California Real Estate Practice Exam

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Master the California Real Estate Exam with our comprehensive practice quiz. Get expert tips, detailed content review, and insider strategies to pass on your first try.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What is a selling broker responsible for knowing or finding out on behalf of a property purchaser?

The preferences of the local municipality
Evidence of water in the basement
Decorating trends
The best financing options available

The correct answer is: Evidence of water in the basement

A selling broker is responsible for finding out potential issues with a property for their client, such as evidence of water in the basement. This includes being aware of any potential zoning or permit restrictions from the local municipality, but it is not their main responsibility. While knowing decorating trends can be helpful for marketing a property, it is not a selling broker's primary role. Additionally, while a selling broker may have knowledge of financing options, it is ultimately the buyer's decision and responsibility to secure the best financing option for themselves. Therefore, option B is the most appropriate answer.