Real Estate Sales Exam Study Guide 2026
Everything you need to pass the Real Estate Sales Exam exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.
📋 Real Estate Sales Exam Exam Format at a Glance
📚 Real Estate Sales Exam Topics to Study (51)
✍️ Sample Real Estate Sales Exam Questions & Answers
1. Which type of real estate contract binds only one party to perform while the other party has the choice?
A unilateral contract obligates only one party to perform; the other party has the option but not the obligation to act.
2. Under the Fair Housing Act, which of the following actions by a landlord would constitute illegal discrimination?
The Fair Housing Act prohibits discrimination based on familial status, which includes refusing to rent to families with children under 18, unless the property qualifies as housing for older persons.
3. What does the debt-to-income (DTI) ratio measure in mortgage qualification?
The DTI ratio compares a borrower's total monthly debt payments to their gross monthly income to assess repayment ability.
4. A homeowner association requires all houses to have approved exterior paint colors. This authority comes from which source?
Covenants, Conditions, and Restrictions (CC&Rs) are recorded documents that give HOAs authority to enforce aesthetic and use standards.
5. A seller's agent is instructed by the client not to disclose a latent defect in the property. Which of the following is the agent's proper course of action?
An agent's duty of obedience does not apply to unlawful instructions. State laws and real estate regulations require agents to disclose known material facts, including latent defects, to all parties. The duty to treat all parties honestly and disclose material facts overrides the duty of obedience to an unlawful instruction.
6. Which California agency is responsible for licensing and regulating real estate brokers and salespersons?
The California Department of Real Estate (DRE) administers real estate licensing, regulation, and enforcement in the state.