Aceable Agent: California Real Estate -
Practice Assessment Exam Questions +
Verified Answers 100% correct, Update
2026
The DRE has the authority to do all of the following EXCEPT:
A. enforce subdivision laws
B. sentence agents who commit real estate license violations to
prison
C. approve education providers
D. administer licenses -
correct answer ✅B. sentence agents who commit real estate
license violations to prison
Which of the following is an example of an acceptable use of a trust
account?
A. a broker depositing their personal paycheck in the same account
where they deposited a client's earnest money
B. mixing a fiduciary's funds with an agent's personal funds
C. holding earnest money while a transaction is waiting on approval
D. buying a car with a client's money -
correct answer ✅C. holding earnest money while a transaction is
waiting on approval
,Aceable Agent: California Real Estate -
Practice Assessment Exam Questions +
Verified Answers 100% correct, Update
2026
The parties to a signed contract have decided that they want to
change the closing date. The agent will need to prepare a(n):
A. addendum
B. codicil
C. amendment
D. affidavit -
correct answer ✅A. amendment
When real estate costs more due to factors such as an increase in
construction costs, fewer people are willing to buy. This decrease in
willingness to buy is said to be a decrease in:
A: demand
B: supply
C: interest rates
D: money supply -
correct answer ✅A: demand
,Aceable Agent: California Real Estate -
Practice Assessment Exam Questions +
Verified Answers 100% correct, Update
2026
Who determines the listing price for a property?
A: the seller
B: the buyer
C: the buyer's agent
D: the listing agent -
correct answer ✅A: the seller
What enters a home through cracks in the foundation?
A: lead
B: radon gas
C: mold
D: asbestos -
correct answer ✅B: radon gas
Why was the UETA (Uniform Electronic Transactions Act) important
to real estate contracts?
, Aceable Agent: California Real Estate -
Practice Assessment Exam Questions +
Verified Answers 100% correct, Update
2026
A: The UETA said that earnest money must always be held in a trust
or escrow account.
B: The UETA said that there can only be a certain number of
amendments to a contract.
C: The UETA said that electronic signatures are just as legal as
handwritten signatures, and therefore have legally binding status.
D: The UETA said that the legal description is a necessary part of a
real estate contract. -
correct answer ✅C: The UETA said that electronic signatures are
just as legal as handwritten signatures, and therefore have legally
binding status.
The best way to create any agency relationship is to do so:
A: in writing
B: in person
C: verbally
D: through assumptions -
correct answer ✅A: in writing
Practice Assessment Exam Questions +
Verified Answers 100% correct, Update
2026
The DRE has the authority to do all of the following EXCEPT:
A. enforce subdivision laws
B. sentence agents who commit real estate license violations to
prison
C. approve education providers
D. administer licenses -
correct answer ✅B. sentence agents who commit real estate
license violations to prison
Which of the following is an example of an acceptable use of a trust
account?
A. a broker depositing their personal paycheck in the same account
where they deposited a client's earnest money
B. mixing a fiduciary's funds with an agent's personal funds
C. holding earnest money while a transaction is waiting on approval
D. buying a car with a client's money -
correct answer ✅C. holding earnest money while a transaction is
waiting on approval
,Aceable Agent: California Real Estate -
Practice Assessment Exam Questions +
Verified Answers 100% correct, Update
2026
The parties to a signed contract have decided that they want to
change the closing date. The agent will need to prepare a(n):
A. addendum
B. codicil
C. amendment
D. affidavit -
correct answer ✅A. amendment
When real estate costs more due to factors such as an increase in
construction costs, fewer people are willing to buy. This decrease in
willingness to buy is said to be a decrease in:
A: demand
B: supply
C: interest rates
D: money supply -
correct answer ✅A: demand
,Aceable Agent: California Real Estate -
Practice Assessment Exam Questions +
Verified Answers 100% correct, Update
2026
Who determines the listing price for a property?
A: the seller
B: the buyer
C: the buyer's agent
D: the listing agent -
correct answer ✅A: the seller
What enters a home through cracks in the foundation?
A: lead
B: radon gas
C: mold
D: asbestos -
correct answer ✅B: radon gas
Why was the UETA (Uniform Electronic Transactions Act) important
to real estate contracts?
, Aceable Agent: California Real Estate -
Practice Assessment Exam Questions +
Verified Answers 100% correct, Update
2026
A: The UETA said that earnest money must always be held in a trust
or escrow account.
B: The UETA said that there can only be a certain number of
amendments to a contract.
C: The UETA said that electronic signatures are just as legal as
handwritten signatures, and therefore have legally binding status.
D: The UETA said that the legal description is a necessary part of a
real estate contract. -
correct answer ✅C: The UETA said that electronic signatures are
just as legal as handwritten signatures, and therefore have legally
binding status.
The best way to create any agency relationship is to do so:
A: in writing
B: in person
C: verbally
D: through assumptions -
correct answer ✅A: in writing
