Aceable Agent_ Real Estate Principles ACTUAL EXAM LATEST UPDATE THIS YEAR QUESTIONS AN DETAILED ANSWERS_compressed

Aceable Agent: Real Estate Principles


Exam Coverage


The exam coverage includes the fundamental concepts of real estate
law and practice assessed in Aceable Agent: Real Estate Principles, a
licensing preparation course offered by Aceable, Inc.. It focuses on
property ownership, land use controls, legal descriptions, contracts,
agency relationships, and real estate financing. The exam also
evaluates understanding of property valuation, transfer of title, real
estate math, leasing, and ethical responsibilities in real estate
transactions. Emphasis is placed on legal compliance, professional
standards, and applying real estate principles to property sales and
brokerage activities. 🏡📘

,The Real Estate Commissioner reports to
a. the California Bureau of Real Estate.
b. the governor.
c. the Department of Housing and Urban Development.
d. the legislature.


B. the governor

,A salesperson owns 25% of the outstanding shares of Rollo Reality Inc
and the broker owns the remaining shares. The division of ownership is
a. acceptable.
b. mandated.
c. discouraged.
d. prohibited.


A. Acceptable

, The Real Estate Law is found in
A. The Licensing Code
B. The Business and Professions Code
C. The Health and Safety Code
D. The Corporations Code


B. Business and Professions Code