California Real Estate Exam Practice Questions

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Our Exam Preparation System Involves Three Key Areas

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Erik H.
License Masters makes the entire process as simple as possible and are quick to respond to any questions. I will 100% continue to use them in the future.

Heather T.
I PASSED! I highly recommend License Masters! I took their Crash Course the Saturday before my exam date.I also did their practice exams over and over until I got over 70%. Guess what?! I finished the exam FIRST and Passed! Woohoo! Do yourself a favor and work with License Masters. 💯😊🏡 You got this!

Najin I.
The crash course went over all the important concepts for the exam and the exam prep got me familiar to the types of questions you see on the actual exam. There were 10 practice exams (each 100 questions) and an exam simulator which had 150 questions. You could also do practice questions based on each specific topic which was super helpful. After finishing all the practice tests and the exam simulator I went to my state’s exam super confident and passed the first time. I didn’t use any study material other than the study guide and the practice questions from license masters and I thought that was more than enough. I highly recommend license master crash course and exam prep to anyone who is planning to take the California Salesperson exam.

Marisa D.
I passed my brokers exam on the first try. Having access to the material, the crash course review and the availability to ask clarifying questions was super helpful. Because I took the simulator tests a few times I knew I could finish the test in about two hours. This gave me confidence that I could stop and take a break when I needed to because I had plenty of time. I took a water break and was still the first one to finish. I would highly recommend this school to anyone who wishes to pass on the first try!! Thank you Lynda for being such an encouragement!!! Well worth the investment!!!!

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License Masters worked perfectly for me. I studied the flash cards and did at least 10 questions a day from their prep exams then when I knew I was ready, I sat down and did the 100 questions. I have a busy schedule so this 100% worked for me. I passed my Real Estate Exam first try. Taking the crash course near your exam date helps alot too. That package I took with me to study before I took my State Exam, it helped me retain the information. One thing I can advise is to use the flash cards and read the vocab as you are taking your pre license courses. That way you have some prior wisdom.

Mardi F.
I would highly recommend this school. I took the crash course on a Wednesday and then used all of their study materials and exams everyday up until my Broker's exam the following Tuesday. Ryan was so helpful and a great instructor. He also responded to emails right away. I passed my exam the first time!!

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I highly recommend License Masters. I took the one day- crash course to help right before the exam and passed. Very professional and the instructor answered all of my questions.

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The Key To Passing The Real Estate Exam Is Understanding The Topics

Thursday's Free Key Points
Key Point's are important bulletpoints that relate to state exam topics.

Laws of Agency	A seller has the ability to revoke an exclusive authorization and right to sell listing by sending a notice and certified letter to the broker.
Contracts	A valid contract must contain capacity, mutuality, lawful object and sufficient consideration. If it is a real estate contract, it must be in writing.
Financing	Discrimination complaints can be filed with HUD, as well as with state and federal courts.
Practice & Disclosures	Doing Business As refers to a fictitious name. Known as a DBA.
Property Ownership	A determinable fee, which has conditions of ownership, is also known as a fee simple defeasible.
Transfer of Property	Subrogation means substituting one partys rights for another.
Valuation & Analysis	The higher the risk, the higher the capitalization rate and the lower the value.

Thursday's Free Practice Questions

A deed

A.) When recorded, gives actual notice of its contents

B.) If recorded, will not give the grantee the usual protection of the recording laws if it is a quitclaim deed

C.) Can only be recorded in one county

D.) Does not have to be recorded to transfer title

Transfer of Property

A deed

Correct Answer:
Does not have to be recorded to transfer title

A deed does not have to be recorded to transfer title. A deed is valid and effective when it is delivered and accepted. It does its job in transferring title at that point. Recording simply gives notice to the world of the contents of that document.

Next Question →

When a legal description begins with the phrase: Beginning at a point on the northerly edge of M Street l00 feet easterly of the NE corner of the intersection of M and Seventh Street, and running thence...., which of the following methods of land description is being used

A.) U.S. Geographical Survey System

B.) Recorded tract map system

C.) U.S. Government Rectangular Survey System

D.) Metes and bounds

Property Ownership

Correct Answer:
Metes and bounds

Whenever a description uses distance and direction, it is a metes and bound description.

Next Question →

What is the difference between consideration and earnest money

A.) Consideration is needed in a contract, earnest money is not

B.) Earnest money is needed in a contract, consideration is not

C.) Both are required in a contract

D.) There is no difference

Property Ownership

What is the difference between consideration and earnest money

Correct Answer:
Consideration is needed in a contract, earnest money is not

Earnest money is not needed in a contract, Consideration is.

Next Question →

What is owed to a customer in regards to an agents fiduciary obligations

A.) Obedience & Loyalty

B.) Reasonable care & Disclosure

C.) Loyalty & Confidentiality

D.) Accounting & Disclosure

Laws of Agency

What is owed to a customer in regards to an agents fiduciary obligations

Correct Answer:
Accounting & Disclosure

A customer is owed disclosure of everything known and the accounting of money. No Other Fiduciary Duty Is Owed

Next Question →

While taking a listing on a property, a broker took an option to purchase the property. This action is

A.) Unenforceable

B.) Valid

C.) Void

D.) Subject to disciplinary action by the Real Estate Commissioner

Contracts

While taking a listing on a property, a broker took an option to purchase the property. This action is

Correct Answer:
Valid

Although taking a listing on a property and an option at the same time can give rise to a conflict of interest and is discouraged by the Real Estate Commissioner, the contract is valid.

Next Question →

Great Job!!!

We Strongly Believe That Passing The State Exam Involves Two Key Areas:
· Understanding The Topics On The Exam
· Recognizing These Topics In The Questions

Our Salesperson Specific Exams will reinforce topics by utilizing over 2,000 questions & our Broker Specific Exams feature over 3,000 questions!

Crash Courses: Designed to help you understand the topics on the state exam.

Practice Exams: Reinforce topics and make it easier to recognize them in questions.