Question 1

A candidate for the real estate broker's examination must:

Accepted Answer

A)  be 21 years or older 
B)  have completed 8 college-level real estate courses 
C)  have at least 4 years' experience as a real estate salesperson 
D)  be a resident of California 
A)  be 21 years or older 
B)  have completed 8 college-level real estate courses 
C)  have at least 4 years' experience as a real estate salesperson 
D)  be a resident of California

Question 2

Required real estate courses may be taken at which of the following institutions?

Accepted Answer

A)  accredited community colleges 
B)  accredited California universities 
C)  some private vocational schools that have acquired formal approval from the Real Estate Commissioner 
D)  all of the above 
A)  accredited community colleges 
B)  accredited California universities 
C)  some private vocational schools that have acquired formal approval from the Real Estate Commissioner 
D)  all of the above

Question 3

What is not a factor to consider when to determine investment potential?

Accepted Answer

A)  Risk 
B)  Liquidity 
C)  Carpet quality 
D)  Management requirements 
A)  Risk 
B)  Liquidity 
C)  Carpet quality 
D)  Management requirements

Question 4

A real estate broker's license is issued for:

Accepted Answer

A)  2 years 
B)  4 years 
C)  6 years 
D)  life 
A)  2 years 
B)  4 years 
C)  6 years 
D)  life

Question 5

The Real Estate Law exempts some people from needing a real estate license. Which of the following are not exempt?

Accepted Answer

A)  onsite resident managers of apartment buildings 
B)  clerical employees of lending institutions 
C)  any person who receives compensation (commission) for performance of an act defined within the realm of a salesperson's licensing 
D)  attorneys while practicing law 
A)  onsite resident managers of apartment buildings 
B)  clerical employees of lending institutions 
C)  any person who receives compensation (commission) for performance of an act defined within the realm of a salesperson's licensing 
D)  attorneys while practicing law

Question 6

All registration fees on the transfer of title to a mobile home must be paid within:

Accepted Answer

A)  5 days 
B)  10 days 
C)  15 days 
D)  30 days 
A)  5 days 
B)  10 days 
C)  15 days 
D)  30 days

Question 7

Commission rates for real estate agents are established by:

Accepted Answer

A)  the Real Estate Commissioner 
B)  local boards of real estate 
C)  multiple listing organizations 
D)  negotiations 
A)  the Real Estate Commissioner 
B)  local boards of real estate 
C)  multiple listing organizations 
D)  negotiations

Question 8

The maximum time allowed an applicant to take the salesperson's examination is:

Accepted Answer

A)  five hours 
B)  one and one-half hours 
C)  three hours and 15 minutes 
D)  as long as the applicant wishes to take 
A)  five hours 
B)  one and one-half hours 
C)  three hours and 15 minutes 
D)  as long as the applicant wishes to take

Question 9

What portion of the building do the upright beams, known as studs, rest upon?

Accepted Answer

A)  collar beam 
B)  floor joist 
C)  fire stops 
D)  sole plate 
A)  collar beam 
B)  floor joist 
C)  fire stops 
D)  sole plate

Question 10

If an applicant fails an examination, he or she:

Accepted Answer

A)  may not apply for a re-examination at any time 
B)  must wait a reasonable time after failure notice to apply 
C)  may apply for a re-examination immediately after notification of failure 
D)  is limited as to the number of times that an examination may be taken 
A)  may not apply for a re-examination at any time 
B)  must wait a reasonable time after failure notice to apply 
C)  may apply for a re-examination immediately after notification of failure 
D)  is limited as to the number of times that an examination may be taken

Question 11

Before purchasing a house, a person must decide whether to rent or buy. In considering the pros and cons, which would be considered an advantage of owning rather than renting?

Accepted Answer

A)  tax deductions 
B)  possible appreciation 
C)  control 
D)  all of the above 
A)  tax deductions 
B)  possible appreciation 
C)  control 
D)  all of the above

Question 12

Which of the following is a license issued by the California Real Estate Commissioner?

Accepted Answer

A)  corporate real estate license 
B)  appraisal license 
C)  escrow license 
D)  two of the above are correct 
A)  corporate real estate license 
B)  appraisal license 
C)  escrow license 
D)  two of the above are correct

Question 13

After first obtaining a real estate sales license, said licensee must take how many DRE core three-hour approved continuing education courses in order to renew their license?

Accepted Answer

A)  3 
B)  4 
C)  5 
D)  6 
A)  3 
B)  4 
C)  5 
D)  6

Question 14

A gambrel roof would most likely be found on a

Accepted Answer

A)  Contemporary 
B)  barn 
C)  Mediterranean 
D)  Victorian 
A)  Contemporary 
B)  barn 
C)  Mediterranean 
D)  Victorian

Question 15

Which of the following is correct?

Accepted Answer

A)  there are no continuing education requirements for the salesperson's license 
B)  examination prep courses satisfy continuing education requirements for license renewal 
C)  no transcripts, approval numbers or certificates are required to verify course requirements for license renewal 
D)  all of the above are incorrect 
A)  there are no continuing education requirements for the salesperson's license 
B)  examination prep courses satisfy continuing education requirements for license renewal 
C)  no transcripts, approval numbers or certificates are required to verify course requirements for license renewal 
D)  all of the above are incorrect

Question 16

A salesperson who wishes to become a real estate broker must have which of the following?

