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 MOST commonly used form of real estate listing agreement is ?

    a. the open listing.
    b. the exclusive agency listing.
    c. the exclusive authorization and right-to-sell listing.
    d. the net listing.

    If a real estate license is NOT renewed before it expires, the licensee ?

    a. is allowed to complete transactions in progress.
    b. is allowed to finish transactions that are substantially complete.
    c. must cease all real estate activities.
    d. may act under authority of another agent\\\\\\\'s license for a period not to exceed 60 days.

    When flood conditions cause land to be washed away, this is known as ?

    a. accretion.
    b. alluvion.
    c. avulsion.
    d. accession.

Real Estate Practice

    Disadvantages of home ownership include ?

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

    A lease under which the tenant is to pay $500 per month for three years is a ?

    a. gross lease.
    b. net lease.
    c. percentage lease.
    d. month-to-month lease.

    Owners must be made to realize that ?

    a. the higher they price their home over fair market value, the longer it will take to sell.
    b. the higher they price their home over fair market value, the lower the likelihood of a sale during the listing period.
    c. both of these are true.
    d. both of these are false.

Legal Aspects Of Real Estate

    A financing instrument whereby the seller retains the legal title is a ?

    a. trust deed.
    b. mortgage.
    c. real property sales contract.
    d. subordination agreement.

    Which of the following is an example of steering? ?

    a. Directing whites away from mixed-race areas
    b. Advertising properties in black areas only in newspapers aimed at black readers
    c. Both of these
    d. Neither of these

    Commission disputes between a broker and salespeople would likely be referred to the ?

    a. state labor commissioner.
    b. Court of Appeal.
    c. agency review board.
    d. real estate commissioner.

Unlock your potential in the exciting world of real estate!

I want more info!

" Hello, my is and I'd like to get more information on real estate classes.

Please send me information to

Enter your to verify you are a real person. "

Disclaimer : By clicking “Agree” below I am providing my electronic signature and express written consent and agreement to permit ADHI Schools to call and text me at the number provided for marketing purposes using an autodialer and/or an artificial or prerecorded voice. Message and data rates may apply. I acknowledge my consent is not required to obtain any good or service. I can opt out here or by replying STOP to any text message at any time. Message frequency may vary. My phone number at which I agree to be contacted is

Interested in a free day trial of our industry-leading online program?
Start your free trial.

"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.