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

    The testator names ?

    a. an executor or executrix.
    b. a testator.
    c. a devisor.
    d. an administrator or administratrix.

    Heat from sunlight reaching water-filled containers is used in ?

    a. active solar-heating systems only.
    b. passive solar-heating systems.
    c. most homes.
    d. air-conditioning systems.

    The time period in which a lawsuit can be brought is set by ?

    a. the equal dignities rule.
    b. the statute of frauds.
    c. the statute of limitations.
    d. the probate court.

Real Estate Practice

    What did Proposition 13 provide for? ?

    a. It set a maximum tax rate.
    b. It set assessments for property acquired before 1978 back to the value on the 1975 tax roll.
    c. The tax can be increased 2% per year.
    d. All of these.

    After two months, you receive an offer on one of your listings. Although for less than the listing amount, the offer is certainly reasonable based on the CMA. You should recommend to the owners that ?

    a. they counteroffer at a price halfway between list price and the offer to split the difference.
    b. the offer be rejected so that the offeror will raise the offer to the list price.
    c. they let the offer period expire without taking any action to make the offeror anxious.
    d. they accept the offer.

    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

    A judgment lien is effective ?

    a. only in the county where rendered.
    b. only in the county where the debtor resides.
    c. in every county where it is recorded.
    d. for 25 years from recordation.

    The power to zone was given to cities and counties by ?

    a. the U.S. Constitution.
    b. the Thirteenth Amendment.
    c. enabling acts.
    d. the U.S. Supreme Court.

    In selling listings of another broker, a real estate salesperson is directly responsible to ?

    a. his broker.
    b. the owner.
    c. the listing broker.
    d. the multiple listing service.

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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.