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

    The property tax year runs from ?

    a. January 1 through December 31.
    b. April 10 through December 10.
    c. July 1 through June 30.
    d. December 10 through December 9.

    A California veteran might have a home loan insured by ?

    a. FHA.
    b. VA.
    c. CalVet.
    d. Fannie Mae.

    A holder in due course must take a negotiable instrument ?

    a. within 90 days of its execution.
    b. with knowledge of all defenses against it.
    c. without notice of any defense against its enforcement.
    d. for cash.

Real Estate Practice

    The Equator platform is a system for ?

    a. locating property.
    b. loan approval.
    c. short-sale approval.
    d. a title search.

    The CAN-SPAM Act puts controls on unsolicited ?

    a. fax messages.
    b. misleading emails.
    c. residential phone calls.
    d. real estate assistants.

    The BEST way to learn is to ?

    a. listen to what others say.
    b. read instructional material.
    c. watch what others are doing.
    d. use the ideas you observe or read about.

Legal Aspects Of Real Estate

    Which correctly matches the boundary with its boundary line? ?

    a. Road/center of the road
    b. Nonnavigable river/center of the river
    c. Navigable river/average low-water mark
    d. All of these are correctly matched

    Deed restrictions are created by ?

    a. the local building commission.
    b. the planning commission.
    c. action of law.
    d. the grantors.

    The Truth in Lending Act (Regulation Z) requires that the lender provide the borrower with ?

    a. the annual percentage rate.
    b. the finance charges.
    c. the taxes.
    d. both a and b.