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ADHI SCHOOLS REAL ESTATE PRACTICE TEST

Take this free practice test to get an idea of what is on the California Real Estate Salesperson exam administered by the California Department of Real Estate (CalDRE). The actual exam has 150 questions and 3 hours is given to complete it. For 150 questions to simulate the actual exam, use our California Real Estate Practice Exam.Take this free practice test to get an idea of what is on the California Real Estate Salesperson exam administered by the California Department of Real Estate (CalDRE). The actual exam has 150 questions and 3 hours is given to complete it. For 150 questions to simulate the actual exam, use our Adhi Schools Real Estate Practice Exam.


Real Estate Principles


  1. TRID applies to ?
    a. HELOCs.
    b. construction-only loans.
    c. loans made by a person who makes five or fewer mortgages in a calendar year.
    d. reverse mortgages.
  2. To be a negotiable instrument, a promissory note must be ?
    a. a promise to pay money to the bearer.
    b. an oral agreement.
    c. payable at an indefinite future time.
    d. signed by the bearer.
  3. An out-of-state subdivider of California land ?
    a. must procure a public report.
    b. need not procure a public report.
    c. can decide whether to procure a public report.
    d. needs a public report only to finance a California subdivision.

Real Estate Practice


  1. You may legally pay a referral fee to an unlicensed person who ?
    a. shows listings to prospective buyers.
    b. assists in sale negotiations.
    c. introduces a prospective buyer to the broker.
    d. Neither of these is true.
  2. 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.
  3. Which statement is the BEST approach to take when selling the benefits of listing with a small office? ?
    a. "We try harder because of the competition."
    b. "All we need to find is one buyer, and even we can do that."
    c. "We need the business more than the large firms do."
    d. "We specialize in a small number of select properties."

Legal Aspects Of Real Estate


  1. Which is (are) true regarding income tax? ?
    a. partnerships do not pay income tax.
    b. A disadvantage of corporations is double taxation.
    c. An S corporation does not pay taxes.
    d. All of these are true.
  2. An owner\\\'s property was seized because it was used for drug sales. Which statement is correct? ?
    a. The owner is entitles to the fair market value of the property.
    b. If the owner is not found guilty of a felony, the property must be returned.
    c. Innocence of any knowledge of the use would be a defense against seizure.
    d. None of these statements is correct.
  3. An assignee of a lessee has a relationship to the lessor of ?
    a. sublessee.
    b. tenant.
    c. grantor.
    d. none of these.