Principles of Real Estate Exam
Questions with Answers
This doesn't change the agency relationships - ✔✔Charlie represents sue, a buyer. Charlie's
being paid by Claude, the seller, through his brokerage. Whats true about this situation
Normally they are prorated on closing day - ✔✔How are accrued real estate taxes that are
assessed but not yet due prorated
Prepayment Penalty - ✔✔Mortgages may still but only rarely contain which clause
Gross rent multiplier - ✔✔What is used for income producing properties with 4 or fewer units
Unruh - ✔✔What prohibits discrimination of protected classes
Carbon monoxide poisoning - ✔✔Dizziness and nausea are signs of what
Register project with BRE - ✔✔What must a seller do if he is selling a subdivision in another
state
43% - ✔✔Qualified mortgages require debt to income ratio of no more than
$100 fine and attorney costs - ✔✔What happens if you do not disclose or do not provide smoke
detectors
Undivided interest subdivision - ✔✔A property that the owners have access to property and
facilities
Questions with Answers
This doesn't change the agency relationships - ✔✔Charlie represents sue, a buyer. Charlie's
being paid by Claude, the seller, through his brokerage. Whats true about this situation
Normally they are prorated on closing day - ✔✔How are accrued real estate taxes that are
assessed but not yet due prorated
Prepayment Penalty - ✔✔Mortgages may still but only rarely contain which clause
Gross rent multiplier - ✔✔What is used for income producing properties with 4 or fewer units
Unruh - ✔✔What prohibits discrimination of protected classes
Carbon monoxide poisoning - ✔✔Dizziness and nausea are signs of what
Register project with BRE - ✔✔What must a seller do if he is selling a subdivision in another
state
43% - ✔✔Qualified mortgages require debt to income ratio of no more than
$100 fine and attorney costs - ✔✔What happens if you do not disclose or do not provide smoke
detectors
Undivided interest subdivision - ✔✔A property that the owners have access to property and
facilities
