California
Real Estate Salesperson
Final Assessment (Qns & Ans)
2025
General Instructions
1. Read All Questions Carefully: Make sure you understand each question.
2. Time Management: You have a specific amount of time to complete the exam.
Keep an eye on the clock and pace yourself.
3. Allowed Materials: Only use materials that are explicitly allowed. Unauthorized
materials can lead to disqualification.
4. ANS Format: Follow the required format for your ANS. For example, multiple-
choice questions might need you to select the best ANS, while essay questions
require detailed responses.
5. Academic Integrity: Adhere to the university's honor code. Any form of cheating or
plagiarism is strictly prohibited.
6. Technical Requirements: Ensure your computer and internet connection are
stable. For online exams, you might need a webcam and microphone for proctoring
purposes.
7. Submission: Submit your ANS before the time expires. Late submissions might
not be accepted.
©2024/2025
,1. Which of the following best describes the risk management
process in real estate?
- A) Identification, assessment, and control of risks
- B) Forecasting market trends and pricing
- C) Structuring financing options
- D) Developing marketing strategies
Correct ANS: A
2. What is the purpose of a risk assessment in a real estate
transaction?
- A) To determine a property's market value
- B) To identify potential conflicts of interest
- C) To evaluate potential risks associated with the transaction
- D) To ensure compliance with zoning laws
Correct ANS: C
3. In risk management, what is the term for transferring risk to
another party?
- A) Mitigation
©2024/2025
, - B) Acceptance
- C) Exposure
- D) Transfer
Correct ANS: D
Contract Law
4. What is typically required for a contract to be enforceable?
- A) The presence of a witness
- B) A notary public
- C) Offer, acceptance, and consideration
- D) A registered agent
Correct ANS: C
5. Which of the following is a possible remedy for a breach of
contract?
- A) Revocation
- B) Specific performance
- C) Mediation
- D) Termination
©2024/2025
, Correct ANS: B
6. Which scenario could lead to a contract being declared void?
- A) Misrepresentation of a property's condition
- B) Failure to provide seller disclosures
- C) A party is underage
- D) Lack of market value
Correct ANS: C
The Code of Ethics, Buyer Representation, and Your Value
Proposition
7. According to the Code of Ethics, REALTORS® must operate
under the principle of:
- A) Profit above all
- B) Honesty and integrity
- C) Aggressive marketing
- D) Full disclosure to the seller only
Correct ANS: B
©2024/2025
Real Estate Salesperson
Final Assessment (Qns & Ans)
2025
General Instructions
1. Read All Questions Carefully: Make sure you understand each question.
2. Time Management: You have a specific amount of time to complete the exam.
Keep an eye on the clock and pace yourself.
3. Allowed Materials: Only use materials that are explicitly allowed. Unauthorized
materials can lead to disqualification.
4. ANS Format: Follow the required format for your ANS. For example, multiple-
choice questions might need you to select the best ANS, while essay questions
require detailed responses.
5. Academic Integrity: Adhere to the university's honor code. Any form of cheating or
plagiarism is strictly prohibited.
6. Technical Requirements: Ensure your computer and internet connection are
stable. For online exams, you might need a webcam and microphone for proctoring
purposes.
7. Submission: Submit your ANS before the time expires. Late submissions might
not be accepted.
©2024/2025
,1. Which of the following best describes the risk management
process in real estate?
- A) Identification, assessment, and control of risks
- B) Forecasting market trends and pricing
- C) Structuring financing options
- D) Developing marketing strategies
Correct ANS: A
2. What is the purpose of a risk assessment in a real estate
transaction?
- A) To determine a property's market value
- B) To identify potential conflicts of interest
- C) To evaluate potential risks associated with the transaction
- D) To ensure compliance with zoning laws
Correct ANS: C
3. In risk management, what is the term for transferring risk to
another party?
- A) Mitigation
©2024/2025
, - B) Acceptance
- C) Exposure
- D) Transfer
Correct ANS: D
Contract Law
4. What is typically required for a contract to be enforceable?
- A) The presence of a witness
- B) A notary public
- C) Offer, acceptance, and consideration
- D) A registered agent
Correct ANS: C
5. Which of the following is a possible remedy for a breach of
contract?
- A) Revocation
- B) Specific performance
- C) Mediation
- D) Termination
©2024/2025
, Correct ANS: B
6. Which scenario could lead to a contract being declared void?
- A) Misrepresentation of a property's condition
- B) Failure to provide seller disclosures
- C) A party is underage
- D) Lack of market value
Correct ANS: C
The Code of Ethics, Buyer Representation, and Your Value
Proposition
7. According to the Code of Ethics, REALTORS® must operate
under the principle of:
- A) Profit above all
- B) Honesty and integrity
- C) Aggressive marketing
- D) Full disclosure to the seller only
Correct ANS: B
©2024/2025
