Test your basic knowledge |

California Real Estate Test

Subject : certifications
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Liquidated damages






2. The maximum commission a broker may charge a seller for the sale of residential income property






3. Bequest






4. Salesperson can only work for...






5. Instrument






6. Agency by ratification


7. Bilateral contract






8. TTIP






9. Abstract of judgment


10. Agency






11. Amendments to the escrow instructions






12. 1 square mile =






13. NAIFA






14. Unruh Civil Rights Act - California






15. Fair Employment and Housing Act






16. FIRPTA






17. FSBO's






18. FNMA






19. Major repairs in the past 5 years ( house for sale )...






20. Township






21. REEA






22. Housing Financial Discrimination Act of 1977 (Holden Act)






23. Attorney-in-fact






24. Assuming a loa


25. Meridians






26. The Recovery Account






27. Ademption






28. Tax delinquent real property not redeemed by the owner during the five-year statutory redemption period...






29. Ad valorum taxes






30. Real property is synonymous with...






31. PITI






32. Administrative Procedure Act






33. GNMA






34. Bilateral contract - p4p






35. A tenancy in common






36. Blockbusting






37. Bankruptcy






38. Blind ad






39. 3 years - broker documents






40. Three most common methods of describing property






41. Deed of reconveyance






42. amortized note






43. Agent






44. Accretion






45. Institutional advertising


46. A valid deed does not have to contain


47. Assignment of contract






48. Bulk zoning






49. vendor (term in real estate)






50. Staging