REAL ESTATE EXAM @x @x
Exam Solution @x
Real Estate Principles Chapters 1 15 Exam Prep 2026
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A+ GRADE ASSURED COMPLETE SOLUTIONS AND VERI
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FIED ANSWERS (6E2F9) @x @x
QUESTION 1 @x
A real estate salesperson is supervised by the buyer or seller. the seller. any licensed
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broker. the employing broker only
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ANSWER
the employing broker only The employing broker is held accountable for the salesperson's conduct
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in performing business activities.
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QUESTION 2 @x
When a real estate license expires, licensed activity must cease but the license may b
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e renewed up to two years later. four years later. one year later. three years later
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ANSWER
two years later A license that is not renewed before it expires may be renewed at any time up to
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two years from the expiration date. All licensed activity must cease before the license is renewed a
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nd a late renewal fee will be required.
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QUESTION 3 @x
Every real estate broker must be licensed by the Bureau of State. Housing. Corporatio
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ns. Real Estate.
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ANSWER
Real Estate The Bureau of Real Estate licenses real estate brokers in California.
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QUESTION 4 @x
,Under the Real Estate Law, a real estate salesperson works for a broker as an Incorr
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ect associate broker. independent contractor. employee. agent.
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ANSWER
employee For purposes of the Real Estate Law, a salesperson is always considered the employee of
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the broker.
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QUESTION 5 @x
Which of the following does NOT require a real estate license? Presenting an offer Se
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lling your own property Taking a listing Negotiating a lease
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ANSWER
Selling your own property It is not necessary to have a real estate license to sell your own propert
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y.
QUESTION 6 @x
Real estate licenses are renewable for a period of four years. two years. three years.
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one year. @x
ANSWER
four years The full term on renewal of a broker's or salesperson's license is four years.
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QUESTION 7 @x
The applicant for a real estate salesperson's license must complete how many college
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-level courses before taking the licensing examination? Seven Three One Five
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ANSWER
Three An applicant for a real estate salesperson's license must complete three college-
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level courses before taking the licensing examination.
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QUESTION 8 @x
The Real Estate Advisory Commission consists of 6 members. 10 members. 11 membe
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rs. 7 members.
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ANSWER
10 members. There are 10 members of the Real Estate Advisory Commission. They are appointed b
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y the Real Estate Commissioner, who presides over their meetings.
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QUESTION 9 @x
,The Real Estate Law allows a business opportunity to be sold by a real estate license
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e. by a PRLS licensee. with a special endorsement. by a financial planner.
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ANSWER
by a real estate licensee A real estate licensee may represent others in the purchase or sale of a b
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usiness. Business brokerage is a growing area of real estate practice.
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QUESTION 10 @x
California's Real Estate Law is found in the Business and Professions Code. Governme
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nt Code. Civil Code. Financial Code.
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ANSWER
Business and Professions Code California legislation has been compiled into a series of books called
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codes. The Real Estate Law is Division 4 of the Business and Professions Code. Part 1 covers licen
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sing and Part 2 covers transactions.
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QUESTION 11 @x
There are three principal baselines and meridians in California. The intersection of t
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he Humboldt Baseline and Meridian is in a state other than California. southern Calif
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ornia. central California. northern California.
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ANSWER
northern California. The Humboldt Baseline and Meridian were established on Mt. Pierre in Humbol
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dt County in 1853. The other two baseline and meridians were established a few years earlier.
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QUESTION 12 @x
Personal property is usually transferred by a bill of sale. purchase contract. deed. wil
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l.
ANSWER
bill of sale Ownership of real property is usually transferred by an instrument called a deed. Perso
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nal property is usually transferred by a bill of sale.
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QUESTION 13 @x
Something that is used with the land for its benefit, such as a roadway or a waterwa
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y, is known as an encumbrance. a fixture. an appurtenance. personal property.
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ANSWER
an appurtenance An appurtenance to land is anything used with the land for the benefit of its own
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ers, such as a roadway, an easement, right of way, or condominium parking space.
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, QUESTION 14 @x
The rectangular survey system is also known as the Torrens system. lot, block, and t
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ract system. U.S. government survey system. metes and bounds system.
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ANSWER
U.S. government survey system The rectangular survey system is also called the section and townsh
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ip system, or the U.S. government survey system, and is used by the United States Surveyor Genera
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l to survey public lands.
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QUESTION 15 @x
The term real estate means the same thing as ownership. personal property. real pro
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perty. intangible personal property.
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ANSWER
real property In California, the term real property is synonymous with the term real estate.
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QUESTION 16 @x
Real property includes land. fixtures. appurtenances to land. all of these.
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ANSWER
all of these The California Civil Code definition of real property includes land, fixtures, anything inci
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dental or appurtenant to land, and anything immovable by law.
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QUESTION 17 @x
The test for a fixture does NOT include origin of manufacture. relationship of the par
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ties. method of attachment. intent of the parties.
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ANSWER
origin of manufacture The tests for a fixture (MARIA) include the method by which the thing is affi
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xed; adaptability of the thing for another use; relationship of the parties, intent in using the thing,
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and agreement of the parties.
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QUESTION 18 @x
How many sections are in a township? 6 18 36 24
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ANSWER
Exam Solution @x
Real Estate Principles Chapters 1 15 Exam Prep 2026
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A+ GRADE ASSURED COMPLETE SOLUTIONS AND VERI
@x @x @x @x @x @x
FIED ANSWERS (6E2F9) @x @x
QUESTION 1 @x
A real estate salesperson is supervised by the buyer or seller. the seller. any licensed
@x @x @x @x @x @x @x @x @x @x @x @x @x @x
broker. the employing broker only
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ANSWER
the employing broker only The employing broker is held accountable for the salesperson's conduct
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in performing business activities.
