Prepare for the California Real Estate Salesperson State Exam with this complete 2025 practice test and answer key. Covers appraisal, finance, contracts, fair housing, licensing, and more. Ideal for students, agents, and exam candidates.

Real Estate Salesperson California State
Exam with correct answers 2025


Whichvofvthevfollowingvisvmostvvitalvorvimportantvinvplanningvavsubdivision:v-vcorrect-answersv-
MarketvAnalysis



Whenvrentvisvcomputedvonvthevgrossvsalesvofvavbusinessvoccupyingvrealvproperty,vthevleasevisvcorre
ctlyvtermed:v-vcorrect-answersv-PercentagevLease



Whatvisvnotvanvadequatevmethodvofvtransferringvproperty?v-vcorrect-answersv-ExecutivevSale



Whatvisvconsideredvpersonalvproperty?v-vcorrect-answersv-ExistingvMortgage



Ifvanvincomevpropertyvisvvaluedvatv$100,000vbasedvonvanv8%vcapitalizationvrate,vwhatvwouldvbevth
evvaluevofvthevpropertyvifvav10%vreturnvisvrequired:v-vcorrect-answersv-$80,000



$100,000vValuevofvProperty

xv0.08vCapitalizationvRate

=$8,000vNetvIncome

,$8,000vNetvIncomev

÷v0.10vofvReturn

=$80,000vValuevofvProperty



Thevvaluevofvthevbestvpropertyvinvthevneighborhoodvwillvbevadverselyvaffectedvbyvthevpresencevofv
comparativelyvsubstandardvpropertyvisvavstatementvrelatingvtovvaluevandvisvknowvasvthevPrinciplev
of:v-vcorrect-answersv-Regression



Whichvofvthevfollowingvactionsvorveventsvwouldvresultvinvthevterminationvofvavsalesvescrow:v-
vcorrect-answersv-Mutualvconsentvofvthevparties




Thevmeasurevofvgoodsvandvservicesvproducedvbyvthevnationvduringvanyvonevcalendarvyearvisvthevde
finitionvofvwhichvofvthevfollowing:v-vcorrect-answersv-GrossvNationalvProduct



Anveasementvonvrealvpropertyvcanvbevterminatedvby:v-vcorrect-answersv-
Avreleasevsignedvbyvthevholdervofvthevdominantvtenement



Anvappraiser'svnarrativevappraisalvreportvofvavsingle-
familyvresidencevprobablyvwouldvcontainvnovreferencevto:v-vcorrect-answersv-
Thevtypevofvfinancingvavailable



Whenvidenticalvorvhighlyvsimilarvpropertiesvarevofferedvforvsale,vthevpropertyvofferedvatvthevlowerv
pricevattractsvthevgreatestvdemand.vThatvstatementvisvanvillustrationvofvwhichvofvthevfollowingvprin
ciplesvofvappraising:v-vcorrect-answersv-Substitution



Whenvthevpublicvrecordsvhavevbeenvexaminedvinvordervtovdeterminevthevchainvofvtitlevtovavparcelv
ofvrealvproperty,vavwrittenvsummaryvofvthatvchainvofvtitlevisvknownvas:v-vcorrect-answersv-
Anvabstractvofvtitle

, Thevremedyvofvunlawfulvdetainervactionvisvusedvbyvoffended:v-vcorrect-answersv-Lessors



Freeholdvestatesvwouldvincludevwhichvofvthevfollowing:v-vcorrect-answersv-Avlifevestate



Ifvavlendervacceptsvavdeedvinvlieuvofvforeclosurevfromvavtrustor,vthevlender:v-vcorrect-answersv-
Willvassumevanyvjuniorvliens



Whichvofvthevfollowingvwouldvusuallyvbevtruevconcerningvavhardvmoneyvsecondvtrustvdeed:v-
vcorrect-answersv-It'svsecuredvbyvrealvestatevandvgivenvtovavthirdvpartyvtovobtainvavcashvloan




Bettyvisvbeneficiaryvofvav$15,000vdeedvofvtrustvonvavsingle-
familyvhomevlocatedvinvLongvBeach,vCA.vTrustorvMilovmadev$2,000vinvpayments,vthenvdefaulted.vA
tvavtrustee'svsale,vthevpropertyvsoldvforv$10,000,vresultingvinvav$3,000vdeficiency.vInvCalifornia,vavde
ficiencyvjudgementvcannotvbevobtained:v-vcorrect-answersv-Invanyvofvthevbelowvsituations.



-Ifvthevsecurityvisvavpurchase-moneyvtrustvdeed.

-Ifvremedyvofvtrustee'svsalesvisvused.

-Ifvfairvmarketvvaluevofvthevpropertyvexceedsvthevamountvduevonvthevtrustvdeed.



Whatvstatevagencyvwouldvavconsumervcontactvinvordervtovobtainvavwrittenvreportvdisclosingvthevpr
esencevofvwoodvdestroyingvorganisms?v-vcorrect-answersv-StructuralvPestvControlvBoard



Whenvavlendervonvavgraduatedvpaymentvmortgagevisvmakingvdisclosuresvthatvarevrequiredvundervt
hevTruth-in-LendingvLawvconcerningvadvertisingvhevmustvdisclosevthe:v-vcorrect-answersv-
Lender'svName



Avclausevinvavmortgagevstatingvthatvthevrightsvofvthevmortgageevshallvbevsecondaryvtovavsubsequen
tvmortgagevisvcalled:v-vcorrect-answersv-Nonevofvthevabove