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

    Gift tax is payable when the total value of gifts to an individual in one year is more than ?

    a. $8000.00
    b. $14000.00
    c. $15000.00
    d. $28000.00

    Planning for future development does NOT include consideration of ?

    a. solid waste management.
    b. conservation of natural resources.
    c. safety.
    d. Contractors\' License Law.

    The owner of a one-person show repair shop is ?

    a. a sole proprietor.
    b. a partner.
    c. an executor.
    d. an administrator.

Real Estate Practice

    A broker open house is of greatest value when the property ?

    a. is in a large market with hundreds of listings.
    b. is overpriced.
    c. has a very limited use.
    d. has been reduced in price.

    Property managers can be protected against receiving no fees when managing a vacant property they are unable to rent by a ?

    a. holdover clause.
    b. recapture clause.
    c. minimum fee.
    d. separate leasing fee.

    A landlord can properly refuse to accept an applicant because the applicant ?

    a. has a guide dog and the apartment is on the fourth floor.
    b. is a single but obviously pregnant woman.
    c. appears to be gay and the landlord is afraid of catching AIDS.
    d. None of these.

Legal Aspects Of Real Estate

    The landlord was notified by the residential tenant that the water heater was inoperative and the roof had a bad leak. After reasonable notice, the tenant could ?

    a. treat the landlord\\\\\\\'s failure to act as constructive eviction.
    b. spend up to one month\\\\\\\'s rent and make the repairs.
    c. do either of these.
    d. do neither of these.

    A commission is ordinarily earned by a broker when ?

    a. escrow closes.
    b. the broker procures a ready, willing, and able buyer.
    c. escrow opens.
    d. the purchaser deposits the full purchase money or liens in escrow.

    A woman died interstate, leaving one living son and two grandchildren (by a deceased daughter) as her only living relatives. The disposition of her property would be ?

    a. one-half to her son and one-quarter to each of the grandchildren.
    b. one-third to her son and one-third to each grandchild.
    c. to the state by escheat.
    d. none of these.

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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.