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Exam (elaborations)

CA Real Estate Practice Exam 2025 Questions and Answers

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CA Real Estate Practice Exam 2025 Questions and Answers

Institution
California Real Estate
Course
California Real Estate











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Institution
California Real Estate
Course
California Real Estate

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Uploaded on
June 2, 2025
Number of pages
46
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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CA Real Estate Practice Exam 2025
Questions and Answers


A-frame style - ANSWER✔✔-The triangular-shaped roof that goes all the way to the ground on

two sides of the house gives this housing style its name. This style is ideal for cold, snowy regions.


acceptance - ANSWER✔✔-An unqualified agreement to the terms of an offer.


accrued - ANSWER✔✔-Accumulated over a period of time.


acknowledgment - ANSWER✔✔-A signed statement, made before a notary public, by a person

who has signed an instrument which states that the signing was voluntary.


action plan - ANSWER✔✔-This lists the tasks you must perform to accomplish a particular goal.


activity chart - ANSWER✔✔-A daily chart listing every activity, including non-job related tasks


addendum - ANSWER✔✔-Additional documents attached to and made part of a contract.


adobe bricks - ANSWER✔✔-Bricks made from a mixture of clay and straw, which were dried in the

sun rather than in a kiln.


advertising - ANSWER✔✔-The mode and frequency through which someone com-municates a

marketing concept.


FOR STUDY PURPOSES ONLY COPYRIGHT © 2025 ALL RIGHTS RESERVED 1

,advertising coordinator - ANSWER✔✔-This person makes sure every listing gets its share of

advertising time and creates flyers and brochures for team listings. This person must be creative as

well as technically skilled.


after-the-fact-referral fees (ATFs) - ANSWER✔✔-Fees requested after a sales associate has

established a relationship with a buyer or seller.


agency relationship - ANSWER✔✔-A special relationship of trust by which one person (agent) is

authorized to conduct business, sign papers, or otherwise act on behalf of another person

(principal).


agent - ANSWER✔✔-A person who acts for and in the place of another, called a principal, for the

purpose of affecting the principal's legal relationship with third persons.


agreement - ANSWER✔✔-A mutual exchange of promises (either written or oral). Although often

synonymous with a contract, technically it denotes mutual promises that fail as a contract for lack of

consideration.


agreement of sale - ANSWER✔✔-A contract for the sale of real property where the seller gives up

possession, but retains the title until the purchase price is paid in full. Also called contract for sale or

land contract.


all-cash transaction - ANSWER✔✔-Transaction that closes quickly because the buyers do not have

to complete the loan qualification process.


allocate - ANSWER✔✔-To assign or set apart for a specific purpose.


amenities - ANSWER✔✔-Features that add value to a property.



FOR STUDY PURPOSES ONLY COPYRIGHT © 2025 ALL RIGHTS RESERVED 2

,American Foursquare style - ANSWER✔✔-This practical housing style is a sub-style of the Prairie.

They are simple, space-efficient, and box-shaped, with a wide porch across the entire front of the

house.


appreciation - ANSWER✔✔-(1) An increase in the worth or value of property. (2) The increase in

market value of real estate. (3) An increase in property value with the passage of time.


arbitrator - ANSWER✔✔-In a dispute, the parties hire a neutral person to listen to each side. The

arbitrator may award a binding decision on all parties to the dispute.


Architectural style - ANSWER✔✔-Generally the appearance and character of a building's design

and construction.


Art Deco style - ANSWER✔✔-This housing style was popular in the early 1900s. It is angular and

boxy with a flat roof and simple, clean lines. Glass blocks, metals, and plastics are used extensively.


Art Moderne style - ANSWER✔✔-A simple housing style with a horizontal, cube-like shape and a

flat roof and rounded corners. The exterior walls are smooth stucco with rounded corners.


"as is" - ANSWER✔✔-Term stating the property is being sold exactly as it is found, without seellar

warranties.


associate licensee - ANSWER✔✔-Another term used for a licensed real estate salesperson employed

by a licensed real estate broker.


assumption of mortgage - ANSWER✔✔-The taking of a title to property by a grantee wherein

grantee assumes liability for payment of an existing note secured by a mortgage or deed of trust

against the property, becoming a co-guarantor for the payment of a mortgage or deed of trust note.



FOR STUDY PURPOSES ONLY COPYRIGHT © 2025 ALL RIGHTS RESERVED 3

, attorney-in-fact - ANSWER✔✔-(1) The person holding the power of attorney. (2) A com-petent

and disinterested person who is authorized by another person to act in his or her place in legal

matters.


auto dialer (automatic telephone dialing systems) - ANSWER✔✔-Computerized or prerecorded

messages and equipment that can generate and dial telephone or cell phone numbers randomly or

sequentially.


awning window - ANSWER✔✔-A window that is hinged at the top and opens out.


Baby Boomers - ANSWER✔✔-Individuals born between 1943 and 1960. Currently the largest

generation in the history of the nation.


bay window - ANSWER✔✔-A window that protrudes from the exterior of a building, leaving a

recess within.


bilateral contract - ANSWER✔✔-An agreement in which each person promises to perform an act in

exchange for another person's promise to perform.


bilateral instructions - ANSWER✔✔-One set of escrow instructions signed by both the seller and

buyer.


blind advertising - ANSWER✔✔-Advertising that fails to disclose that the party is a licensee acting

as an agent.


blockbusting - ANSWER✔✔-The illegal practice of telling people that property values in a

neighborhood will decline because of a specific event, such as the purchase of homes by minorities.




FOR STUDY PURPOSES ONLY COPYRIGHT © 2025 ALL RIGHTS RESERVED 4

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