CA REAL ESTATE PRINCIPLES Test
ACEABLE AGENT 2025; New Actual
Exam With Correct Answers.
In what code is the Real Estate Law found? - Correct-answerBusiness
and Professions Code
Who does the Real Estate Commissioner Report to? - Correct-
answerThe governor
A salesperson owns 25% of the outstanding shares of Rollo Reality Inc
and the broker owns the remaining shares. Is the division ownership
acceptable or unacceptable? - Correct-answerAcceptable
A salesperson is part owner of Rollo Realty Inc. In the broker's absence,
the salesperson frequently reviews the work of sales associates. This is:
- Correct-answerProhibited
1|Page
, A broker has an exclusive listing agreement with a property owner. The
listing will terminate "when the parties agree" this practice is: - Correct-
answerProhibited
When a broker exercised his option to buy Whiteacre, he presented to
the owner of Whitacre a written statement of his expected profit in the
transaction. The seller agreed in writing to proceed with the sale. This
conduct is - Correct-answerMandated
The broker-office of XYZ Realty, Inc, does not like overly aggressive
sales tactics of XYZ's sales people but has not reprimanded them
because business is so good. The broker's conduct is - Correct-
answerDiscouraged
A broker wants to help out his neighbors son who recently acquired a
BA in history. The broker hires the graduate to show property to
prospective buyers. Because the new employee has no real estate
license, the broker handles all of the negotiating. This practice is -
Correct-answerProhibited
2|Page
ACEABLE AGENT 2025; New Actual
Exam With Correct Answers.
In what code is the Real Estate Law found? - Correct-answerBusiness
and Professions Code
Who does the Real Estate Commissioner Report to? - Correct-
answerThe governor
A salesperson owns 25% of the outstanding shares of Rollo Reality Inc
and the broker owns the remaining shares. Is the division ownership
acceptable or unacceptable? - Correct-answerAcceptable
A salesperson is part owner of Rollo Realty Inc. In the broker's absence,
the salesperson frequently reviews the work of sales associates. This is:
- Correct-answerProhibited
1|Page
, A broker has an exclusive listing agreement with a property owner. The
listing will terminate "when the parties agree" this practice is: - Correct-
answerProhibited
When a broker exercised his option to buy Whiteacre, he presented to
the owner of Whitacre a written statement of his expected profit in the
transaction. The seller agreed in writing to proceed with the sale. This
conduct is - Correct-answerMandated
The broker-office of XYZ Realty, Inc, does not like overly aggressive
sales tactics of XYZ's sales people but has not reprimanded them
because business is so good. The broker's conduct is - Correct-
answerDiscouraged
A broker wants to help out his neighbors son who recently acquired a
BA in history. The broker hires the graduate to show property to
prospective buyers. Because the new employee has no real estate
license, the broker handles all of the negotiating. This practice is -
Correct-answerProhibited
2|Page
