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

REAL ESTATE EXAM
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Exam Solution
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Real Estate 30 Hour Post License Exams 2026 A+ GRAD
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E ASSURED COMPLETE SOLUTIONS AND VERIFIED ANS
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WERS (B14C6) ms




QUESTION 1 ms




Term
ANSWER

Definition



QUESTION 2 ms




What term describes a licensee who is empowered to act for another broker in perfor
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ming 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 ms




What form must a veteran provide that shows the amount of entitlement available wh
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en purchasing a home with DVA?
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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 ms




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 ms




When a person sells a property and then leases or rents it from the new property ow
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ner, 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 ms




A popular way to avoid having to pay private mortgage insurance is through the use o
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f
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 ms




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 ms




What should a buyer do if a home inspection report mentions anything about mold or
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water damage?
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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 ms




What is a common technique that is used when the buyer borrows from the seller in
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addition to the lender? ms ms ms



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 ms




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 ms




What fee is a percentage of the loan amount charged for the privilege of obtaining a V
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A loan?
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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 ms




The largest amount a seller can pay of a VA purchaser's closing costs is what percent?
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A. 0.25
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B. 0.75
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C. 0.8
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D. 1ms




ANSWER

d



QUESTION 13 ms




What type of communication is the language a person relays to others through facial e
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xpressions, 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 ms




Alabama appears to be more susceptible to increased radon levels in certain areas tha
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nks to a type of carbonate rock called
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A. calcite
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B. karst
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C. aragonite
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D. dolostone
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ANSWER

b



QUESTION 15 ms