California Real Estate Salesperson Examination
Newest 2025 – 2026 Questions From Past Papers
Actual Exams Complete 100 Questions And Correct
Detailed Answers (Verified Answers) |Already
Graded A+||Brand New!!
Content Covered (Most Tested Areas on the Exam):
Property Ownership and Land Use Controls and Regulations
Laws of Agency and Fiduciary Duties
Property Valuation and Market Analysis
Financing
Transfer of Property
Practice of Real Estate and Disclosures
Real Estate Contracts
Real Estate Calculations
Property Management
Real Estate Economics and Principles
1. In California real estate practice, which type of property ownership allows
two or more individuals to own equal interests with the right of
survivorship?
A. Tenancy in Common
B. Community Property
C. Joint Tenancy
D. Severalty
Answer: Joint Tenancy
Joint tenancy includes the right of survivorship, meaning when one owner dies,
their interest automatically passes to the remaining joint tenant(s).
, 2. A real estate agent representing a seller owes which of the following
fiduciary duties?
A. Loyalty
B. Obedience
C. Disclosure
D. All of the above
Answer: All of the above
Fiduciary duties owed by an agent include loyalty, obedience to lawful instructions,
disclosure of material facts, confidentiality, accounting, and reasonable care.
3. Which method of property valuation is most commonly used for
single-family residential homes?
A. Income approach
B. Cost approach
C. Sales comparison approach
D. Depreciation approach
Answer: Sales comparison approach
The sales comparison approach estimates value by comparing similar recently sold
properties.
4. A mortgage loan in which the borrower pays only interest for a specified
time period is called:
A. Fully amortized loan
B. Interest-only loan
C. Balloon mortgage
D. Reverse mortgage
Answer: Interest-only loan
In an interest-only loan, the borrower pays only interest for an initial period before
principal payments begin.
5. A valid real estate contract must include which essential element?
, A. Competent parties
B. Mutual consent
C. Lawful objective
D. All of the above
Answer: All of the above
A valid contract requires competent parties, mutual consent, lawful purpose, and
consideration.
6. When a seller intentionally hides a major structural defect from a buyer, this
is known as:
A. Puffing
B. Fraudulent misrepresentation
C. Negligence
D. Waiver
Answer: Fraudulent misrepresentation
Fraudulent misrepresentation occurs when a party knowingly provides false
information or conceals material facts.
7. The right to use another person’s land for a specific purpose is called:
A. Encroachment
B. Easement
C. Lien
D. License
Answer: Easement
An easement allows limited use of another person’s land, such as access to utilities
or a driveway.
8. Property ownership limited to the duration of someone's life is known as:
A. Fee simple estate
B. Leasehold estate
Newest 2025 – 2026 Questions From Past Papers
Actual Exams Complete 100 Questions And Correct
Detailed Answers (Verified Answers) |Already
Graded A+||Brand New!!
Content Covered (Most Tested Areas on the Exam):
Property Ownership and Land Use Controls and Regulations
Laws of Agency and Fiduciary Duties
Property Valuation and Market Analysis
Financing
Transfer of Property
Practice of Real Estate and Disclosures
Real Estate Contracts
Real Estate Calculations
Property Management
Real Estate Economics and Principles
1. In California real estate practice, which type of property ownership allows
two or more individuals to own equal interests with the right of
survivorship?
A. Tenancy in Common
B. Community Property
C. Joint Tenancy
D. Severalty
Answer: Joint Tenancy
Joint tenancy includes the right of survivorship, meaning when one owner dies,
their interest automatically passes to the remaining joint tenant(s).
, 2. A real estate agent representing a seller owes which of the following
fiduciary duties?
A. Loyalty
B. Obedience
C. Disclosure
D. All of the above
Answer: All of the above
Fiduciary duties owed by an agent include loyalty, obedience to lawful instructions,
disclosure of material facts, confidentiality, accounting, and reasonable care.
3. Which method of property valuation is most commonly used for
single-family residential homes?
A. Income approach
B. Cost approach
C. Sales comparison approach
D. Depreciation approach
Answer: Sales comparison approach
The sales comparison approach estimates value by comparing similar recently sold
properties.
4. A mortgage loan in which the borrower pays only interest for a specified
time period is called:
A. Fully amortized loan
B. Interest-only loan
C. Balloon mortgage
D. Reverse mortgage
Answer: Interest-only loan
In an interest-only loan, the borrower pays only interest for an initial period before
principal payments begin.
5. A valid real estate contract must include which essential element?
, A. Competent parties
B. Mutual consent
C. Lawful objective
D. All of the above
Answer: All of the above
A valid contract requires competent parties, mutual consent, lawful purpose, and
consideration.
6. When a seller intentionally hides a major structural defect from a buyer, this
is known as:
A. Puffing
B. Fraudulent misrepresentation
C. Negligence
D. Waiver
Answer: Fraudulent misrepresentation
Fraudulent misrepresentation occurs when a party knowingly provides false
information or conceals material facts.
7. The right to use another person’s land for a specific purpose is called:
A. Encroachment
B. Easement
C. Lien
D. License
Answer: Easement
An easement allows limited use of another person’s land, such as access to utilities
or a driveway.
8. Property ownership limited to the duration of someone's life is known as:
A. Fee simple estate
B. Leasehold estate
