CA Real Estate State Exam Crash Course/ 682
Quizzes with Ans & Rationales.
When a real estate agent signs a residential listing agreement with the owner of a home, a
fiduciary relationship is created between the broker and the:
A - seller
B - buyer
C - general public
D - both buyer and seller - Answer: A - seller
When real property is sold, who receives a copy of the termite report from the seller?
A - the buyer
B - the tax assessor's office
C - the title company
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,D - the home inspector - Answer: A - the buyer
Answer Feedback: Per California law, if the buyer asks for a copy of the termite report they are
able to receive it from the seller.
How are members of the National Association of Real Estate Brokers referred to?
A - Realtists
B - Realtors
C - Realty Associates
D - Realty Brokers - Answer: A - Realtists
Answer Feedback: Members of the National Association of Realtors are referred to as Realtors,
while members of the National Association of Real Estate Brokers are referred to as Realtists.
When is it appropriate for a real estate agent to complete the Real Property Transfer Disclosure
Statement on behalf of their principal?
A - Never! Under no circumstance can a real estate agent complete this for their principal
B - Anytime, it's a part of their responsibility
C - When instructed to do so by the principal
D - When the buyer allows it and puts it in writing - Answer: A - Never! Under no circumstance
can a real estate agent complete this for their principal
Answer Feedback: Civil codes prohibit a real estate agent from completing this for the seller.
Listing a home at a higher price and having minorities pay the inflated price while accepting a
lower price from others is:
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,A - not acceptable and the real estate agent could be on the hook for money damages for
violating the Fair Housing rules
B - reasonable
C - not a violation because people have choice to accept what they pay
D - unethical, however no rules have been broken - Answer: A - not acceptable and the real
estate agent could be on the hook for money damages for violating the Fair Housing rules
Answer Feedback: It is discriminatory to have minorities pay more for something than others.
This is a violation of state and federal laws and the real estate agent could be responsible for
money damages.
If a qualified license applicant appears on a delinquent child support payment list, what would
occur with the licensee's status as an agent?
A - A temporary 150 day real estate license may be issued
B - The application will be denied until the arrears is paid in full
C - The agent can request a court appeal against the BRE
D - None of these - Answer: A - A temporary 150 day real estate license may be issued
Before applying for a real estate license, an applicant must pass Real Estate Principles, Real
Estate Practice, and which other real estate course/s?
A - Any one additional qualified elective course
B - Finance
C - Escrow Studies
D - Both Finance and Escrow Studies - Answer: A - Any one additional qualified elective course
Answer Feedback: It is mandatory by the BRE for an applicant to have completed Practice,
Principles, and one qualified elective course.
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, The Agency Relationship Disclosure Act is found in Civil Code section 2079 and went into effect
in:
A - 1988
B - 1986
C - 1990
D - 1978 - Answer: A - 1988
A real estate licensee has instructions from their principal to (1) collect a larger deposit from
single women than from single men (2) encourage referrals from tenants (who are mostly
white) to refer tenants from their circle of friends. Which of these is a violation of the Federal
Fair Housing Act?
A-1
B-2
C - none of them
D - both of them - Answer: A - 1
Answer Feedback: It's illegal to collect varying amount of deposits based upon marital status.
The referrals is fine because it does not state the race of the friends.
How many years does an injured party have to file legal action on the Transfer Disclosure
Statement?
A - 2 years
B - 1 year
C - 4 years
D - 5 years - Answer: A - 2 years
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Quizzes with Ans & Rationales.
When a real estate agent signs a residential listing agreement with the owner of a home, a
fiduciary relationship is created between the broker and the:
A - seller
B - buyer
C - general public
D - both buyer and seller - Answer: A - seller
When real property is sold, who receives a copy of the termite report from the seller?
A - the buyer
B - the tax assessor's office
C - the title company
Page 1 of 263
,D - the home inspector - Answer: A - the buyer
Answer Feedback: Per California law, if the buyer asks for a copy of the termite report they are
able to receive it from the seller.
How are members of the National Association of Real Estate Brokers referred to?
A - Realtists
B - Realtors
C - Realty Associates
D - Realty Brokers - Answer: A - Realtists
Answer Feedback: Members of the National Association of Realtors are referred to as Realtors,
while members of the National Association of Real Estate Brokers are referred to as Realtists.
When is it appropriate for a real estate agent to complete the Real Property Transfer Disclosure
Statement on behalf of their principal?
A - Never! Under no circumstance can a real estate agent complete this for their principal
B - Anytime, it's a part of their responsibility
C - When instructed to do so by the principal
D - When the buyer allows it and puts it in writing - Answer: A - Never! Under no circumstance
can a real estate agent complete this for their principal
Answer Feedback: Civil codes prohibit a real estate agent from completing this for the seller.
Listing a home at a higher price and having minorities pay the inflated price while accepting a
lower price from others is:
Page 2 of 263
,A - not acceptable and the real estate agent could be on the hook for money damages for
violating the Fair Housing rules
B - reasonable
C - not a violation because people have choice to accept what they pay
D - unethical, however no rules have been broken - Answer: A - not acceptable and the real
estate agent could be on the hook for money damages for violating the Fair Housing rules
Answer Feedback: It is discriminatory to have minorities pay more for something than others.
This is a violation of state and federal laws and the real estate agent could be responsible for
money damages.
If a qualified license applicant appears on a delinquent child support payment list, what would
occur with the licensee's status as an agent?
A - A temporary 150 day real estate license may be issued
B - The application will be denied until the arrears is paid in full
C - The agent can request a court appeal against the BRE
D - None of these - Answer: A - A temporary 150 day real estate license may be issued
Before applying for a real estate license, an applicant must pass Real Estate Principles, Real
Estate Practice, and which other real estate course/s?
A - Any one additional qualified elective course
B - Finance
C - Escrow Studies
D - Both Finance and Escrow Studies - Answer: A - Any one additional qualified elective course
Answer Feedback: It is mandatory by the BRE for an applicant to have completed Practice,
Principles, and one qualified elective course.
Page 3 of 263
, The Agency Relationship Disclosure Act is found in Civil Code section 2079 and went into effect
in:
A - 1988
B - 1986
C - 1990
D - 1978 - Answer: A - 1988
A real estate licensee has instructions from their principal to (1) collect a larger deposit from
single women than from single men (2) encourage referrals from tenants (who are mostly
white) to refer tenants from their circle of friends. Which of these is a violation of the Federal
Fair Housing Act?
A-1
B-2
C - none of them
D - both of them - Answer: A - 1
Answer Feedback: It's illegal to collect varying amount of deposits based upon marital status.
The referrals is fine because it does not state the race of the friends.
How many years does an injured party have to file legal action on the Transfer Disclosure
Statement?
A - 2 years
B - 1 year
C - 4 years
D - 5 years - Answer: A - 2 years
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