California Real Estate State Exam Crash
Course Questions with correct verified
answers with Rationales Already Graded
A+ latest update 2025
When is a real estate agent obligated by law and the state regulations
to communicate any offers to a principal?
a. in writing or verbal. the licensee must present all offers to their
principal.
b. always
c. only if it's in writing
d. always, unless an offer has been accepted already --- correct
answer ---c. only if it's in writing
* Real estate licensees are obligated by law and state regulations to
communicate all written offers to the principal. Verbal offers are not
offers.
What is the name of a contract between the seller of real property and
a licensed real estate agent, in which the seller agrees to pay a
,commission to the licensee if they produce a "ready, willing and able"
buyer for the real property and the licensee complies and does all the
due diligence procuring a buyer?
a. a unilateral executed contract
b. a unilateral executory contract
c. a bilateral executory contract
d. a bilateral executed contract --- correct answer ---c. a bilateral
executory contract
* Bilateral suggests that both parties have signed and are bound to the
contract. Executory means that the contract has not been executed as
of yet.
A licensee who is working with their client to sell their real property
to a third party is said to be operating under the law of:
a. escrow
b. trustor
c. agency
d. partnership --- correct answer ---c. agency
,A licensee receives an offer for a property they have listed. It's in
writing, however it's below the asking price and they know the seller
will never accept it. Of the following, which would not be acceptable
for the licensee to do?:
a. present the offer and all other offers received
b. advise the principal that they can always write a counter offer and
submit it to the buyers
c. meet with the principal, write up a counter offer, have the seller
sign it, and submit it back to the buyer
d. change the terms to what the licensee thinks the seller would
accept --- correct answer ---d. change the terms to what the licensee
thinks the seller would accept
* You can never change the terms of what the buyer wrote on the
purchase agreement.
When a false transfer disclosure statement is given to a buyer that
omits facts about the property , how long does the buyer have to bring
a lawsuit against the seller and the broker?:
, a. 1 year
b. 1.5 years
c. 2 years
d. 6 months --- correct answer ---c. 2 years
Along with due diligence, care, and skill, a real estate agent must also
fully disclose all material facts of the property to the principal. If
there is any purposeful concealment of material facts by the agent,
this could be regarded as:
a. commingling
b. all of these
c. fraud
d. an arbitration clause --- correct answer ---c. fraud
* Purposeful concealment of material facts is fraud.
The Law of Agency consists of the rights, liabilities, and duties
between:
Course Questions with correct verified
answers with Rationales Already Graded
A+ latest update 2025
When is a real estate agent obligated by law and the state regulations
to communicate any offers to a principal?
a. in writing or verbal. the licensee must present all offers to their
principal.
b. always
c. only if it's in writing
d. always, unless an offer has been accepted already --- correct
answer ---c. only if it's in writing
* Real estate licensees are obligated by law and state regulations to
communicate all written offers to the principal. Verbal offers are not
offers.
What is the name of a contract between the seller of real property and
a licensed real estate agent, in which the seller agrees to pay a
,commission to the licensee if they produce a "ready, willing and able"
buyer for the real property and the licensee complies and does all the
due diligence procuring a buyer?
a. a unilateral executed contract
b. a unilateral executory contract
c. a bilateral executory contract
d. a bilateral executed contract --- correct answer ---c. a bilateral
executory contract
* Bilateral suggests that both parties have signed and are bound to the
contract. Executory means that the contract has not been executed as
of yet.
A licensee who is working with their client to sell their real property
to a third party is said to be operating under the law of:
a. escrow
b. trustor
c. agency
d. partnership --- correct answer ---c. agency
,A licensee receives an offer for a property they have listed. It's in
writing, however it's below the asking price and they know the seller
will never accept it. Of the following, which would not be acceptable
for the licensee to do?:
a. present the offer and all other offers received
b. advise the principal that they can always write a counter offer and
submit it to the buyers
c. meet with the principal, write up a counter offer, have the seller
sign it, and submit it back to the buyer
d. change the terms to what the licensee thinks the seller would
accept --- correct answer ---d. change the terms to what the licensee
thinks the seller would accept
* You can never change the terms of what the buyer wrote on the
purchase agreement.
When a false transfer disclosure statement is given to a buyer that
omits facts about the property , how long does the buyer have to bring
a lawsuit against the seller and the broker?:
, a. 1 year
b. 1.5 years
c. 2 years
d. 6 months --- correct answer ---c. 2 years
Along with due diligence, care, and skill, a real estate agent must also
fully disclose all material facts of the property to the principal. If
there is any purposeful concealment of material facts by the agent,
this could be regarded as:
a. commingling
b. all of these
c. fraud
d. an arbitration clause --- correct answer ---c. fraud
* Purposeful concealment of material facts is fraud.
The Law of Agency consists of the rights, liabilities, and duties
between:
