Real Estate License Exam (Salesperson)
The Reliable Resource for Your California Real Estate Exam
"A clear cut guide with insights and questions that helped me pass this exam!" - George R.
The journey to become a licensed Real Estate Salesperson takes a lot of commitment and dedication. With 60+ hours of course work being boiled down to one or two exams.
Bova understands the importance of this exam and what it means for your career. Because of this, we've created this comprehensive guide with multiple exam worth of questions and in-depth solutions.
Be as prepared as possible and pick up this study guide today!
Found Inside: Example Questions
Answer
&
Explanation
(B.)
Land characteristics can be classified as either economic or physical.Land has three distinct physical characteristics:
Immobility | Indestructibility | Uniqueness
Question 1
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Answer
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Explanation
(A.)
The maximum amount which can be recovered is $50,000 per any single transaction and $250,000 for any single licensee.
Question 2
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Answer
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Explanation
(D.)
Chattels are tangible personal property such as furniture or clothing. Additionally, some chattels can be attached to land and become part of real property. Patents are intangible property and are not chattels.
Question 3
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Answer
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Explanation
(C.)
Changes to place of business addresses must be provided no later than 30 days.
Question 4
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Breakdown of Exam
The Real Estate exam covers a 7 main areas of a property transaction. Below is a breakdown of each category (all of which are covered in our National Exam).
Areas Covered
1. Property Ownership and Land Use Controls and Regulations
2. Laws of Agency and Fiduciary Duties
3. Property Valuation and Financial Analysis
4. Financing
5. Transfer of Property
6. Practice of Real Estate and Disclosures (includes specialty areas)
7. Contracts
All and all these categories will generate 150 questions on your real estate exam.
The guide offered by Bova Books offers an extensive look at each of the categories and enough questions to cover 2 full exams!
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