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

    A landlord must follow the legal requirements for an eviction ?

    a. from leased premises.
    b. but can shorten the notice required if the tenant agrees.
    c. unless the tenant can be physically removed.
    d. unless the housing is government subsidized.

    As a contract, a real estate agency agreement ?

    a. can have any objective.
    b. needs only to be made by parties with the capacity to contract.
    c. does not need to be supported by consideration.
    d. must meet the requirements for a valid contract.

    A landlord has a right of entry ?

    a. in an emergency.
    b. only to show the premises to prospective tenants.
    c. only when the tenant agrees.
    d. any time.

Real Estate Practice

    An agent who did not obtain a purchase offer but who initiated an uninterrupted chain of events that led to a sale would be considered the ?

    a. agent of record.
    b. procuring cause
    c. exclusive agent.
    d. cooperating broker.

    The Equator platform is a system for ?

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

    The homeowner's property tax exemption is ?

    a. $50,000 for a single person.
    b. $4,000 from assessed valuation.
    c. $7,000 from assessed valuation.
    d. the first $100,000 of assessed valuation.

Legal Aspects Of Real Estate

    Under a residential rental, the tenant must do all EXCEPT ?

    a. use the premises for a lawful purpose.
    b. keep the plumbing in proper working order.
    c. pay rent as agreed.
    d. keep the portion of the premises under the tenant's control clean and sanitary.

    Which deeds would fail to transfer title? ?

    a. A deed to John Jones using his stage name "Mr. Marvelous"
    b. A deed made to Henry Schmidt and wife.
    c. A deed made to Henry or Henrietta Schmidt.
    d. A deed to Tom Brown, an emancipated minor.

    Which is TRUE of restrictive covenants? ?

    a. They run with the land,
    b. If not recorded, they are not binding on a subsequent purchaser without notice.
    c. They are usually negative covenants.
    d. All of these are true.

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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.