CALIFORNIA REAL ESTATE PRACTICE FINAL
EXAM (QUESTIONS & ANSWERS)LATEST
2025/2026|GRADED A+|100% CORRECT
Using time-management to increase income, you should realize that -
ANSWER doubling "A" time activities should double your income.
What are the advantages of a good time-management program? - ANSWER Improved
efficiency
Increased income
A release from time pressures
One of the requirements for a real estate salesperson to be regarded as an independent
contractor by the IRS is that the - ANSWER broker-salesperson contract states that the
salesperson shall be treated as an independent contractor for tax purposes.
Which of the following statements regarding the use of goal-setting is FALSE? -
ANSWER Once set, goals should never be changed.
Brokers have liability to commission salespeople as to - ANSWER workers
compensation.
The purpose of a broker providing a sliding commission scale that rises as sales volume
increases is to - ANSWER both motivate salespeople and retain top producers.
If you are going to be buying a new car for real estate sales, you should consider -
ANSWER a full-sized, four-door car for easy entrance and exit.
You can find out how things are done in your office by - ANSWER studying your office
procedure manual.
1
Wicky
,Which of the following statements regarding mobile home sales is TRUE? -
ANSWER Both A real estate agent can sell a mobile home in a rental park space and A
real estate agent can sell a mobile home with the land it is sited on.
The following statements are all examples of abstract goals - ANSWER I will strive to
improve my sales techniques.
I will improve my communication skills.
I will become a better salesperson.
Advertising a home in an area occupied solely by members of a minority group only in
newspapers directed toward that minority group would be regarded as -
ANSWER steering.
The Civil Rights Act that applied only to race was the - ANSWER Civil Rights Act of
1866.
A broker may discriminate against a tenant who - ANSWER neither has AIDS nor has a
guide dog.
The Real Estate Commissioner's suggestions for professional conduct include that the agent -
ANSWER Report violations of the real estate law to the Bureau of Real Estate.
Stay in close communication with clients or customers.
Submit all written offers in a prompt and timely manner.
The California Act that prohibits discrimination by all California businesses is the -
ANSWER Unruh Act.
Redlining is prohibited by the - ANSWER Holden Act.
2
Wicky
, The Civil Rights Act of 1968 prohibits - ANSWER both blockbusting and steering.
Which of the following statements regarding ethics is TRUE? - ANSWER Ethics tends to
precede the law.
Redlining refers to a refusal to - ANSWER loan in designated areas.
What is the best test to evaluate if an act is ethical? - ANSWER The Golden Rule
The Seller Financing Disclosure Statement provided to both buyer and seller provides -
ANSWER Credit terms.
Disclosure of deferred interest.
A warning as to balloon payments.
An agent need not disclose to a buyer that: - ANSWER Both a former owner had AIDS
or there was a death by murder or suicide on the property more than 3 years ago.
Compliance with environmental hazards disclosure requires - ANSWER the buyer sign
that they have received a booklet titled Environmental Hazards: A Guide for Homeowners,
Buyers, Landlords, and Tenants.
An agent's inspection under Easton v. Strassburger (as codified by state statutes) applies to -
ANSWER Visual inspections.
Accessible areas only.
1 to 4 residential units.
The earthquake safety disclosure statement - ANSWER both applies to 1 to 4
residential units and must be signed by buyer and seller.
3
Wicky
EXAM (QUESTIONS & ANSWERS)LATEST
2025/2026|GRADED A+|100% CORRECT
Using time-management to increase income, you should realize that -
ANSWER doubling "A" time activities should double your income.
What are the advantages of a good time-management program? - ANSWER Improved
efficiency
Increased income
A release from time pressures
One of the requirements for a real estate salesperson to be regarded as an independent
contractor by the IRS is that the - ANSWER broker-salesperson contract states that the
salesperson shall be treated as an independent contractor for tax purposes.
Which of the following statements regarding the use of goal-setting is FALSE? -
ANSWER Once set, goals should never be changed.
Brokers have liability to commission salespeople as to - ANSWER workers
compensation.
The purpose of a broker providing a sliding commission scale that rises as sales volume
increases is to - ANSWER both motivate salespeople and retain top producers.
If you are going to be buying a new car for real estate sales, you should consider -
ANSWER a full-sized, four-door car for easy entrance and exit.
You can find out how things are done in your office by - ANSWER studying your office
procedure manual.
1
Wicky
,Which of the following statements regarding mobile home sales is TRUE? -
ANSWER Both A real estate agent can sell a mobile home in a rental park space and A
real estate agent can sell a mobile home with the land it is sited on.
The following statements are all examples of abstract goals - ANSWER I will strive to
improve my sales techniques.
I will improve my communication skills.
I will become a better salesperson.
Advertising a home in an area occupied solely by members of a minority group only in
newspapers directed toward that minority group would be regarded as -
ANSWER steering.
The Civil Rights Act that applied only to race was the - ANSWER Civil Rights Act of
1866.
A broker may discriminate against a tenant who - ANSWER neither has AIDS nor has a
guide dog.
The Real Estate Commissioner's suggestions for professional conduct include that the agent -
ANSWER Report violations of the real estate law to the Bureau of Real Estate.
Stay in close communication with clients or customers.
Submit all written offers in a prompt and timely manner.
The California Act that prohibits discrimination by all California businesses is the -
ANSWER Unruh Act.
Redlining is prohibited by the - ANSWER Holden Act.
2
Wicky
, The Civil Rights Act of 1968 prohibits - ANSWER both blockbusting and steering.
Which of the following statements regarding ethics is TRUE? - ANSWER Ethics tends to
precede the law.
Redlining refers to a refusal to - ANSWER loan in designated areas.
What is the best test to evaluate if an act is ethical? - ANSWER The Golden Rule
The Seller Financing Disclosure Statement provided to both buyer and seller provides -
ANSWER Credit terms.
Disclosure of deferred interest.
A warning as to balloon payments.
An agent need not disclose to a buyer that: - ANSWER Both a former owner had AIDS
or there was a death by murder or suicide on the property more than 3 years ago.
Compliance with environmental hazards disclosure requires - ANSWER the buyer sign
that they have received a booklet titled Environmental Hazards: A Guide for Homeowners,
Buyers, Landlords, and Tenants.
An agent's inspection under Easton v. Strassburger (as codified by state statutes) applies to -
ANSWER Visual inspections.
Accessible areas only.
1 to 4 residential units.
The earthquake safety disclosure statement - ANSWER both applies to 1 to 4
residential units and must be signed by buyer and seller.
3
Wicky
