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

    To create an escrow, there must be ?

    a. a binding contract.
    b. unconditional delivery.
    c. real property.
    d. all of these.

    Lonnie and Karen have a contract to buy the Santos house. Following a four-day rainstorm, the Santos house was pushed off its foundation by a mudslide and is now resting about halfway over a ravine. The contract probably is ?

    a. discharged because performance is impractical.
    b. still in effect.
    c. discharged because performance is impossible.
    d. renegotiable at the direction of the seller.

    The right to use adjacent land to go to and from a roadway is ?

    a. an encroachment.
    b. an easement.
    c. a restriction.
    d. a condition.

Real Estate Practice

    Which statement is an example of a specific goal? ?

    a. I will work harder next week.
    b. I will improve my listing presentation.
    c. I will make 10 calls tomorrow on for-sale-by-owner ads and schedule three property showings by Sunday.
    d. I will learn by observing successful agents.

    You should realize that for data used on a CMA, ?

    a. the older the data, the less reliable they are.
    b. sales prices that seem unusually high or low are often the result of market imperfections.
    c. both of these are true.
    d. both of these are false.

    Proper daily planning means that you should endeavor to ?

    a. reduce "D" Time activities
    b. increase "A" Time activities.
    c. place more emphasis on probabilities than on possibilities.
    d. accomplish all of these.

Legal Aspects Of Real Estate

    Duties of an escrow do NOT include ?

    a. ordering preliminary title reports.
    b. mediating buyer-seller disputes.
    c. drafting deeds.
    d. issuing closing statements.

    The commissioner's regulations are ?

    a. considered to have the force and effect of law.
    b. known as the real estate law.
    c. included in the Business and Professions Code.
    d. none of these.

    A broker told prospective purchasers, "You will love living in this neighborhood." After experiencing problems with their new neighbors, they sued the broker for this false statement. A court would likely determine the statement was ?

    a. criminal fraud.
    b. misrepresentation.
    c. puffing.
    d. none 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.