REAL ESTATE FINAL EXAM - 100 QUESTIONS WITH WELL DETAILED AND 100% CORRECT ANSWERS|LATEST 2025/2026|GUARANTEED A+

REAL ESTATE FINAL EXAM - 100
QUESTIONS WITH WELL DETAILED AND
100% CORRECT ANSWERS|LATEST
2025/2026|GUARANTEED A+

Zoning is under the control of: - ANSWER-
B B B B B B B government agencies. B




A contract that is binding and enforceable in a court of law is said to be: - ANSWER-
B B B B B B B B B B B B B B B B B



valid.



Escrows base monthly prorations on how many days? - ANSWER-
B B B B B B B B B 30



The area of a rectangular lot that is 50 feet wide by 100 feet deep is: - ANSWER-
B B B B B B B B B B B B B B B B B



5,000 sq. ft. B B




For about how much assessed value is the Homeowner's Property Tax Exemption? - ANSWER-
B B B B B B B B B B B B B



$7,000



Misuse of the real estate appraisal report or coercion of the appraiser are now: - ANSWER-
B B B B B B B B B B B B B B B



federal felonies. B




A person who is authorized by the Secretary of State to witness the acknowledgement of docu
B B B B B B B B B B B B B B B



ments is known as a(n): - ANSWER-
B B B B B B notary public. B




A broker who mixes personal funds with his or her principal's funds is guilty of: - ANSWER-
B B B B B B B B B B B B B B B B



commingling.



Real property consists of: - ANSWER-
B B B B B land and structures on the land
B B B B B




anything incidental to the land
B B B B




1
Wicky

, anything appurtenant to the land
B B B B




Which of the following is NOT one of the forces that affect the value of a neighborhood? -
B B B B B B B B B B B B B B B B B



B ANSWER- Past sales considerations
B B




The federal civil rights law that applies to people with disabilities and protects them from discr
B B B B B B B B B B B B B B B



imination is the: - ANSWER- B B B B Americans with Disabilities Act B B B




When prices rise due to shortages of available properties, it is known as a: - ANSWER-
B B B B B B B B B B B B B B B



seller's market. B




Other than the initial small deposit to open the account, when are money deposits the person
B B B B B B B B B B B B B B B



al property of the broker? - ANSWER-
B B B B B B Never



Which "American" title insurance is usually requested by lenders? - ANSWER-
B B B B B B B B B B



ALTA policy B




Which of the following is a requirement of a lease? - ANSWER-
B B B B B B B B B B B length of lease B B




amount of rent B B




names of partiesB B




Which of the following is NOT an essential element of a real estate contract? - ANSWER-
B B B B B B B B B B B B B B B



Cash



The California Department of Veteran's Affairs loan program is commonly known as the: -
B B B B B B B B B B B B B



B ANSWER- CalVet Program. B




The market data method (comparison approach) is the most common approach for: -
B B B B B B B B B B B B



B ANSWER- houses

condos

2
Wicky