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ADHI SCHOOLS REAL ESTATE PRACTICE TEST

Take this free practice test to get an idea of what is on the California Real Estate Salesperson exam administered by the California Department of Real Estate (CalDRE). The actual exam has 150 questions and 3 hours is given to complete it. For 150 questions to simulate the actual exam, use our California Real Estate Practice Exam.Take this free practice test to get an idea of what is on the California Real Estate Salesperson exam administered by the California Department of Real Estate (CalDRE). The actual exam has 150 questions and 3 hours is given to complete it. For 150 questions to simulate the actual exam, use our Adhi Schools Real Estate Practice Exam.


Real Estate Principles


  1. A final subdivision public report has an initial term of ?
    a. one year.
    b. two years.
    c. four years.
    d. five years.
  2. TRID applies to ?
    a. HELOCs.
    b. construction-only loans.
    c. loans made by a person who makes five or fewer mortgages in a calendar year.
    d. reverse mortgages.
  3. Ginnie Mae securities are NOT backed by ?
    a. FHA-insured loans.
    b. VA-guaranteed loans.
    c. Farmer Mac-guaranteed loans.
    d. CalVet loans.

Real Estate Practice


  1. The type of listing that has the greatest likelihood of resulting in a sale would be a(n) ?
    a. open listing.
    b. exclusive-agency listing
    c. exclusive-right-to-sell listing.
    d. reduced-fee listing.
  2. The proposition that allows a tax assessment for certain homeowners to be transferred from one country to another is Proposition ?
    a. 13
    b. 58
    c. 60
    d. 90
  3. A convertible ARM is a loan that can be changed to ?
    a. a shorter-term loan.
    b. a fixed-rate loan.
    c. another property.
    d. another borrower.

Legal Aspects Of Real Estate


  1. When an agent commits a tort while carrying out agency duties, the ?
    a. principal has no liability for the tort.
    b. principal would not be liable if the principal told the agent not to committed any torts.
    c. agent is exonerated from liability for the tort because the act was committed in an agency capacity.
    d. agent would be personally liable for the tort.
  2. The rebate law prohibits ?
    a. escrows from giving rebates to brokers.
    b. title companies from giving rebates to brokers.
    c. brokers from rebating commissions to buyers.
    d. both a and b.
  3. You made a statement that induced a person to act as a result of relying on that statement. The legal principle that now prevents you from asserting facts tat are contrary to your previous declaration is known as ?
    a. estoppel.
    b. ratification.
    c. respondeat superior.
    d. laches.