California
Department of Real Estate -
Salesperson
LATEST EXAM GUIDE
Q & S
© 2025/2026
1. When considering land use controls, which entity is typically
responsible for zoning ordinances?
a) State government
b) Local government
c) Federal government
d) Homeowners association
Correct Answer: b) Local government
2. In California, a fiduciary duty is best described as:
a) A contractual agreement between buyer and seller
b) A legal obligation of one party to act in the best interest of
another
c) A non-binding promise made by a real estate agent
d) A financial responsibility to a lending institution
Correct Answer: b) A legal obligation of one party to act in the
best interest of another
3. The capitalization rate in property valuation is used to:
a) Calculate the gross rental income
b) Estimate the property's market value based on income

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jordancarter 6 months ago

This study guide is clear, well-organized, and covers all the essential topics. The explanations are concise, making complex concepts easier to understand. It could benefit from more practice questions, but overall, it's a great resource for efficient studying. Highly recommend!

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