California Real Estate Broker Examination Newest
2025 – 2026 Questions From Actual Exams
Complete 100 Questions And Correct Detailed
Answers (Verified Answers) |Already Graded
A+||Brand New!!
Content Covered (Most Tested Areas on the Exam)
Real Estate Law and Agency Relationships
Property Ownership and Land Use Controls
Contracts and Real Estate Transfer
Financing and Mortgage Instruments
Property Valuation and Appraisal
Real Estate Practice and Disclosures
Broker Responsibilities and Trust Funds
Escrow and Closing Procedures
Taxation and Investment Analysis
Property Management
1. Which type of ownership allows two or more persons to own property with
equal rights of possession but without the right of survivorship?
A. Joint tenancy
B. Community property
C. Tenancy in common
D. Severalty
Correct Answer: C. Tenancy in common
,Tenancy in common allows two or more owners to possess the same property
simultaneously without survivorship rights. When one owner dies, their interest
passes to heirs rather than the co-owner.
2. A broker who represents both buyer and seller in the same transaction with
full disclosure is acting as:
A. A subagent
B. A dual agent
C. A universal agent
D. A special agent
Correct Answer: B. A dual agent
Dual agency occurs when a broker represents both parties in the same real estate
transaction. California law requires disclosure and written consent from both
parties.
3. Which document transfers ownership of real property and includes implied
warranties of title?
A. Quitclaim deed
B. Grant deed
C. Bill of sale
D. Option contract
Correct Answer: B. Grant deed
A grant deed transfers ownership and implies that the property has not been sold
to another party and that there are no undisclosed encumbrances.
4. Which type of listing gives the broker the right to earn a commission
regardless of who sells the property?
A. Open listing
B. Exclusive agency listing
C. Exclusive right-to-sell listing
D. Net listing
,Correct Answer: C. Exclusive right-to-sell listing
In an exclusive right-to-sell listing, the broker earns a commission regardless of
who finds the buyer, including the seller.
5. A deed that transfers only the interest the grantor currently holds, without
warranties, is called:
A. Warranty deed
B. Grant deed
C. Quitclaim deed
D. Trustee deed
Correct Answer: C. Quitclaim deed
A quitclaim deed transfers any interest the grantor may have without
guaranteeing that the title is valid.
6. The primary purpose of recording a deed is to:
A. Guarantee ownership
B. Protect the buyer from fraud
C. Provide public notice of ownership
D. Transfer property taxes
Correct Answer: C. Provide public notice of ownership
Recording a deed places the transaction in the public record and establishes
priority among competing claims.
7. Which appraisal approach is most commonly used to value single-family
homes?
A. Income approach
B. Cost approach
C. Sales comparison approach
D. Gross rent multiplier
Correct Answer: C. Sales comparison approach
, The sales comparison approach evaluates similar recently sold properties to
estimate the market value of a residential property.
8. The statute that requires lenders to disclose the true cost of credit is:
A. RESPA
B. Truth in Lending Act
C. Sherman Antitrust Act
D. Civil Rights Act
Correct Answer: B. Truth in Lending Act
The Truth in Lending Act requires lenders to disclose loan terms and the annual
percentage rate to borrowers.
9. A loan that allows the lender to demand full repayment if the property is
sold is known as:
A. Acceleration clause
B. Due-on-sale clause
C. Subordination clause
D. Alienation waiver
Correct Answer: B. Due-on-sale clause
The due-on-sale clause protects lenders by allowing them to require loan payoff
when ownership transfers.
10.Which type of lease transfers most responsibilities for maintenance and
taxes to the tenant?
A. Gross lease
B. Percentage lease
C. Net lease
D. Ground lease
Correct Answer: C. Net lease
Under a net lease, the tenant pays some or all operating expenses in addition to
rent.
2025 – 2026 Questions From Actual Exams
Complete 100 Questions And Correct Detailed
Answers (Verified Answers) |Already Graded
A+||Brand New!!
Content Covered (Most Tested Areas on the Exam)
Real Estate Law and Agency Relationships
Property Ownership and Land Use Controls
Contracts and Real Estate Transfer
Financing and Mortgage Instruments
Property Valuation and Appraisal
Real Estate Practice and Disclosures
Broker Responsibilities and Trust Funds
Escrow and Closing Procedures
Taxation and Investment Analysis
Property Management
1. Which type of ownership allows two or more persons to own property with
equal rights of possession but without the right of survivorship?
A. Joint tenancy
B. Community property
C. Tenancy in common
D. Severalty
Correct Answer: C. Tenancy in common
,Tenancy in common allows two or more owners to possess the same property
simultaneously without survivorship rights. When one owner dies, their interest
passes to heirs rather than the co-owner.
2. A broker who represents both buyer and seller in the same transaction with
full disclosure is acting as:
A. A subagent
B. A dual agent
C. A universal agent
D. A special agent
Correct Answer: B. A dual agent
Dual agency occurs when a broker represents both parties in the same real estate
transaction. California law requires disclosure and written consent from both
parties.
3. Which document transfers ownership of real property and includes implied
warranties of title?
A. Quitclaim deed
B. Grant deed
C. Bill of sale
D. Option contract
Correct Answer: B. Grant deed
A grant deed transfers ownership and implies that the property has not been sold
to another party and that there are no undisclosed encumbrances.
4. Which type of listing gives the broker the right to earn a commission
regardless of who sells the property?
A. Open listing
B. Exclusive agency listing
C. Exclusive right-to-sell listing
D. Net listing
,Correct Answer: C. Exclusive right-to-sell listing
In an exclusive right-to-sell listing, the broker earns a commission regardless of
who finds the buyer, including the seller.
5. A deed that transfers only the interest the grantor currently holds, without
warranties, is called:
A. Warranty deed
B. Grant deed
C. Quitclaim deed
D. Trustee deed
Correct Answer: C. Quitclaim deed
A quitclaim deed transfers any interest the grantor may have without
guaranteeing that the title is valid.
6. The primary purpose of recording a deed is to:
A. Guarantee ownership
B. Protect the buyer from fraud
C. Provide public notice of ownership
D. Transfer property taxes
Correct Answer: C. Provide public notice of ownership
Recording a deed places the transaction in the public record and establishes
priority among competing claims.
7. Which appraisal approach is most commonly used to value single-family
homes?
A. Income approach
B. Cost approach
C. Sales comparison approach
D. Gross rent multiplier
Correct Answer: C. Sales comparison approach
, The sales comparison approach evaluates similar recently sold properties to
estimate the market value of a residential property.
8. The statute that requires lenders to disclose the true cost of credit is:
A. RESPA
B. Truth in Lending Act
C. Sherman Antitrust Act
D. Civil Rights Act
Correct Answer: B. Truth in Lending Act
The Truth in Lending Act requires lenders to disclose loan terms and the annual
percentage rate to borrowers.
9. A loan that allows the lender to demand full repayment if the property is
sold is known as:
A. Acceleration clause
B. Due-on-sale clause
C. Subordination clause
D. Alienation waiver
Correct Answer: B. Due-on-sale clause
The due-on-sale clause protects lenders by allowing them to require loan payoff
when ownership transfers.
10.Which type of lease transfers most responsibilities for maintenance and
taxes to the tenant?
A. Gross lease
B. Percentage lease
C. Net lease
D. Ground lease
Correct Answer: C. Net lease
Under a net lease, the tenant pays some or all operating expenses in addition to
rent.
