Free Real Estate Practice Exam | ADHI Schools

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

    Section 22 lies in what direction from Section 17 of a township? ?

    a. Northeast
    b. Northwest
    c. Southeast
    d. Southwest

    David Yoo bought Whiteacre and is making the former owner's original loan payments. If David defaults, the seller will be obligated on the loan. Which statement is TRUE? ?

    a. David bought the loan.
    b. David bought the property subject to the loan.
    c. David is subject to a due-on-sale clause.
    d. David does not have title to Whiteacre.

    The sale or transfer of goods ordinarily held for sale in the course of business is governed in California by ?

    a. the Business Opportunity Code.
    b. the Commercial Transfer Law.
    c. the Uniform Commercial Code.
    d. the Real Estate Law.

Real Estate Practice

    Real estate professionals should ?

    a. limit showing to their own listings.
    b. show overpriced property first to make the one house seem a bargain.
    c. avoid driving through nearby minority areas.
    d. do none of these.

    The principal reason owners try to sell their homes without an agent is ?

    a. to have a quick sale.
    b. to save the commission.
    c. to be able to pick the buyer.
    d. none of these.

    The reason that an expired listing was not extended with the original listing office MOST likely is dissatifaction with ?

    a. the commission percentage.
    b. communications.
    c. price.
    d. the length of listing.

Legal Aspects Of Real Estate

    A broker takes listings in an area where property values are going down because the neighborhood is changing, and there is a mass exodus of whites. Which of the following actions by the broker would be a violation of fair housing laws? ?

    a. Advertising "Sell your property fast before you lose equity"
    b. Offering whites a lower commission rate to sell their property
    c. Both of these
    d. Neither of these

    Seven parcels of land were subject to a restrictive covenant limiting use for residential purposes. A woman acquired all seven parcels and intends to build a commercial property in conformance with zoning. Which of the following describes her rights? ?

    a. She will not be issued a building permit because the use would violate the restrictions.
    b. The restrictive covenant is terminated by merger.
    c. Any former owner can obtain an injunction to stop the project.
    d. Anyone can enforce the restrictions.

    A search of the county records would always show a valid recorded ?

    a. judgment lien.
    b. mechanics' lien.
    c. homestead.
    d. all 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.