CALIFORNIA REAL ESTATE EXAM 2024-2025 MULTIPLE CHOICE EXAM
500 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIO-
NALES|
Study online at https://quizlet.com/_g5kljp
1. The judge has just issued a decision for ethical vio- Dismiss the find-
lations of a real estate salesperson. What is the role ings if the charges
of the California Real Estate Commissioner in the are not sustained
proceeding? at the hearing, as
well as to re-
duce the proposed
penalty and make
an official deci-
sion.
2. Bill the broker received a very high offer on a piece of Secret Profit
property from a buyer. Bill makes a low offer through
a dummy purchase, or an accomplice who is not a
buyer at all. Bill sells the property for the higher price.
What's the violation?
3. Katrina had her license suspended for making Sections 10176
false promises to clients. She could never follow and 10177 of Busi-
through with her statements and several complaints ness and Profes-
were filed. Which guidelines constitute most suspen- sions Code
sions?
4. California licensing laws define which of the follow- Real Estate Bro-
ing: kerage, Handling
Trust Funds, Man-
aging Escrow Ac-
count
5. Which portion of the California Business and Profes- Part 2, Sections
sions Code consists of the subdivided lands law? 11000 to 11200 of
the Business and
Professions Code
6. A Nevada real estate licensee has been advertising It is not permissi-
his services online to California citizens. Is this per- ble to solicit Cali-
missible? fornia residents if
you don't have a
, CALIFORNIA REAL ESTATE EXAM 2024-2025 MULTIPLE CHOICE EXAM
500 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIO-
NALES|
Study online at https://quizlet.com/_g5kljp
California real es-
tate license.
7. A California licensee has been advertising on the In- She failed to in-
ternet. She has been violating the Business and Pro- dicate her license
fessions Code, Sections 10235.5 and 10140.6. What status in the ad.
has she done?
8. Upon completion of this course, you should under- The facts re-
stand: garding disclosure
of commissions
earned to all par-
ties in a trans-
action, real estate
taxes and spe-
cial assessments,
encumbrances (a
claim against a
property by an-
other party. En-
cumbrance usu-
ally impacts the
transferability of
the property and
can restrict its
free use un-
til the encumber-
ance is removed),
liens, ease-
ments (non-pos-
sessory right to
use and/or en-
ter onto the
real property of
another without
possessing it),
and encroach-
ments (proper-
, CALIFORNIA REAL ESTATE EXAM 2024-2025 MULTIPLE CHOICE EXAM
500 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIO-
NALES|
Study online at https://quizlet.com/_g5kljp
ty owner violates
the property rights
of his neighbor
by building some-
thing on the neigh-
bor's land)
9. Which regulation apply to the use of the internet for Commission's
advertising in California? Regulation 2770
10. Where can Mike find the exam's purpose and require- California Busi-
ments? ness and Profes-
sions Code Sec-
tion 10153
11. John is trying to learn about "Professional Code". General and state
What sources have input on this topic? legislation, indus-
try self-regulation
through trade as-
sociations and in-
stitutes, state real
estate licensing
regulation
12. Where does a person go with a complaint regarding The Office of
discrimination? Fair Housing and
Equal Opportunity
(OFHEO)
13. A couple with excellent credit and good careers are The couple has
denied a loan. What's the violation? been denied the
full protection of
the Equal Cred-
it Opportunity
Act (ECOA). The
ECOA is a part of
the Fair Financing
Laws.
, CALIFORNIA REAL ESTATE EXAM 2024-2025 MULTIPLE CHOICE EXAM
500 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIO-
NALES|
Study online at https://quizlet.com/_g5kljp
14. Jane has filed her complaint of discrimination. She Jane may file suit
also wants to seek punitive damages. What are her within two years of
options? the violation. She
may seek a re-
straining order, ac-
tual damages, and
punitive damages
of up to $1,000.
15. What is the largest area of Standards and Practices? Article 16 - Ethics
and Agency Rela-
tionships
16. There are shutters installed throughout the home, Method of attach-
and the owner wants to take them with him to his new ment, adaptability
home. Which of the five tests for real and personal (built-in vs. not),
property applies? and intent (agents
should write into
the offer items
that may lead
to misunderstand-
ings, such as a
ceiling fan).
17. A family is clearing many trees to build a guest house. Severance-
They plan on selling the wood to the neighbors. What Changes real
process applies? property to
personal property.
18. Jonathan decides to sell his home and transfer all of Livery of Seisin-
his property ownership rights to the new buyer. This when you sell the
bundling and selling of rights is known as: entire bundle of
rights.
