REAL ESTATE PRACTICE EXAM 309+ COMPLETE EXAM QUESTIONS AND ANSWERS 100% VERIFIED A+ GRADE ASSURED!!!!! NEW LATEST UPDATE!!!!!

$15.99

Preview 4 out of 65 pages

Exam (elaborations)

REAL ESTATE PRACTICE EXAM 309+ COMPLETE EXAM QUESTIONS AND ANSWERS 100% VERIFIED A+ GRADE ASSURED!!!!! NEW LATEST UPDATE!!!!!

0.0

(0 reviews)

- sold

65 pages

2026/2027

Institution REAL ESTATE PRACTICE

Course REAL ESTATE PRACTICE

Preview 4 out of 65 pages

REAL ESTATE PRACTICE EXAM 309+ COMPLETE EXAM QUESTIONS AND ANSWERS 100% VERIFIED A+ GRADE ASSURED!!!!! NEW LATEST UPDATE!!!!!

Content preview

FINAL EXAMINATION PAPER dd dd

dd REAL ESTATE PRACTICE EXAM QUESTIONS ANSWERS
dd dd dd dd dd

STUDENT NAME: ________________________________
dd dd DATE: _____________
dd

COURSE: Real Estate 30 Hour Post License Exams
dd dd dd dd dd dd dd TIME: _____________
dd

EXAM CODE: REAL ESTATE PRACTICE EXAM QUESTIO
dd dd dd dd dd dd

NS ANSWERS-101
dd

EXAM INSTRUCTIONS: dd

1. Print your full name and date clearly in the header above.
dd dd dd dd dd dd dd dd dd dd dd

2. This exam booklet contains both Test Questions (Part I) and Verified Solutions (Part II).
dd dd dd dd dd dd dd dd dd dd dd dd dd dd

3. Answer all multiple-choice questions clearly. Double-check your work.
dd dd dd dd dd dd dd dd

4. Do not break the seal or open this booklet until instructed to do so by the proctor.
dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd

Q1. Term dddd

[Verified Solution]: Definition dd dddd

Q2. What term describes a licensee who is empowered to act for another broker in performin
dddd dd dd dd dd dd dd dd dd dd dd dd dd dd dd

g real estate brokerage tasks for a principal?
dd dd dd dd dd dd dd

A. single agent
dd dd

B. fiduciary
dd

C. dual agent
dd dd

D. subagent
dd

[Verified Solution]: d dd dddd

Q3. What form must a veteran provide that shows the amount of entitlement available when
dddd dd dd dd dd dd dd dd dd dd dd dd dd dd dd

purchasing a home with DVA? dd dd dd dd

A. discharge paper
dd dd

B. entitlement form
dd dd

C. certificate of eligibility
dd dd dd

D. DVA Purchase Agreement
dd dd dd

[Verified Solution]: c dd dddd

Q4. What type of loan is generally viewed as the most secure?
dddd dd dd dd dd dd dd dd dd dd dd

A. conventional loan
dd dd

B. USDA loan
dd dd

,C. FHA loan
dd dd

D. VA loan
dd dd

[Verified Solution]: a dd dddd

Q5. When a person sells a property and then leases or rents it from the new property owner,
dddd dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd

it is known as
dd dd dd

A. an assumption
dd dd

B. a lien
dd dd

C. a seller leaseback
dd dd dd

D. a no-cost loan
dd dd dd

[Verified Solution]: c dd dddd

Q6. A popular way to avoid having to pay private mortgage insurance is through the use of
dddd dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd

A. 80-10-10 financing
dd dd

B. single premium financing
dd dd dd

C. borrower-paid PMI
dd dd

D. 70-30 financing
dd dd

[Verified Solution]: a dd dddd

Q7. What does the real estate term "caveat emptor" mean?
dddd dd dd dd dd dd dd dd dd

A. best offer
dd dd

B. buyer beware
dd dd

C. consent
dd

D. government right to seize
dd dd dd dd

[Verified Solution]: b dd dddd

Q8. What should a buyer do if a home inspection report mentions anything about mold or wa
dddd dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd

ter damage?
dd

A. hire an attorney
dd dd dd

B. get a separate mold inspection
dd dd dd dd dd

C. hire a remediation expert
dd dd dd dd

D. get a warranty
dd dd dd

[Verified Solution]: b dd dddd

Q9. What is a common technique that is used when the buyer borrows from the seller in addi
dddd dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd

tion to the lender?
dd dd dd

A. a purchase money loan
dd dd dd dd

,B. an RHS loan
dd dd dd

C. a nonconforming loan
dd dd dd

D. a government insured loan
dd dd dd dd

[Verified Solution]: a dd dddd

Q10. Consensual dual agency requires the licensee to obtain the written consent of
dddd dd dd dd dd dd dd dd dd dd dd dd

A. the lender
dd dd

B. the buyer and the seller
dd dd dd dd dd

C. the seller
dd dd

D. the buyer
dd dd

[Verified Solution]: b dd dddd

Q11. What fee is a percentage of the loan amount charged for the privilege of obtaining a VA
dddd dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd d

loan?
d

A. documentation fee
dd dd

B. funding fee
dd dd

C. origination fee
dd dd

D. review fee
dd dd

[Verified Solution]: b dd dddd

Q12. The largest amount a seller can pay of a VA purchaser's closing costs is what percent?
dddd dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd

