VIP Exclusive
CPP41419 Certificate IV in Real Estate Practice — VIP Comprehensive Exam
CPP41419 — CPP41419 is the Certificate IV in Real Estate Practice, a nationally recognised Australian VET qualification under the CPP Property Services Training Package, assessed against competency units including CPPREP4001–4005 and CPPREP4101–4109; there is no single standardised timed exam — assessment is competency-based across multiple units, so this is an original comprehensive practice set aligned to those unit learning outcomes.
54
Questions
120m
Time Limit
70.00%
To Pass
Question 1 of 54👑 VIP
You are a newly licensed real estate agent and have just received a $15,000 deposit from a buyer for a residential property. The vendor has instructed you to hold the funds until settlement. Under your state trust accounting obligations, which of the following actions is correct?
Questions 2–54 and full explanations are VIP-exclusive.