Real Estate Broker License Examination — Information & Free Practice
US-CA · Examination information
150 free questions · Answer explanations · No signup required
Real Estate Broker License Examination
- Provider
- California Department of Real Estate
- Format
- Multiple choice; answers selected from four choices
- Exam questions
- 200
- Time limit
- 4 hours
- Passing score
- 75 percent correct
Examination outline
Property Ownership and Land Use Controls and Regulations
- Classes of Property
- Property Characteristics
- Encumbrances
- Types of Ownership
- Descriptions of Property
- Government Rights in Land
- Public Controls
- Environmental Hazards and Regulations
- Private Controls
- Water Rights
- Special Categories of Land
Laws of Agency and Fiduciary Duties
- Law, Definition and Nature of Agency Relationships, Types of Agencies, and Agents
- Creation of Agency and Agency Agreements
- Responsibilities of Agent to Seller/Buyer as Principal
- Disclosure of Agency
- Disclosure of Acting as Principal or Other Interest
- Termination of Agency
- Commission and Fees
- Responsibilities of Agent to Non-Client Third Parties
Property Valuation and Financial Analysis
- Value
- Methods of Estimating Value
- Financial Analysis
Financing
- General Concepts
- Types of Loans
- Sources of Financing
- Government Programs
- Mortgages/Deeds of Trust/Notes
- Financing/Credit Laws
- Loan Brokerage
- Types of Loan Originators
Transfer of Property
- Title Insurance
- Deeds
- Escrow
- Tax Aspects
- Special Processes
- Transfer through Court Supervision
- Types of Vesting
Practice of Real Estate and Mandated Disclosures
- Trust Account Management
- Fair Housing Laws
- Truth in Advertising
- Record Keeping Requirements
- Agency Supervision
- Permitted Activities of Unlicensed Sales Assistants
- DRE Jurisdiction and Disciplinary Actions
- Licensing, and Continuing Education Requirements and Procedures
- California Real Estate Recovery Fund
- General Ethics
- Technology
- Property Management
- Commercial/Industrial/Income Properties
- Specialty Areas
- Transfer Disclosure Statement
- Natural Hazard Disclosure Statements
- Disclosure of Material Facts Affecting Property Value
- Need for Inspection and Obtaining/Verifying Information
- Reports
- Servicing Diverse Populations
Contracts
- General
- Listing Agreements
- Buyer Broker Agreements
- Offers/Purchase Contracts
- Agreements
- Promissory Notes/Securities
- Purchase/Lease Options
- Advanced Fee
Examination sources
- DRE Broker Examination Content
Published broker outline, section 1
- DRE Broker Examination Content
Published broker outline, section 2
- DRE Broker Examination Content
Published broker outline, section 3
- DRE Broker Examination Content
Published broker outline, section 4
- DRE Broker Examination Content
Published broker outline, section 5
- DRE Broker Examination Content
Published broker outline, section 6
- DRE Broker Examination Content
Published broker outline, section 7
- DRE Taking the Exam
Time, Broker
- DRE Broker Examination Content
Passing score
- bpc 10150
BPC § 10150(a)
- DRE Requirements to Apply for a Real Estate Broker License
Opening requirement