Real Estate License Practice Test

Basic arithmetical computations common to real estate practice is correct because Basic arithmetical computations are part of the official exam expectation, not just memorized vocabulary. The cited source, California DRE Salesperson Examination Content, supports this answer for the Professional Practice scenario rather than the adjacent distractors.

The required instruments and funds must be ready through the escrow process is correct because The closing process depends on the necessary instruments and funds being in place through escrow. The cited source, California DRE Reference Book: Basic Contract Provisions and Disclosures, supports this answer for the Contracts and Disclosures scenario rather than the adjacent distractors.

To help borrowers compare credit costs such as the finance charge and APR is correct because Regulation Z is about helping borrowers compare credit costs through standardized disclosures such as the finance charge and annual percentage rate. The cited source, CFPB Regulation Z (Truth in Lending), supports this answer for the Real Estate Finance scenario rather than the adjacent distractors.

The broker is engaging in prohibited housing discrimination is correct because Steering a buyer because of national origin is a fair housing problem, not a marketing preference. The cited source, HUD Fair Housing Act Overview, supports this answer for the Fair Housing scenario rather than the adjacent distractors.

Permanently installed built-in cabinets are the strongest fixture example because they are attached to the property and adapted to its ordinary use. The DRE property chapter uses affixed and built-in items as classic examples of real property rather than movable personal property.

Disclosure matters because the other party may misread the licensee's role and miss the conflict of interest. The DRE warns that a licensee acting for his or her own account must clearly explain that role and not leave the public assuming a pure agency relationship.

Basic arithmetical computations are part of the official exam expectation, not just memorized vocabulary. The DRE exam content page explicitly mentions reading, writing, spelling, and arithmetic commonly used in real estate practice.

The agreement is concluded when unqualified acceptance has been communicated. The DRE contract chapter describes that moment as the point where the parties have agreed to the terms and the transaction moves forward.

To help borrowers compare credit costs such as the finance charge and APR is correct because Regulation Z is about helping borrowers compare credit costs through standardized disclosures such as the finance charge and annual percentage rate. The cited source, CFPB Regulation Z (Truth in Lending), supports this answer for the Real Estate Finance scenario rather than the adjacent distractors.

Familial status is correct because Familial status is the clearest issue because the ad is signaling a preference against households with children. The cited source, HUD Fair Housing Act Overview, supports this answer for the Fair Housing scenario rather than the adjacent distractors.