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CAS 45-Hour Real Estate Principles Course - Practice Final Exam Questions + Verified Answers 100- correct, Update 2026.docx

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CAS 45-Hour Real Estate Principles Course - Practice Final Exam Questions + Verified Answers 100- correct, Update

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Institution
CA Professional Fiduciary
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CA Professional Fiduciary

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Uploaded on
January 17, 2026
Number of pages
43
Written in
2025/2026
Type
Exam (elaborations)
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CAS 45-Hour Real Estate Principles
Course - Practice Final Exam Questions
+ Verified Answers 100% correct, Update
2026
If your license is suspended, it's only temporary. If your license is
revoked, it is permanently removed and requires ______. -
correct answer ✅Additional education
-A new license application after the penalty period
A small fee
A verbal reprimand


With a triple net lease, the tenant pays ______ separately from the
base rent. -
correct answer ✅Insurance, utilities, and maintenance
Maintenance, insurance, and debt service Taxes, debt service, and
lease payment
-Taxes, insurance, and maintenance


In which type of common interest subdivision do the owners have
exclusive rights to a unit, as well as a shared interest in the common
areas? -
correct answer ✅-Condominium project
Planned development
Stock cooperative project

,CAS 45-Hour Real Estate Principles
Course - Practice Final Exam Questions
+ Verified Answers 100% correct, Update
2026
Timeshare


A licensee must perform which of the following tasks for a buyer
client? -
correct answer ✅-Ensure the buyer understands the importance
of due diligence, including a professional inspection of the property.
Review the seller's property disclosures and show the buyer the
ones that you believe are important.
Show the buyer properties that you are listing for other sellers.
Tell the buyer how much earnest money she should put down to
ensure the deal goes through.


A square room has an area of 144 square feet. How long is each
side? -
correct answer ✅10 feet
-12 feet
24 feet
72 feet

,CAS 45-Hour Real Estate Principles
Course - Practice Final Exam Questions
+ Verified Answers 100% correct, Update
2026
Improving a credit score can help a buyer ______________. -
correct answer ✅Avoid financing
Decrease debt
Increase savings
-Qualify for better interest rates


What type of lien is defined as an involuntary lien placed on all of
the property received by a deceased person's heirs? -
correct answer ✅-Estate/inheritance lien
Income tax lien
Judgment lien
Mortgage lien


What's the difference between reversionary interest and remainder
interest in a property? -
correct answer ✅Remainder interest applies only to heirs.
Reversionary interest only applies to spouses. With remainder
interest, the property remains with the owner, even when a life
tenant possesses the property.

, CAS 45-Hour Real Estate Principles
Course - Practice Final Exam Questions
+ Verified Answers 100% correct, Update
2026
-With reversionary interest, the property reverts to the owner after
the death of the life tenant.


Jeffersontown has a zoning ordinance that requires all properties in
a designated historic district to have brick or wood plank facades.
No aluminum, cement board, or vinyl siding is allowed. What type
of zoning is this? -
correct answer ✅-Aesthetic zoning
Downzoning
Incentive zoning
Spot zoning


When licensees follow through on what prospects have asked,
arrive for meetings on time, and come prepared, what trait are they
exhibiting? -
correct answer ✅-Competence
Documentation
Effective communication
Empathy

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