California Real Estate Exam 2025/2026 | Questions and
100% Verified Correct Answers for Guaranteed pass
(Updated & Graded A+)
A broker took a listing and later discovered that the client
was legally incompetent and had been living in a mental
institution for many years, believing himself to be
President Taft. the listing is now:
a. binding because the broker was acting as the owner's
agent in good faith
b. of no value to the broker because it is now void
c. the basis for the recovery of a commission if the broker
produces a buyer
,d. renegotiable - ANSWER-b. of no value to the broker
because it is now void
After the buyer and seller have signed a sales contract,
the seller changes his mind and defaults. The buyer sues
the seller to force him to go through with the contract. This
is known as a suit for:
a. specific performance
b. damages
c. rescission
d. forfeiture - ANSWER-a. specific performance
An offeree has the right to _____ an offer
,a. reject
b. revoke
c. rescind
d. release - ANSWER-a. reject
Under the statute of frauds, all contracts for the sale of
real esteem must be:
a. originated by a real estate broker
b. on preprinted forms
c. in writing (hard copy or electronic version) to be
enforceable
, d. accompanied by earnest money deposits - ANSWER-c.
in writing (hard copy or electronic version) to be
enforceable
On Tuesday, broker Loren received a $750 earnest money
deposit from Gus. The seller accepted the offer on
Thursday. Where and when must Loren deposit Gus'
money?
a. in Loren's personal checking account by Wednesday
b. in a special trust account no later than midnight on
Thursday
c. in a special non-interest-bearing trust account by Friday
100% Verified Correct Answers for Guaranteed pass
(Updated & Graded A+)
A broker took a listing and later discovered that the client
was legally incompetent and had been living in a mental
institution for many years, believing himself to be
President Taft. the listing is now:
a. binding because the broker was acting as the owner's
agent in good faith
b. of no value to the broker because it is now void
c. the basis for the recovery of a commission if the broker
produces a buyer
,d. renegotiable - ANSWER-b. of no value to the broker
because it is now void
After the buyer and seller have signed a sales contract,
the seller changes his mind and defaults. The buyer sues
the seller to force him to go through with the contract. This
is known as a suit for:
a. specific performance
b. damages
c. rescission
d. forfeiture - ANSWER-a. specific performance
An offeree has the right to _____ an offer
,a. reject
b. revoke
c. rescind
d. release - ANSWER-a. reject
Under the statute of frauds, all contracts for the sale of
real esteem must be:
a. originated by a real estate broker
b. on preprinted forms
c. in writing (hard copy or electronic version) to be
enforceable
, d. accompanied by earnest money deposits - ANSWER-c.
in writing (hard copy or electronic version) to be
enforceable
On Tuesday, broker Loren received a $750 earnest money
deposit from Gus. The seller accepted the offer on
Thursday. Where and when must Loren deposit Gus'
money?
a. in Loren's personal checking account by Wednesday
b. in a special trust account no later than midnight on
Thursday
c. in a special non-interest-bearing trust account by Friday
