Real Estate Practice Exam A+ Grade Assured Complete Solutions And Verified Answers

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Exam Solution vc




Real Estate 30 Hour Post License Exams 2026 A+ GRADE
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ASSURED COMPLETE SOLUTIONS AND VERIFIED ANSW
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ERS (5C9DB) vc




QUESTION 1 vc




Term
ANSWER

Definition



QUESTION 2 vc




What term describes a licensee who is empowered to act for another broker in performi
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ng real estate brokerage tasks for a principal?
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A. single agent
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B. fiduciary
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C. dual agent
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D. subagent
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ANSWER

d



QUESTION 3 vc




What form must a veteran provide that shows the amount of entitlement available when
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purchasing a home with DVA? vc vc vc vc



A. discharge paper
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B. entitlement form
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C. certificate of eligibility
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D. DVA Purchase Agreement
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ANSWER

c

,QUESTION 4 vc




What type of loan is generally viewed as the most secure?
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A. conventional loan
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B. USDA loan
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C. FHA loan
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D. VA loan
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ANSWER

a



QUESTION 5 vc




When a person sells a property and then leases or rents it from the new property owner,
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it is known as
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A. an assumption
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B. a lien
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C. a seller leaseback
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D. a no-cost loan
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ANSWER

c



QUESTION 6 vc




A popular way to avoid having to pay private mortgage insurance is through the use of
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A. 80-10-10 financing
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B. single premium financing
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C. borrower-paid PMI
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D. 70-30 financing
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ANSWER

a



QUESTION 7 vc




What does the real estate term "caveat emptor" mean?
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A. best offer
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B. buyer beware
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C. consent
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D. government right to seize
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ANSWER

,b



QUESTION 8 vc




What should a buyer do if a home inspection report mentions anything about mold or w
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ater damage? vc



A. hire an attorney
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B. get a separate mold inspection
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C. hire a remediation expert
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D. get a warranty
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ANSWER

b



QUESTION 9 vc




What is a common technique that is used when the buyer borrows from the seller in add
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ition to the lender?vc vc vc



A. a purchase money loan
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B. an RHS loan
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C. a nonconforming loan
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D. a government insured loan
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ANSWER

a



QUESTION 10 vc




Consensual dual agency requires the licensee to obtain the written consent of
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A. the lender
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B. the buyer and the seller
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C. the seller
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D. the buyer
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ANSWER

b



QUESTION 11 vc




What fee is a percentage of the loan amount charged for the privilege of obtaining a VA l
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oan?
A. documentation fee
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B. funding fee
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, C. origination fee
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D. review fee
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ANSWER

b



QUESTION 12 vc




The largest amount a seller can pay of a VA purchaser's closing costs is what percent?
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A. 0.25 vc



B. 0.75 vc



C. 0.8 vc



D. 1 vc




ANSWER

d



QUESTION 13 vc




What type of communication is the language a person relays to others through facial exp
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ressions, eye contact, body movements, and other elements?
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A. nonverbal communication
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B. interpersonal communication
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C. oral communication
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D. written communication
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ANSWER

a



QUESTION 14 vc




Alabama appears to be more susceptible to increased radon levels in certain areas thank
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s to a type of carbonate rock called
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A. calcite
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B. karst vc



C. aragonite
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D. dolostone
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ANSWER

b



QUESTION 15 vc