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California Real Estate Salesperson Question Bank Practice Questions And Correct Answers (Verified Answers) Plus Rationales 2026 Q&A | Instant Download Pdf

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California Real Estate Salesperson Question Bank Practice Questions And Correct Answers (Verified Answers) Plus Rationales 2026 Q&A | Instant Download Pdf

Institution
California Real Estate Salesperson
Course
California Real Estate Salesperson

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California Real Estate
Salesperson Question Bank
Practice Questions And
Correct Answers (Verified
Answers) Plus Rationales 2026
Q&A | Instant Download Pdf
1. Which law primarily governs the licensing of California
real estate salespersons?
A. Civil Rights Act
B. California Real Estate Law
C. Sherman Antitrust Act
D. Federal Housing Act
Answer: B. California Real Estate Law
Rationale: The California Real Estate Law establishes licensing
requirements and regulates real estate professionals.


2. A real estate salesperson must work under:
A. An attorney
B. A licensed real estate broker

,C. A lender
D. A title company
Answer: B. A licensed real estate broker
Rationale: California law requires salespersons to be
supervised by a licensed broker.


3. Which form of ownership includes the right of
survivorship?
A. Tenancy in Common
B. Community Property
C. Joint Tenancy
D. Life Estate
Answer: C. Joint Tenancy
Rationale: Joint tenancy automatically transfers ownership to
surviving joint tenants upon death.


4. Which type of deed provides the greatest protection to
the grantee?
A. Quitclaim Deed
B. Grant Deed
C. Trustee's Deed
D. General Warranty Deed
Answer: D. General Warranty Deed
Rationale: A general warranty deed offers the broadest
warranties against title defects.

,5. What is the purpose of earnest money?
A. Pay commissions
B. Cover closing costs
C. Demonstrate the buyer's good faith
D. Pay property taxes
Answer: C. Demonstrate the buyer's good faith
Rationale: Earnest money shows the buyer's serious intent to
complete the purchase.


6. A listing agreement is best described as:
A. A deed
B. An employment contract
C. A lease
D. A mortgage
Answer: B. An employment contract
Rationale: A listing agreement creates an agency relationship
between seller and broker.


7. Which listing gives one broker the exclusive right to earn
compensation regardless of who finds the buyer?
A. Open Listing
B. Net Listing
C. Exclusive Right-to-Sell Listing
D. Exclusive Agency Listing

, Answer: C. Exclusive Right-to-Sell Listing
Rationale: The broker earns a commission regardless of who
procures the buyer.


8. Real property includes:
A. Furniture
B. Appliances not attached
C. Land and permanently attached improvements
D. Cash deposits
Answer: C. Land and permanently attached improvements
Rationale: Real property consists of land and fixtures
permanently attached.


9. Personal property is also known as:
A. Realty
B. Chattel
C. Fixture
D. Estate
Answer: B. Chattel
Rationale: Chattel refers to movable personal property.


10. Which is an example of a fixture?
A. Sofa
B. Refrigerator on wheels

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California Real Estate Salesperson
Course
California Real Estate Salesperson

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