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CALIFORNIA REAL ESTATE SALESPERSON FINAL
EXAM AND PRACTICE EXAM NEWEST ACTUAL EXAM
COMPLETE 300 QUESTIONS AND 100%CORRECT
DETAILED ANSWERS (VERIFIED AND GRADED A+
A tenant signed a written lease for two years on a home.
The lease made no mention of assignments and/or
subleasing. The tenant may:
a. assign or sublease the home since the lease did not
address those items
b. not assign or sublease the home to another tenant
c. only assign or sublease the home with the landlord's
prior written approval
d. assign the lease to an assignee, but cannot sublease
the home to another tenant - ANSWER-a. assign or
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sublease the home since the lease did not address those
items
Able holds a two-year lease with an option to purchase
and assigns the lease to Baker. Which of the following is
correct?
a. Baker would not hold the option.
b. Able would continue to hold the option
c. this is not permissible
d. Baker would now hold the option - ANSWER-d. Baker
would now hold the option
Which of the following is a benefit of a net lease?
a. Lessee receives net income
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b. Lessee does not have to pay taxes, maintenance, and
insurance
c. Lessor receives net income
d. Lessor pays taxes, maintenance, and insurance -
ANSWER-c. Lessor receives net income
A sinle line of retail stores located along a major
transportation cofffidor in a commercially zoned area
would be known as a:
a. street commercial zone development
b. commercial cluster center
c. strip commercial development
d. commercial redevelopment zone - ANSWER-c. strip
commercial development
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Which of the following is often used when a commercial
lease contains an escalator clause to adjust the rental
amount periodically (usually anually) for inflation?
a. average commercial rental rates in an area
b. the consumer price index (CPI)
c. general economic indicators averaged over the past 12
months
d. standard and poor's statistics of 500 individuals -
ANSWER-b. the consumer price index (CPI)
The transaction coordinator performs which of the
following?
a. Creae a timeline of important dates
CALIFORNIA REAL ESTATE SALESPERSON FINAL
EXAM AND PRACTICE EXAM NEWEST ACTUAL EXAM
COMPLETE 300 QUESTIONS AND 100%CORRECT
DETAILED ANSWERS (VERIFIED AND GRADED A+
A tenant signed a written lease for two years on a home.
The lease made no mention of assignments and/or
subleasing. The tenant may:
a. assign or sublease the home since the lease did not
address those items
b. not assign or sublease the home to another tenant
c. only assign or sublease the home with the landlord's
prior written approval
d. assign the lease to an assignee, but cannot sublease
the home to another tenant - ANSWER-a. assign or
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sublease the home since the lease did not address those
items
Able holds a two-year lease with an option to purchase
and assigns the lease to Baker. Which of the following is
correct?
a. Baker would not hold the option.
b. Able would continue to hold the option
c. this is not permissible
d. Baker would now hold the option - ANSWER-d. Baker
would now hold the option
Which of the following is a benefit of a net lease?
a. Lessee receives net income
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b. Lessee does not have to pay taxes, maintenance, and
insurance
c. Lessor receives net income
d. Lessor pays taxes, maintenance, and insurance -
ANSWER-c. Lessor receives net income
A sinle line of retail stores located along a major
transportation cofffidor in a commercially zoned area
would be known as a:
a. street commercial zone development
b. commercial cluster center
c. strip commercial development
d. commercial redevelopment zone - ANSWER-c. strip
commercial development
, 4|Page
Which of the following is often used when a commercial
lease contains an escalator clause to adjust the rental
amount periodically (usually anually) for inflation?
a. average commercial rental rates in an area
b. the consumer price index (CPI)
c. general economic indicators averaged over the past 12
months
d. standard and poor's statistics of 500 individuals -
ANSWER-b. the consumer price index (CPI)
The transaction coordinator performs which of the
following?
a. Creae a timeline of important dates
