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

    Earthquake protection I provided by ?

    a. anchor bolts.
    b. cross-bracing.
    c. plywood sheathing.
    d. all of these.

    Real estate commission rates ?

    a. are established by the California Bureau of Real Estate.
    b. should be no lower than 2%.
    c. should be no higher than 10%.
    d. are not fixed by law.

    Houses adjacent to a new highway will probably suffer from ?

    a. curable external obsolescence.
    b. incurable functional obsolescence.
    c. curable functional obsolescence.
    d. incurable external obsolescence.

Real Estate Practice

    When you ask prospective buyers if they prefer June 1, July 1 or August 1 for possession, what type of closing technique are you using? ?

    a. Inducement
    b. Positive choice
    c. Fear of loss
    d. Narrative close

    A professional salesperson knows that ?

    a. telling is more effective than asking.
    b. appealing to emotions should be avoided.
    c. in dealing with a cautious buyer, you should be assertive and push for a decision.
    d. none of these apply.

    A good salesperson ?

    a. uses technical terms whenever possible to impress buyers.
    b. speaks fast so she can reach the closing.
    c. approaches every customer in the same way.
    d. does none of these.

Legal Aspects Of Real Estate

    An owner is likely to be liable to a recreational user of his property when ?

    a. he fails to post No Trespassing signs.
    b. he fails to warn against a dangerous condition.
    c. the property is urban in nature.
    d. all of these conditions exist.

    Thomas and Andrew own property in joint tenancy. Thomas put a $50,000 mortgage on his interest. A short time later Thomas died. Who owns the property and how? ?

    a. Andrew owns the property clear of the mortgage.
    b. Andrew owns the property with a mortgage against it.
    c. Because the mortgage destroyed the joint tenancy, Andrew and the heirs of Thomas own the property as tenants in common.
    d. Andrew and the mortgagee own the property as tenants in common.

    The MOST likely action for violation of a deed covenant would be ?

    a. action for injunction.
    b. forfeiture.
    c. action for specific performance.
    d. liquidated damages.

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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.