California: Real Estate Principles Practice
Exam 2-A 2025 Questions and Answers
1 of 50 - Ensuring consumers are fully informed of all finance changes and aware of the true annual
interest rate are requirements of which regulation?
A. Article 7
B. RESPA
C. Truth in Lending
D. Uniform Settlement Statement - ANSWER✔✔-C. Truth in Lending
2 of 50 - Patrice and Cornell are completing a sales contract with Mary, their agent. The sales
contract used at Mary's brokerage is preprinted. Mary, as a senior agent, has the authority to waive
one of the brokerage's fees. The fee is explained and preprinted on the contract. Mary simply crosses
it out, writes "waived," and both parties initial. Which overrules the other? The preprinted or
handwritten portions of the contract?
A. The preprinted portions of a contract always take precedence over handwritten.
FOR STUDY PURPOSES ONLY COPYRIGHT © 2025 ALL RIGHTS RESERVED 1
, B. It depends on the portion of the contract and the language involved.
C. Handwritten portions of real estate contracts always supersede preprinted forms.
D. None of the Above. - ANSWER✔✔-C. Handwritten portions of real estate contracts always
supersede preprinted forms.
3 of 50 - Elliot has misrepresented himself by acting in the capacity of a real estate salesperson
without being licensed by the State of California. Elliot had his license revoked three years ago for
unethical actions. Elliot is guilty of what level of violation?
A. Misdemeanor
B. Felony
C. Held accountable in a possible civil suit.
D. Both B and C - ANSWER✔✔-A. Misdemeanor
4 of 50 - The continuing education requirement in California is ____________hours every
__________ years.
A. 45, six
B. 40, five
C. 45, four
D. 6, four - ANSWER✔✔-C. 45, four
FOR STUDY PURPOSES ONLY COPYRIGHT © 2025 ALL RIGHTS RESERVED 2
Exam 2-A 2025 Questions and Answers
1 of 50 - Ensuring consumers are fully informed of all finance changes and aware of the true annual
interest rate are requirements of which regulation?
A. Article 7
B. RESPA
C. Truth in Lending
D. Uniform Settlement Statement - ANSWER✔✔-C. Truth in Lending
2 of 50 - Patrice and Cornell are completing a sales contract with Mary, their agent. The sales
contract used at Mary's brokerage is preprinted. Mary, as a senior agent, has the authority to waive
one of the brokerage's fees. The fee is explained and preprinted on the contract. Mary simply crosses
it out, writes "waived," and both parties initial. Which overrules the other? The preprinted or
handwritten portions of the contract?
A. The preprinted portions of a contract always take precedence over handwritten.
FOR STUDY PURPOSES ONLY COPYRIGHT © 2025 ALL RIGHTS RESERVED 1
, B. It depends on the portion of the contract and the language involved.
C. Handwritten portions of real estate contracts always supersede preprinted forms.
D. None of the Above. - ANSWER✔✔-C. Handwritten portions of real estate contracts always
supersede preprinted forms.
3 of 50 - Elliot has misrepresented himself by acting in the capacity of a real estate salesperson
without being licensed by the State of California. Elliot had his license revoked three years ago for
unethical actions. Elliot is guilty of what level of violation?
A. Misdemeanor
B. Felony
C. Held accountable in a possible civil suit.
D. Both B and C - ANSWER✔✔-A. Misdemeanor
4 of 50 - The continuing education requirement in California is ____________hours every
__________ years.
A. 45, six
B. 40, five
C. 45, four
D. 6, four - ANSWER✔✔-C. 45, four
FOR STUDY PURPOSES ONLY COPYRIGHT © 2025 ALL RIGHTS RESERVED 2