A. 0.25 dd

B. 0.75 dd

C. 0.8 dd

D. 1 dd

[Verified Solution]: d dd dddd

Q13. What type of communication is the language a person relays to others through facial ex
dddd dd dd dd dd dd dd dd dd dd dd dd dd dd dd

pressions, eye contact, body movements, and other elements?
dd dd dd dd dd dd dd

A. nonverbal communication
dd dd

B. interpersonal communication
dd dd

C. oral communication
dd dd

D. written communication
dd dd

[Verified Solution]: a dd dddd

Q14. Alabama appears to be more susceptible to increased radon levels in certain areas thank
dddd dd dd dd dd dd dd dd dd dd dd dd dd dd

s to a type of carbonate rock called
dd dd dd dd dd dd dd

, A. calcite
dd

B. karst
dd

C. aragonite
dd

D. dolostone
dd

[Verified Solution]: b dd dddd

Q15. A VA guaranteed loan origination fee cannot exceed what percent of the loan amount?
dddd dd dd dd dd dd dd dd dd dd dd dd dd dd

A. 1%
dd

B. 10%
dd

C. 20%
dd

D. 25%
dd

[Verified Solution]: a dd dddd

Q16. AREC will fine and/or withdraw a salesperson or broker's license if he or she misrepres
dddd dd dd dd dd dd dd dd dd dd dd dd dd dd dd

ents
A. the brokerage
dd dd

B. MLS
dd

C. the seller's interests
dd dd dd

D. any latent structural defect in a used property transaction
dd dd dd dd dd dd dd dd dd

[Verified Solution]: d dd dddd

Q17. What is the most popular program under FHA insured financing? a) b)
dddd dd dd dd dd dd dd dd dd dd dd dd

A. FHA 245(
dd dd

B. FHA 203(
dd dd

C. ARM
dd

D. FHA 203(k)
dd dd

[Verified Solution]: b dd dddd

Q18. During the initial phone conversation or visit with the buyers, the agent needs to obtain
dddd dd dd dd dd dd dd dd dd dd dd dd dd dd dd dd

information about dd

A. specific geographical areas
dd dd dd

B. personal finances
dd dd

C. what the buyer wants and needs
dd dd dd dd dd dd

D. the amount of down payment a buyer has
dd dd dd dd dd dd dd dd

[Verified Solution]: C dd dddd

Document information

Uploaded on: August 4, 2026
Number of pages: 65
Written in: 2026/2027
Type: Exam (elaborations)
Contains: Questions & answers

Report Copyright Violation

$15.99

Written by students who passed

Immediately available after payment

Read online or as PDF

BrainBurst

4.3

(77)

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions

Can't I just make this for free with AI?

AI tools give you vast, general information. They don't know your course, your professor, or what actually gets asked in your exam. This document was written by a fellow student who understood the nuances of exactly this course and passed it. You get focused, curated study material, not a generic starting point you still have to rework.

Is this document still relevant for my course?

Every document shows the academic year, the linked textbook, and the institution, so you can check upfront whether it matches your course. Take a look at the free preview too to see if it fits.

What if the document isn't what I hoped?

No worries! If you change your mind within 14 days of purchase and have not downloaded the document yet, you will get a refund. Your purchase is completely risk-free.

Who am I actually buying from?

Stuvia is a marketplace: you buy directly from the student who created the document. Stuvia handles payment securely and backs every purchase with the free exchange guarantee, so you never take on any risk.

Will I be stuck with a subscription?

No. You pay $15.99 once for this document and nothing more. No subscription, no auto-renewal, no fine print.

What do I get when I buy this document?

You get a PDF that is available immediately after payment. You can read the document online or download it, and it stays accessible through your profile indefinitely.

Why can I trust Stuvia?

4.6 stars on Google and Trustpilot from over 2,000 reviews. In the past 30 days 30978 documents were sold through Stuvia internationally. And we have been doing this for 16 years now. Every document also shows its rating and how many times it has been sold.

REAL ESTATE PRACTICE EXAM 309+ COMPLETE EXAM QUESTIONS AND ANSWERS 100% VERIFIED A+ GRADE ASSURED!!!!! NEW LATEST UPDATE!!!!!

Content preview

Document information

More like this

Why students choose Stuvia

Created by fellow students, verified by reviews

Didn't get what you expected? Choose another document

Pay as you like, start learning right away

Working on your references?

Frequently asked questions

Can't I just make this for free with AI?

Is this document still relevant for my course?

What if the document isn't what I hoped?

Who am I actually buying from?

Will I be stuck with a subscription?

What do I get when I buy this document?

Why can I trust Stuvia?

REAL ESTATE PRACTICE EXAM 309+ COMPLETE EXAM QUESTIONS AND ANSWERS 100% VERIFIED A+ GRADE ASSURED!!!!! NEW LATEST UPDATE!!!!!

Content preview

Document information

Browse related subjects

Subjects

Why students choose Stuvia

Created by fellow students, verified by reviews

Didn't get what you expected? Choose another document

Pay as you like, start learning right away

Working on your references?

Frequently asked questions

Can't I just make this for free with AI?

Is this document still relevant for my course?

What if the document isn't what I hoped?

Who am I actually buying from?

Will I be stuck with a subscription?

What do I get when I buy this document?

Why can I trust Stuvia?