California Real Estate Exam Questions
and Answers Graded A+
How is an individual selected to act as Real Estate Commissioner? - Correct
answer-The individual is appointed by the governor
What does the Real Estate Advisory Commission do? - Correct answer-Discusses
real estate policy and makes recommendations to the Commissioner
What is the California Bureau of Real Estate (CalBRE) responsible for? - Correct
answer-Regulating the real estate industry
Where can California real estate law be found? - Correct answer-In the Business
and Professions Code
Which real estate brokerage ownership types require a separate license? - Correct
answer-Corporations only
Which of these parties must obtain a real estate license before performing real
estate activities? - Correct answer-Persons representing buyers or sellers who will
receive compensation for their services
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,Which of the following statements best describes a sole proprietor? - Correct
answer-A brokerage owned by a single person
You've been studying real estate for a while and are a few weeks from taking the
exam and getting your real estate license. Which activities are you able to do? -
Correct answer-Negotiate and buy your own property.
Adam is an unlicensed assistant working with Sarah, a licensed salesperson. The
following tasks are on their plates. Which of these actions can only Sarah
performed? - Correct answer-Showing the property to prospective buyers
Which real estate brokerage ownership types may do business under a fictitious
name? - Correct answer-Sole proprietorships, partnerships, and corporations
Amy acts like a salesperson and is supervised by a broker, but she holds her
broker's license. What is her job title? - Correct answer-Associate broker
What are common ownership structures for real estate brokerages? - Correct
answer-Sole proprietorships, partnerships, and corporations
What must be true for a partnership to conduct real estate activities? - Correct
answer-At least one partner must hold a broker license
You decide to help negotiate the sale price of a buddy's place even though you
don't yet have a license. After the sale he pays you $50 in appreciation for your
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, efforts. Why would this be considered an illegal activity? - Correct answer-
Because you cannot accept any amount of compensation for negotiating the sale
price of a home that is not your own without a license.
How many hours of continuing education must a licensee complete in order to
renew their real estate license? - Correct answer-45 hours
What must take place if a real estate salesperson wants to transfer their license to a
new sponsoring broker? - Correct answer-The existing sponsoring broker must
notify CalBRE and give the salesperson their license certificate. The salesperson
and new sponsoring broker complete a change application.
Al is 70 years old and has held his real estate broker license in good standing for
30 consecutive years. His license is up for renewal soon. How many continuing
education hours must he complete? - Correct answer-0 hours
Which federal act requires states to pass laws relating to mortgage loan originator
(MLO) endorsements? - Correct answer-SAFE Act
Jackson holds a real estate broker license with an MLO endorsement. How many
hours of continuing education must he complete each year to renew this
endorsement? - Correct answer-Eight hours
MLO - Correct answer-Mortgage Loan Originator
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
and Answers Graded A+
How is an individual selected to act as Real Estate Commissioner? - Correct
answer-The individual is appointed by the governor
What does the Real Estate Advisory Commission do? - Correct answer-Discusses
real estate policy and makes recommendations to the Commissioner
What is the California Bureau of Real Estate (CalBRE) responsible for? - Correct
answer-Regulating the real estate industry
Where can California real estate law be found? - Correct answer-In the Business
and Professions Code
Which real estate brokerage ownership types require a separate license? - Correct
answer-Corporations only
Which of these parties must obtain a real estate license before performing real
estate activities? - Correct answer-Persons representing buyers or sellers who will
receive compensation for their services
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
,Which of the following statements best describes a sole proprietor? - Correct
answer-A brokerage owned by a single person
You've been studying real estate for a while and are a few weeks from taking the
exam and getting your real estate license. Which activities are you able to do? -
Correct answer-Negotiate and buy your own property.
Adam is an unlicensed assistant working with Sarah, a licensed salesperson. The
following tasks are on their plates. Which of these actions can only Sarah
performed? - Correct answer-Showing the property to prospective buyers
Which real estate brokerage ownership types may do business under a fictitious
name? - Correct answer-Sole proprietorships, partnerships, and corporations
Amy acts like a salesperson and is supervised by a broker, but she holds her
broker's license. What is her job title? - Correct answer-Associate broker
What are common ownership structures for real estate brokerages? - Correct
answer-Sole proprietorships, partnerships, and corporations
What must be true for a partnership to conduct real estate activities? - Correct
answer-At least one partner must hold a broker license
You decide to help negotiate the sale price of a buddy's place even though you
don't yet have a license. After the sale he pays you $50 in appreciation for your
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
, efforts. Why would this be considered an illegal activity? - Correct answer-
Because you cannot accept any amount of compensation for negotiating the sale
price of a home that is not your own without a license.
How many hours of continuing education must a licensee complete in order to
renew their real estate license? - Correct answer-45 hours
What must take place if a real estate salesperson wants to transfer their license to a
new sponsoring broker? - Correct answer-The existing sponsoring broker must
notify CalBRE and give the salesperson their license certificate. The salesperson
and new sponsoring broker complete a change application.
Al is 70 years old and has held his real estate broker license in good standing for
30 consecutive years. His license is up for renewal soon. How many continuing
education hours must he complete? - Correct answer-0 hours
Which federal act requires states to pass laws relating to mortgage loan originator
(MLO) endorsements? - Correct answer-SAFE Act
Jackson holds a real estate broker license with an MLO endorsement. How many
hours of continuing education must he complete each year to renew this
endorsement? - Correct answer-Eight hours
MLO - Correct answer-Mortgage Loan Originator
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
