California Real Estate Practice Exam

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What is the maximum fine for an unlicensed person practicing real estate?

$5,000
$7,500
$10,000
$12,500

The correct answer is: $10,000

The maximum fine for an unlicensed person practicing real estate is $10,000. This amount is significantly higher than the options of $5,000 and $7,500, making them incorrect. Option D is also incorrect as it exceeds the maximum fine amount. It is important for individuals to obtain the proper license before practicing real estate to avoid any potential fines.