvantages of home ownership include ?

    a. increase in expenses.
    b. risk.
    c. lack of liquidity.
    d. all of these.

Legal Aspects Of Real Estate

    Seller financing disclosure requires that the broker disclose ?

    a. whether the purchaser will receive cash from the transaction.
    b. the date and amount of any balloon payment.
    c. both of these.
    d. neither of these.

    For loans on one to four residential units not made or arranged by a real estate broker, prepayment charges can ?

    a. be charged only for five years.
    b. not be charged on payments up to 20% of the original loan in one year.
    c. not exceed six months\\\\\\\' interest.
    d. be all these.

    After a landlord has served an unlawful detainer action, the tenant ?

    a. is given 3 days to quit or pay rent.
    b. has 5 days to answer the charges.
    c. must vacate within 5 days.
    d. must vacate within 30 days.