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 lender that discriminates against a loan applicant because of race has violated ?

    a. the Equal Dignities Rule.
    b. the Truth in Lending Act.
    c. the Equal Credit Opportunity Act.
    d. the Lender\\\\\\\'s Law.

    The first step in bringing about a trustee's sale is to prepare ?

    a. a declaration of default.
    b. a notice of levy.
    c. a request for notice.
    d. a notice of default.

    To create an escrow, there must be ?

    a. a binding contract.
    b. unconditional delivery.
    c. real property.
    d. all of these.

Real Estate Practice

    The AIDA approach does NOT include ?

    a. attention.
    b. demand.
    c. interest.
    d. action.

    The qualifying process includes discovering ?

    a. the buyers\\\\\\\' motivation.
    b. the buyers\\\\\\\' needs and interests.
    c. a down payment they can make and the amount they can finance.
    d. all of these.

    A convertible ARM is a loan that can be changed to ?

    a. a shorter-term loan.
    b. a fixed-rate loan.
    c. another property.
    d. another borrower.

Legal Aspects Of Real Estate

    Which is NOT a requirement of an agency relationship? ?

    a. Compensation to the agent.
    b. Contractual capacity of principal.
    c. Loyalty of agent to principal.
    d. Full disclosure by agent to principal.

    The California court that has original jurisdiction for a claim of $100,000 would be the ?

    a. California Supreme Court.
    b. superior court.
    c. small claims court.
    d. Court of Appeal.

    Which actions of an escrow would be improper? ?

    a. Accepting fees from both buyer and seller
    b. Refusing to pay a commission for referral to the escrow
    c. Refusing to handle an escrow
    d. Accepting escrow instructions with blanks to be filled in by the escrow after the instructions are signed

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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.