19. Which are water rights? Littoral Right
(beaches), Doc-
trine of Prior Ap-
propriation (irriga-
500 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIO-
NALES|
Study online at https://quizlet.com/_g5kljp
1. The judge has just issued a decision for ethical vio- Dismiss the find-
lations of a real estate salesperson. What is the role ings if the charges
of the California Real Estate Commissioner in the are not sustained
proceeding? at the hearing, as
well as to re-
duce the proposed
penalty and make
an official deci-
sion.
2. Bill the broker received a very high offer on a piece of Secret Profit
property from a buyer. Bill makes a low offer through
a dummy purchase, or an accomplice who is not a
buyer at all. Bill sells the property for the higher price.
What's the violation?
3. Katrina had her license suspended for making Sections 10176
false promises to clients. She could never follow and 10177 of Busi-
through with her statements and several complaints ness and Profes-
were filed. Which guidelines constitute most suspen- sions Code
sions?
4. California licensing laws define which of the follow- Real Estate Bro-
ing: kerage, Handling
Trust Funds, Man-
aging Escrow Ac-
count
5. Which portion of the California Business and Profes- Part 2, Sections
sions Code consists of the subdivided lands law? 11000 to 11200 of
the Business and
Professions Code
6. A Nevada real estate licensee has been advertising It is not permissi-
his services online to California citizens. Is this per- ble to solicit Cali-
missible? fornia residents if
you don't have a
, CALIFORNIA REAL ESTATE EXAM 2024-2025 MULTIPLE CHOICE EXAM
500 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIO-
NALES|
Study online at https://quizlet.com/_g5kljp
California real es-
tate license.
7. A California licensee has been advertising on the In- She failed to in-
ternet. She has been violating the Business and Pro- dicate her license
fessions Code, Sections 10235.5 and 10140.6. What status in the ad.
has she done?
8. Upon completion of this course, you should under- The facts re-
stand: garding disclosure
of commissions
earned to all par-
ties in a trans-
action, real estate
taxes and spe-
cial assessments,
encumbrances (a
claim against a
property by an-
other party. En-
cumbrance usu-
ally impacts the
transferability of
the property and
can restrict its
free use un-
til the encumber-
ance is removed),
liens, ease-
ments (non-pos-
sessory right to
use and/or en-
ter onto the
real property of
another without
possessing it),
and encroach-
ments (proper-
, CALIFORNIA REAL ESTATE EXAM 2024-2025 MULTIPLE CHOICE EXAM
500 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIO-
NALES|
Study online at https://quizlet.com/_g5kljp
ty owner violates
the property rights
of his neighbor
by building some-
thing on the neigh-
bor's land)
9. Which regulation apply to the use of the internet for Commission's
advertising in California? Regulation 2770
10. Where can Mike find the exam's purpose and require- California Busi-
ments? ness and Profes-
sions Code Sec-
tion 10153
11. John is trying to learn about "Professional Code". General and state
What sources have input on this topic? legislation, indus-
try self-regulation
through trade as-
sociations and in-
stitutes, state real
estate licensing
regulation
12. Where does a person go with a complaint regarding The Office of
discrimination? Fair Housing and
Equal Opportunity
(OFHEO)
13. A couple with excellent credit and good careers are The couple has
denied a loan. What's the violation? been denied the
full protection of
the Equal Cred-
it Opportunity
Act (ECOA). The
ECOA is a part of
the Fair Financing
Laws.
, CALIFORNIA REAL ESTATE EXAM 2024-2025 MULTIPLE CHOICE EXAM
500 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIO-
NALES|
Study online at https://quizlet.com/_g5kljp
14. Jane has filed her complaint of discrimination. She Jane may file suit
also wants to seek punitive damages. What are her within two years of
options? the violation. She
may seek a re-
straining order, ac-
tual damages, and
punitive damages
of up to $1,000.
15. What is the largest area of Standards and Practices? Article 16 - Ethics
and Agency Rela-
tionships
16. There are shutters installed throughout the home, Method of attach-
and the owner wants to take them with him to his new ment, adaptability
home. Which of the five tests for real and personal (built-in vs. not),
property applies? and intent (agents
should write into
the offer items
that may lead
to misunderstand-
ings, such as a
ceiling fan).
17. A family is clearing many trees to build a guest house. Severance-
They plan on selling the wood to the neighbors. What Changes real
process applies? property to
personal property.
18. Jonathan decides to sell his home and transfer all of Livery of Seisin-
his property ownership rights to the new buyer. This when you sell the
bundling and selling of rights is known as: entire bundle of
rights.
19. Which are water rights? Littoral Right
(beaches), Doc-
trine of Prior Ap-
propriation (irriga-
