ACEABLE AGENT: REAL ESTATE PRINCIPLES EXAM
BANK 2025 ACTUAL EXAM QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) ALL ANSWERED {300 Q & A} ALREADY
GRADED A+ / ACEABLE AGENT REAL ESTATE
PRINCIPLES REVIEW | FREQUENTLY TESTED
QUESTIONS | GUARANTEED PASS
What does CalBRE stand for?
California Bureau of Real Estate
A couple desperately wants to move to Pine Bend, and they like
the seller's house, which is listed with a broker. The couple tells
the broker they will "make it worth his while" if he can persuade
the sellers to accept their offer, and they send an expensive food
basket to the broker as a sign of their good faith. The broker
neglects to mention this to the sellers. This practice is
a. acceptable.
b. mandated.
c. discouraged.
d. prohibited.
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D. Prohibited.
A real estate business that is a partnership can have more than
one office location, provided
a. a broker partner obtains an additional license for each
location.
b. all partners are real estate licensees.
c. there is a designated broker-officer.
d. there is at least one partner at each location.
A. A broker partner obtains an additional license for each
location.
A landlord must follow the legal requirements for an eviction
a. from leased premises.
b. but can shorten the notice required if the tenant agrees.
c. unless the tenant can be physically removed.
d. unless the housing is government subsidized.
A. From a leased premises
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On May 15, a business owner notified her landlord that she would
be vacating her retail store location on June 30. The business
owner has a month-to-month periodic tenancy. Until what date
will she incur rent?
a. June 15
b. June 30
c. July 15
d. July 30
B. June 30
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
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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
a. acceptable.
b. mandated.
c. discouraged.
d. prohibited.
D. Prohibited
The sale or transfer of goods ordinarily held for sale in the
course of business is governed in California by
a. the Business Opportunity Code.
b. the Commercial Transfer Law.
c. the Uniform Commercial Code.
d. the Real Estate Law.
C. The Uniform Commercial Code