Questions And Correct Answers (Verified
Answers) Plus Rationales 2025/2026 Q&A |
Instant Download Pdf
1. What is the primary purpose of the California Bureau of Real Estate
(CalBRE)?
A. To protect the public through regulation of licensees
B. To create real estate investment opportunities
C. To provide mortgage loans to buyers
D. To enforce federal housing laws
CalBRE exists to ensure that real estate licensees act in a manner
that protects the public and adheres to legal standards.
2. Which of the following is required to obtain a California real estate
salesperson license?
A. High school diploma
B. Completion of three college-level real estate courses
C. U.S. citizenship
D. Two years of experience in real estate
Applicants must complete three approved courses: Real Estate
Principles, Real Estate Practice, and one elective.
3. A fiduciary duty includes all of the following EXCEPT:
A. Loyalty
, B. Full disclosure
C. Profit-sharing
D. Confidentiality
Fiduciary duties require acting in the client’s best interest; profit-
sharing is not one of these duties.
4. What is the minimum age requirement to obtain a California real estate
license?
A. 17
B. 18
C. 21
D. 25
Applicants must be at least 18 years old to be eligible.
5. Which of the following is NOT one of the four unities required for joint
tenancy?
A. Time
B. Title
C. Interest
D. Deed
Joint tenancy requires unity of time, title, interest, and possession —
not deed.
6. A real estate broker who mixes personal funds with a client’s funds is guilty
of:
A. Novation
B. Commingling
C. Subrogation
, D. Estoppel
Commingling is illegal and violates fiduciary duties.
7. An agency relationship can be created by all of the following methods
EXCEPT:
A. Express agreement
B. Force of law
C. Ratification
D. Estoppel
Agency cannot be created by force; it must be consensual.
8. Which of the following would terminate an agency relationship?
A. Completion of the purpose of the agency
B. Renewal of the listing
C. Consent of the broker only
D. Death of the client’s neighbor
An agency relationship ends once its purpose is fulfilled.
9. A standard policy of title insurance protects against:
A. Zoning changes
B. Forgery in the chain of title
C. Future building code violations
D. Government taking
Title insurance protects against past title defects like forgery.
10. What is the term for the sudden tearing away of land by natural forces?
A. Accretion
B. Reliction
C. Adverse possession