Accepted Answer

A)  eight required real estate courses 
B)  two years' full-time experience as a real estate salesperson, or its equivalent 
C)  pass a 200 question broker examination 
D)  all of the above 
A)  eight required real estate courses 
B)  two years' full-time experience as a real estate salesperson, or its equivalent 
C)  pass a 200 question broker examination 
D)  all of the above

Question 17

To obtain a broker's license, a person must:

Accepted Answer

A)  Be 25 years of age 
B)  Score 80% or higher on the broker's exam 
C)  Hold a salesperson's license for two years 
D)  Hold a salesperson's license for one year 
A)  Be 25 years of age 
B)  Score 80% or higher on the broker's exam 
C)  Hold a salesperson's license for two years 
D)  Hold a salesperson's license for one year

Question 18

The Real Estate Commissioner's Regulations apply to:

Accepted Answer

A)  REALTORS® only 
B)  REALISTS® only 
C)  real estate brokers only 
D)  all California real estate licensees 
A)  REALTORS® only 
B)  REALISTS® only 
C)  real estate brokers only 
D)  all California real estate licensees

Question 19

Members of the National Association of Real Estate Brokers are called:

Accepted Answer

A)  Realtors 
B)  Realtists 
C)  MAI 
D)  RECI 
A)  Realtors 
B)  Realtists 
C)  MAI 
D)  RECI

A candidate for the real estate broker's examination must:

Required real estate courses may be taken at which of the following institutions?

What is not a factor to consider when to determine investment potential?

A real estate broker's license is issued for:

The Real Estate Law exempts some people from needing a real estate license. Which of the following are not exempt?

All registration fees on the transfer of title to a mobile home must be paid within:

Commission rates for real estate agents are established by:

The maximum time allowed an applicant to take the salesperson's examination is:

What portion of the building do the upright beams, known as studs, rest upon?

If an applicant fails an examination, he or she:

Before purchasing a house, a person must decide whether to rent or buy. In considering the pros and cons, which would be considered an advantage of owning rather than renting?

Which of the following is a license issued by the California Real Estate Commissioner?

After first obtaining a real estate sales license, said licensee must take how many DRE core three-hour approved continuing education courses in order to renew their license?

A gambrel roof would most likely be found on a

Which of the following is correct?

A salesperson who wishes to become a real estate broker must have which of the following?

To obtain a broker's license, a person must:

The Real Estate Commissioner's Regulations apply to:

Members of the National Association of Real Estate Brokers are called:

Introduction to Real Estate

Part I: Legal Description, Method of Acquiring Title , and Deeds

Encumbrances, Liens, and Homesteads

Real Estate Agency

Real Estate Contracts and Mandated Disclosures

Practical Real Estate Mathematics

Introduction to Real Estate Finance

Part I: Real Estate Lenders

Real Estate Appraisal

The Role of Escrow and Title Insurance Companies

Landlord and Tenant Relations

Land-Use Planning, Subdivisions, Fair Housing, and Other Public Controls

Introduction to Taxation

Single-Family Homes and Mobile Homes

Filters

Exam 15: A Career in Real Estate

A candidate for the real estate broker's examination must:

Required real estate courses may be taken at which of the following institutions?

What is not a factor to consider when to determine investment potential?

A real estate broker's license is issued for:

The Real Estate Law exempts some people from needing a real estate license. Which of the following are not exempt?

All registration fees on the transfer of title to a mobile home must be paid within:

Commission rates for real estate agents are established by:

The maximum time allowed an applicant to take the salesperson's examination is:

What portion of the building do the upright beams, known as studs, rest upon?

If an applicant fails an examination, he or she:

Before purchasing a house, a person must decide whether to rent or buy. In considering the pros and cons, which would be considered an advantage of owning rather than renting?

Which of the following is a license issued by the California Real Estate Commissioner?

After first obtaining a real estate sales license, said licensee must take how many DRE core three-hour approved continuing education courses in order to renew their license?

A gambrel roof would most likely be found on a

Which of the following is correct?

A salesperson who wishes to become a real estate broker must have which of the following?

To obtain a broker's license, a person must:

The Real Estate Commissioner's Regulations apply to:

Members of the National Association of Real Estate Brokers are called:

Introduction to Real Estate

Part I: Legal Description, Method of Acquiring Title , and Deeds

Encumbrances, Liens, and Homesteads

Real Estate Agency

Real Estate Contracts and Mandated Disclosures

Practical Real Estate Mathematics

Introduction to Real Estate Finance

Part I: Real Estate Lenders

Real Estate Appraisal

The Role of Escrow and Title Insurance Companies

Landlord and Tenant Relations

Land-Use Planning, Subdivisions, Fair Housing, and Other Public Controls

Introduction to Taxation

Single-Family Homes and Mobile Homes

Filters