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California Real Estate Practice Final Exam – Licensing Review, Practice Questions, and Real Estate Study Guide

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This document provides a comprehensive study guide for the California Real Estate Practice Final Exam, featuring practice questions and review materials covering essential real estate principles and California-specific practices. It includes key topics such as agency relationships, property ownership, contracts, disclosures, financing, escrow, fair housing, ethics, property management, and California real estate laws and regulations. The material is designed to reinforce industry knowledge, strengthen practical understanding, and support successful preparation for real estate coursework and licensing examinations. It serves as a valuable review resource for aspiring California real estate professionals.

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CALIFORNIA REAL ESTATE
PRACTICE FINAL EXAM
(QUESTIONS WITH VERIFIED
ANSWERS GRADED A+) LATEST
UPDATE 2026
Using time-management to increase income, you should realize that - answer-doubling
"A" time activities should double your income.



What are the advantages of a good time-management program? - answer-Improved
efficiency

Increased income

A release from time pressures



One of the requirements for a real estate salesperson to be regarded as an independent
contractor by the IRS is that the - answer-broker-salesperson contract states that the
salesperson shall be treated as an independent contractor for tax purposes.



Which of the following statements regarding the use of goal-setting is FALSE? - answer-
Once set, goals should never be changed.



Brokers have liability to commission salespeople as to - answer-workers compensation.



The purpose of a broker providing a sliding commission scale that rises as sales volume
increases is to - answer-both motivate salespeople and retain top producers.



If you are going to be buying a new car for real estate sales, you should consider -
answer-a full-sized, four-door car for easy entrance and exit.

,You can find out how things are done in your office by - answer-studying your office
procedure manual.



Which of the following statements regarding mobile home sales is TRUE? - answer-Both
A real estate agent can sell a mobile home in a rental park space and A real estate agent
can sell a mobile home with the land it is sited on.



The following statements are all examples of abstract goals - answer-I will strive to
improve my sales techniques.

I will improve my communication skills.



I will become a better salesperson.



Advertising a home in an area occupied solely by members of a minority group only in
newspapers directed toward that minority group would be regarded as - answer-
steering.



The Civil Rights Act that applied only to race was the - answer-Civil Rights Act of 1866.



A broker may discriminate against a tenant who - answer-neither has AIDS nor has a
guide dog.



The Real Estate Commissioner's suggestions for professional conduct include that the
agent - answer-Report violations of the real estate law to the Bureau of Real Estate.

Stay in close communication with clients or customers.

Submit all written offers in a prompt and timely manner.



The California Act that prohibits discrimination by all California businesses is the -
answer-Unruh Act.



Redlining is prohibited by the - answer-Holden Act.

, The Civil Rights Act of 1968 prohibits - answer-both blockbusting and steering.



Which of the following statements regarding ethics is TRUE? - answer-Ethics tends to
precede the law.



Redlining refers to a refusal to - answer-loan in designated areas.



What is the best test to evaluate if an act is ethical? - answer-The Golden Rule



The Seller Financing Disclosure Statement provided to both buyer and seller provides -
answer-Credit terms.

Disclosure of deferred interest.

A warning as to balloon payments.



An agent need not disclose to a buyer that: - answer-Both a former owner had AIDS or
there was a death by murder or suicide on the property more than 3 years ago.



Compliance with environmental hazards disclosure requires - answer-the buyer sign
that they have received a booklet titled Environmental Hazards: A Guide for
Homeowners, Buyers, Landlords, and Tenants.



An agent's inspection under Easton v. Strassburger (as codified by state statutes)
applies to - answer-Visual inspections.

Accessible areas only.

1 to 4 residential units.



The earthquake safety disclosure statement - answer-both applies to 1 to 4 residential
units and must be signed by buyer and seller.

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Uploaded on
June 27, 2026
Number of pages
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Written in
2025/2026
Type
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