CA Real Estate Exam 2022/2023 Practice
Rated A
How many square feet in one acre? ✔✔There are 43,560 square feet in an acre
Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no
...
CA Real Estate Exam 2022/2023 Practice
Rated A
How many square feet in one acre? ✔✔There are 43,560 square feet in an acre
Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no
other fees, if they walked away from the sale with $306,000, about how much did their house sell
for? ✔✔$332,600
To solve this problem, set up an equation using P for the answer you seek: You know that the
seller walked away with $306,000. If the agent was to take 8% of the selling price (P), then the
seller received 92% of the selling price. So, the equation would look like this: Amount seller
received (306,000) = P (selling price) x 92% (0.92) 306,000 = P x 0.92 To isolate P (the
unknown) on one side, divide both sides of the equation by 0.92 and you have: 306,0000.92=P
Divide and you have the actual answer: 332,608.695 etc. Notice that the question says "about,"
so round to find the correct answer among the choices given: $332,600
Which of the following is a violation of the Fair Housing act? ✔✔not allowing a service dog in
an apartment complex that doesn't allow pets
According to Fair Housing laws, a handicapped individual who needs a service dog is permitted
to have one even if animals are not generally allowed on the property. However, the person is
responsible to pay for any damage the animal causes when their tenancy is up. In new multiplestory housing properties, accommodations must be made on the first floor only.
According to Fair Housing laws, which of these people is not considered disabled? ✔✔a former
convict
According to Fair Housing laws, people whose mental or physical condition limits their
performance of major life activities is "disabled." So, alcoholics, drug addicts, and HIV-infected
people are considered disabled, but having been a convict does not qualify as a disability.
Sarah owns a warehouse and has decided to sell it as an open listing. She has contacted three
brokers to sell it for her, Brokers A, B, and C. If Broker B makes the sale, who gets the
commission? ✔✔Broker B
In an open listing, whichever broker sells the property gets the commission.
What information would be unethical for a listing agent to share with a potential buyer? ✔✔"The
seller is very eager for an offer because he lost his job and found a new one in a different state."
It is inappropriate for a listing agent to tell a prospective
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