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

    Joint tenants have unity of ?

    a. interest but not possession.
    b. title but not interest.
    c. possession and title only.
    d. time, title, interest, and possession.

    If closing is on May 19, what amount will be charged to the buyers on a total property tax of $4,320 paid by the sellers for the current tax year? Remember to use the standard number of days in the month. ?

    a. $492
    b. $504
    c. $1584
    d. $1728

    CalVet loans are NOT available for ?

    a. single-family homes.
    b. manufactured homes.
    c. working farms.
    d. commercial property.

Real Estate Practice

    A loan covering more than one property would be a ?

    a. compound loan.
    b. blanket encumbrance.
    c. subordinated loan.
    d. reverse mortgage.

    If another agent is showing a home when you arrive for a showing, what should you do? ?

    a. Bring your prospects in and let them know they are competing with other buyers for the house.
    b. Cross the house off your showing list until uou are sure it has not been sold.
    c. Wait inconspicuously until the other agent completes his or her showing and leaves.
    d. Tell your clients that you are certain that the other prospects are buyers so they had better act fast.

    An agent who did not obtain a purchase offer but who initiated an uninterrupted chain of events that led to a sale would be considered the ?

    a. agent of record.
    b. procuring cause
    c. exclusive agent.
    d. cooperating broker.

Legal Aspects Of Real Estate

    An example of fraud would be ?

    a. a promise made by one who did not intend to keep it.
    b. a false statement of fact by one who does not know if it is fact or not.
    c. the act of hiding a defect so another party will not know of it.
    d. all of these.

    Which would NOT terminate an easement created by grant? ?

    a. The destruction of the servient tenement.
    b. A merger
    c. nonuse.
    d. A quitclaim deed to the encumbered property from the dominant tenement to the servient tenement

    Which is an example of a partition action? ?

    a. Dividing an apartment building into condominiums.
    b. Any land subdivision
    c. A court proceeding to divide jointly owned property.
    d. Breaking large apartments into smaller units.

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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.