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ACEABLE AGENT REAL ESTATE PRINCIPLES EXAM
BANK 2026 ACTUAL EXAM QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
FREQUENTLY TESTED QUESTIONS
What does CalBRE stand for?
| | | |
California Bureau of Real Estate | | | |
A couple desperately wants to move to Pine Bend, and they
| | | | | | | | | |
like the seller's house, which is listed with a broker. The
| | | | | | | | | | |
couple tells the broker they will "make it worth his while" if he
| | | | | | | | | | | | |
can persuade the sellers to accept their offer, and they send an
| | | | | | | | | | | |
expensive food basket to the broker as a sign of their good
| | | | | | | | | | | |
faith. The broker neglects to mention this to the sellers. This
| | | | | | | | | | |
practice is
| |
a. acceptable.
b. mandated.
c. discouraged.
d. prohibited.
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D. Prohibited.
|
A real estate business that is a partnership can have more than
| | | | | | | | | | |
one office location, provided
| | | |
a. a broker partner obtains an additional license for
| | | | | | |
each location.
| |
b. all partners are real estate licensees.
| | | | |
c. there is a designated broker-officer.| | | |
d. there is at least one partner at each location.
| | | | | | | |
A. A broker partner obtains an additional license for each location.
| | | | | | | | | |
A landlord must follow the legal requirements for an eviction
| | | | | | | | |
a. from leased premises. | |
b. but can shorten the notice required if the tenant agrees.
| | | | | | | | |
c. unless the tenant can be physically removed. | | | | | |
d. unless the housing is government subsidized. | | | | |
A. From a leased premises | | |
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On May 15, a business owner notified her landlord that she
| | | | | | | | | |
would be vacating her retail store location on June 30. The
| | | | | | | | | | |
business owner has a month-to-month periodic tenancy. Until
| | | | | | | |
what date will she incur rent?
| | | | | |
a. June 15 |
b. June 30 |
c. July 15 |
d. July 30 |
B. June 30 |
A salesperson owns 25% of the outstanding shares of Rollo
| | | | | | | | |
Reality Inc and the broker owns the remaining shares. The
| | | | | | | | | |
division of ownership is
| | | |
a. acceptable.
b. mandated.
c. discouraged.
d. prohibited.
A. Acceptable
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A salesperson is part owner of Rollo Realty Inc. In the broker's
| | | | | | | | | | |
absence, the salesperson frequently reviews the work of sales
| | | | | | | | |
associates. This is
| | |
a. acceptable.
b. mandated.
c. discouraged.
d. prohibited.
D. Prohibited
|
The sale or transfer of goods ordinarily held for sale in the
| | | | | | | | | | |
course of business is governed in California by
| | | | | | | |
a. the Business Opportunity Code.
| | |
b. the Commercial Transfer Law.
| | |
c. the Uniform Commercial Code.
| | |
d. the Real Estate Law.
| | |
C. The Uniform Commercial Code
| | |
|e
ACEABLE AGENT REAL ESTATE PRINCIPLES EXAM
BANK 2026 ACTUAL EXAM QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
FREQUENTLY TESTED QUESTIONS
What does CalBRE stand for?
| | | |
California Bureau of Real Estate | | | |
A couple desperately wants to move to Pine Bend, and they
| | | | | | | | | |
like the seller's house, which is listed with a broker. The
| | | | | | | | | | |
couple tells the broker they will "make it worth his while" if he
| | | | | | | | | | | | |
can persuade the sellers to accept their offer, and they send an
| | | | | | | | | | | |
expensive food basket to the broker as a sign of their good
| | | | | | | | | | | |
faith. The broker neglects to mention this to the sellers. This
| | | | | | | | | | |
practice is
| |
a. acceptable.
b. mandated.
c. discouraged.
d. prohibited.
,2 || |P |a |g
|e
D. Prohibited.
|
A real estate business that is a partnership can have more than
| | | | | | | | | | |
one office location, provided
| | | |
a. a broker partner obtains an additional license for
| | | | | | |
each location.
| |
b. all partners are real estate licensees.
| | | | |
c. there is a designated broker-officer.| | | |
d. there is at least one partner at each location.
| | | | | | | |
A. A broker partner obtains an additional license for each location.
| | | | | | | | | |
A landlord must follow the legal requirements for an eviction
| | | | | | | | |
a. from leased premises. | |
b. but can shorten the notice required if the tenant agrees.
| | | | | | | | |
c. unless the tenant can be physically removed. | | | | | |
d. unless the housing is government subsidized. | | | | |
A. From a leased premises | | |
,3 || |P |a |g
|e
On May 15, a business owner notified her landlord that she
| | | | | | | | | |
would be vacating her retail store location on June 30. The
| | | | | | | | | | |
business owner has a month-to-month periodic tenancy. Until
| | | | | | | |
what date will she incur rent?
| | | | | |
a. June 15 |
b. June 30 |
c. July 15 |
d. July 30 |
B. June 30 |
A salesperson owns 25% of the outstanding shares of Rollo
| | | | | | | | |
Reality Inc and the broker owns the remaining shares. The
| | | | | | | | | |
division of ownership is
| | | |
a. acceptable.
b. mandated.
c. discouraged.
d. prohibited.
A. Acceptable
, 4 || |P |a |g
|e
A salesperson is part owner of Rollo Realty Inc. In the broker's
| | | | | | | | | | |
absence, the salesperson frequently reviews the work of sales
| | | | | | | | |
associates. This is
| | |
a. acceptable.
b. mandated.
c. discouraged.
d. prohibited.
D. Prohibited
|
The sale or transfer of goods ordinarily held for sale in the
| | | | | | | | | | |
course of business is governed in California by
| | | | | | | |
a. the Business Opportunity Code.
| | |
b. the Commercial Transfer Law.
| | |
c. the Uniform Commercial Code.
| | |
d. the Real Estate Law.
| | |
C. The Uniform Commercial Code
| | |
