88. Most property owners move on an average of every: a. 6 to 8 months.b. 6 to 8 years.c. 20 to 30 years.d. 30 to 40 years.

97. Which of the following lenders makes the majority of its funds available for short-term, high-interest loans like credit cards and automobile loans? a. Savings banksb. Commercial banksc. Life insurance companiesd. None of the answers are correct

51. What type of lease calls for an additional percentage of the lessee’s gross business income above the minimum fixed rent? a. Graduated leaseb. Flat rental leasec. Percentage leased. Triple net lease

96. An escrow holder can be: a. a corporation.b. an attorney.c. a real estate broker acting as the agent in a transaction.d. all answers are correct.  

93. The DRE salesperson’s exam: a. takes three hours.b. has 150 questions.c. requires a score of 70% to pass.d. all answers are correct.

76. Regulations regarding the allowance of service dogs in rentals can be found under the: a. Rules of the Real Estate Commissioner.b. Americans with Disabilities Act.c. 4th Amendment to the Constitution.d. California Rental Law.

58. Escrow companies use a base month of: a. 28 days.b. 30 days.c. 31 days.d. any of the answers are correct.

71. “No Darn Fooling Around” (NDFA) is a method for remembering: a. important property tax dates.b. scheduled balloon payments.c. relative’s birthdays.d. none of the answers are correct.

67. One of the most commonly used purchase contracts in California is the: a. California Residential Purchase Agreement and Joint Escrow Instructions form.b. Residential Listing Agreement and Exclusive Right to Sell form.c. Competitive Market Analysis form.d. None of the answers are correct.

40. Which of the following is NOT a responsibility that can be designated to a transaction coordinator (TC)? a. Initial the forms as approved when the broker is unavailable b. Create a timeline of important datesc. If instructed, open escrowd. Remind broker when deadlines are approaching