California Real Estate Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

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.

Start Multiple Choice Practice Test
Start Flash Cards

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!

Practice this question and more.

What is the most desirable form of deposit from a seller's point of view?

  1. a personal check

  2. a cashier's check

  3. an immediately negotiable check

  4. a wire transfer

The correct answer is: an immediately negotiable check

A seller's most desirable form of deposit would be an immediately negotiable check because it guarantees that the funds are immediately available and can be deposited right away without any further wait or risk of the check bouncing. Personal checks and cashier's checks may have a hold period before the funds can be accessed, and a wire transfer can often have higher fees and may require additional time for processing, making them less convenient for the seller.

More Questions Like This