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QUESTION 2 @x
When a real estate license expires, licensed activity must cease but the license may b
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e renewed up to two years later. four years later. one year later. three years later
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ANSWER
two years later A license that is not renewed before it expires may be renewed at any time up to
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two years from the expiration date. All licensed activity must cease before the license is renewed a
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nd a late renewal fee will be required.
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QUESTION 3 @x
Every real estate broker must be licensed by the Bureau of State. Housing. Corporatio
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ns. Real Estate.
@x @x
ANSWER
Real Estate The Bureau of Real Estate licenses real estate brokers in California.
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QUESTION 4 @x
,Under the Real Estate Law, a real estate salesperson works for a broker as an Incorr
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ect associate broker. independent contractor. employee. agent.
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ANSWER
employee For purposes of the Real Estate Law, a salesperson is always considered the employee of
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the broker.
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QUESTION 5 @x
Which of the following does NOT require a real estate license? Presenting an offer Se
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lling your own property Taking a listing Negotiating a lease
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ANSWER
Selling your own property It is not necessary to have a real estate license to sell your own propert
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y.
QUESTION 6 @x
Real estate licenses are renewable for a period of four years. two years. three years.
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one year. @x
ANSWER
four years The full term on renewal of a broker's or salesperson's license is four years.
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QUESTION 7 @x
The applicant for a real estate salesperson's license must complete how many college
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-level courses before taking the licensing examination? Seven Three One Five
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ANSWER
Three An applicant for a real estate salesperson's license must complete three college-
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level courses before taking the licensing examination.
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QUESTION 8 @x
The Real Estate Advisory Commission consists of 6 members. 10 members. 11 membe
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rs. 7 members.
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ANSWER
10 members. There are 10 members of the Real Estate Advisory Commission. They are appointed b
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y the Real Estate Commissioner, who presides over their meetings.
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QUESTION 9 @x
,The Real Estate Law allows a business opportunity to be sold by a real estate license
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e. by a PRLS licensee. with a special endorsement. by a financial planner.
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ANSWER
by a real estate licensee A real estate licensee may represent others in the purchase or sale of a b
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usiness. Business brokerage is a growing area of real estate practice.
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QUESTION 10 @x
California's Real Estate Law is found in the Business and Professions Code. Governme
@x @x @x @x @x @x @x @x @x @x @x @x
nt Code. Civil Code. Financial Code.
@x @x @x @x @x
ANSWER
Business and Professions Code California legislation has been compiled into a series of books called
@x @x @x @x @x @x @x @x @x @x @x @x @x @x
codes. The Real Estate Law is Division 4 of the Business and Professions Code. Part 1 covers licen
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sing and Part 2 covers transactions.
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QUESTION 11 @x
There are three principal baselines and meridians in California. The intersection of t
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he Humboldt Baseline and Meridian is in a state other than California. southern Calif
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ornia. central California. northern California.
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ANSWER
northern California. The Humboldt Baseline and Meridian were established on Mt. Pierre in Humbol
@x @x @x @x @x @x @x @x @x @x @x @x @x
dt County in 1853. The other two baseline and meridians were established a few years earlier.
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QUESTION 12 @x
Personal property is usually transferred by a bill of sale. purchase contract. deed. wil
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l.
ANSWER
bill of sale Ownership of real property is usually transferred by an instrument called a deed. Perso
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nal property is usually transferred by a bill of sale.
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QUESTION 13 @x
Something that is used with the land for its benefit, such as a roadway or a waterwa
@x @x @x @x @x @x @x @x @x @x @x @x @x @x @x @x
y, is known as an encumbrance. a fixture. an appurtenance. personal property.
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ANSWER
an appurtenance An appurtenance to land is anything used with the land for the benefit of its own
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ers, such as a roadway, an easement, right of way, or condominium parking space.
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, QUESTION 14 @x
The rectangular survey system is also known as the Torrens system. lot, block, and t
@x @x @x @x @x @x @x @x @x @x @x @x @x @x
ract system. U.S. government survey system. metes and bounds system.
@x @x @x @x @x @x @x @x @x
ANSWER
U.S. government survey system The rectangular survey system is also called the section and townsh
@x @x @x @x @x @x @x @x @x @x @x @x @x @x
ip system, or the U.S. government survey system, and is used by the United States Surveyor Genera
@x @x @x @x @x @x @x @x @x @x @x @x @x @x @x @x
l to survey public lands.
@x @x @x @x
QUESTION 15 @x
The term real estate means the same thing as ownership. personal property. real pro
@x @x @x @x @x @x @x @x @x @x @x @x @x
perty. intangible personal property.
@x @x @x
ANSWER
real property In California, the term real property is synonymous with the term real estate.
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QUESTION 16 @x
Real property includes land. fixtures. appurtenances to land. all of these.
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ANSWER
all of these The California Civil Code definition of real property includes land, fixtures, anything inci
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dental or appurtenant to land, and anything immovable by law.
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QUESTION 17 @x
The test for a fixture does NOT include origin of manufacture. relationship of the par
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ties. method of attachment. intent of the parties.
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ANSWER
origin of manufacture The tests for a fixture (MARIA) include the method by which the thing is affi
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xed; adaptability of the thing for another use; relationship of the parties, intent in using the thing,
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and agreement of the parties.
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QUESTION 18 @x
How many sections are in a township? 6 18 36 24
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ANSWER