age 1 of 22
Real Estate CE 45 Hour Post Licensing TEST STUDY
GUIDE 2025/2026 ACCURATE QUESTIONS AND
VERIFIED CORRECT SOLUTIONS WITH RATIONALES ||
100% GUARANTEED PASS <RECENT VERSION>
A contract that violates a rule intended for the protection of
private parties, as when a party lacked capacity or did not give
free consent at the time the contract was made is said to be:
......ANSWER........relatively null
If a court is called upon to determine the intent of the parties to
a contract based upon the language in the contract, the court
will interpret the contract _____ the party that did not draft it.
......ANSWER........in favor of
Another, more common, name for a mandate or procuration is:
......ANSWER........Power of attorney
,age 2 of 22
Regarding damages as specified in a contract, the right to
specific performance and other remedies may be controlled by
the: ......ANSWER........contract
Is it permissible for a Trustee to buy, sell, or mortgage
immovable property for the trust? ......ANSWER........YES, as long
as the trust document does not prohibit such an act
Fill in the blank with the correct answer to this statement: In a
contract where one party obligates himself to another without
obtaining any advantage in return, the contract is referred to as:
......ANSWER........gratuitous
Redhibition concerns: ......ANSWER........the condition of the
property
, age 3 of 22
A(n) __________ is an agreement in which a party promises not
to sell a thing without first offering it to a certain person.
......ANSWER........Right of first refusal
Unless otherwise stipulated, the time for acceptance of a right of
first refusal is: ......ANSWER........30 days
Parties may stipulate the damages to be recovered in case of
nonperformance, defective performance, or delay in
performance of an obligation. These are called:
......ANSWER........Liquidated damages
Under the concept of "Fitness for Use," anything sold must be fit
for its: ......ANSWER........Ordinary use
A buyer agency agreement is an agreement between:
......ANSWER........a broker and a buyer
Real Estate CE 45 Hour Post Licensing TEST STUDY
GUIDE 2025/2026 ACCURATE QUESTIONS AND
VERIFIED CORRECT SOLUTIONS WITH RATIONALES ||
100% GUARANTEED PASS <RECENT VERSION>
A contract that violates a rule intended for the protection of
private parties, as when a party lacked capacity or did not give
free consent at the time the contract was made is said to be:
......ANSWER........relatively null
If a court is called upon to determine the intent of the parties to
a contract based upon the language in the contract, the court
will interpret the contract _____ the party that did not draft it.
......ANSWER........in favor of
Another, more common, name for a mandate or procuration is:
......ANSWER........Power of attorney
,age 2 of 22
Regarding damages as specified in a contract, the right to
specific performance and other remedies may be controlled by
the: ......ANSWER........contract
Is it permissible for a Trustee to buy, sell, or mortgage
immovable property for the trust? ......ANSWER........YES, as long
as the trust document does not prohibit such an act
Fill in the blank with the correct answer to this statement: In a
contract where one party obligates himself to another without
obtaining any advantage in return, the contract is referred to as:
......ANSWER........gratuitous
Redhibition concerns: ......ANSWER........the condition of the
property
, age 3 of 22
A(n) __________ is an agreement in which a party promises not
to sell a thing without first offering it to a certain person.
......ANSWER........Right of first refusal
Unless otherwise stipulated, the time for acceptance of a right of
first refusal is: ......ANSWER........30 days
Parties may stipulate the damages to be recovered in case of
nonperformance, defective performance, or delay in
performance of an obligation. These are called:
......ANSWER........Liquidated damages
Under the concept of "Fitness for Use," anything sold must be fit
for its: ......ANSWER........Ordinary use
A buyer agency agreement is an agreement between:
......ANSWER........a broker and a buyer
